The Vietnam - Korea Business Forum was attended by more than 500 delegates who are leaders of ministries, sectors, localities and Vietnamese - Korean enterprises. This is an important event, a good opportunity for leaders and enterprises of the two countries to share and discuss key goals in promoting bilateral investment and trade relations.

On the CMC side, representatives attending the Forum included Mr. Young Eon Kwon, General Director of CMC Korea and Mr. Nguyen Ngoc Giang, Director of Korea Production and Business Center, CMC Global. Within the framework of the Forum, under the witness of senior leaders of Vietnam and Korea, CMC Group successively exchanged memorandums of understanding on cooperation between the group and two Korean partners, KSP Steel and RSupport, to promote the application of technology solutions and promote the digital transformation process for Korean partners.

Specifically, the content is presented through advanced technologies such as developing MES systems, smart factory solutions, applying AI artificial intelligence technologies to promote digital transformation activities of these businesses...

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Mr. Nguyen Ngoc Giang, representative of CMC Group and Mr. Choi Jae Sam, Director of Technology, KSP Steel exchanged the Minutes of Cooperation Agreement. Photo: CMC

Having cooperated with many leading Korean technology companies and corporations, CMC has contributed to providing advanced technology solutions, accompanying the digital transformation process in Korea, demonstrating the Group's strong commitment to investing and developing technology, especially in the field of artificial intelligence (AI). Recently, the Group officially opened an office in Korea, once again affirming CMC's commitment to expanding and investing in the land of Kim Chi.

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CMC Chairman Nguyen Trung Chinh met with Samsung Group Chairman Lee Jae Yong on the sidelines of the Vietnam-Korea Economic Forum. Photo: CMC

Mr. Nguyen Trung Chinh, Chairman of the Board of Directors of CMC Corporation shared: "CMC is honored to be chosen as a trusted partner, solving IT problems of leading Korean enterprises on the digital transformation journey. We will continue to fulfill our commitments to contribute to the development of advanced technology solutions, towards a brighter and more sustainable future. Through that, CMC not only wants to make its mark on the global technology map but also wants to contribute to building a livable and prosperous digital society in Korea."

With over 31 years of development, CMC Technology Group aims to cooperate to solve current challenges such as climate change and take the lead in green technology trends, contributing to the development of advanced technology solutions for a sustainable future. CMC's commitments to cooperate with Korean enterprises are a testament to its desire to support Korean enterprises in applying advanced technology and achieving digital transformation goals.

Korea is currently the No. 1 foreign direct investment partner, No. 2 in development cooperation and tourism , and No. 3 in labor and trade cooperation in Vietnam. Notably, Korea is currently the largest foreign direct investment (FDI) partner with 87 billion USD of registered capital as of April, accounting for 18.25% of total FDI in Vietnam. Bilateral trade turnover in 2023 will reach 76.1 billion USD.

In the first 4 months of the year, export turnover between the two countries reached 25.5 billion USD, an increase of 4% over the same period in 2023. In addition, bilateral cooperation between Vietnam and Korea is also being constantly promoted and expanded in many fields, including: urban transport infrastructure, healthcare,education and training, environment; clean energy, information technology, ...

Thuy Nga