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HÀ NỘI — The Bank for Development and Investment of Việt Nam (BIDV) and the KBIZ Việt Nam Federation of Korea SMES (KBIZ-VN) signed a comprehensive co-operation agreement on Thursday in Ha Noi.
Under the agreement, BIDV will provide favourable conditions for KBIZ-VN to participate in conferences and events held by the bank, thus attracting South Korean businesses to invest in Việt Nam. BIDV will also work with KBIZ-VN in advertising banking products and services as well as developing new ones suitable for South Korean firms.
In addition, the bank will provide legal consultancy service, merger and acquisition advice and connecting industrial parks and processing zones in Việt Nam for KBIZ-VN’s members and partners.
KBIZ-VN will facilitate BIDV in meeting with South Korean enterprises as well as providing information of its investors in Việt Nam.
KBIZ-VN has nearly 3.55 million member companies worldwide. Of which, KBIZ-VN is connected more than 2,000 members out of some 8,000 South Korean firms operating in Việt Nam. — VNS
