Korean companies sign 14 export deals, MOUs in Vietnam: KOTRA

Korean companies have signed 14 export deals and memorandums of understanding in Vietnam, the Korea Trade-Investment Promotion Agency (KOTRA) said Tuesday, as the two countries seek to expand cooperation across various industries. KOTRA said the agreements were reached during a two-day Korea-Vietnam economic cooperation event held in Hanoi from Monday, which was attended by 166 companies from both countries. The deals include a $36,000 contract to export health drinks to Vietnam and a seasoned dried seaweed export deal worth $50,000, according the agency. Korea and Vietnam agreed to step up efforts to raise their bilateral trade volume to $150 billion by 2030 during a summit between Korean President Lee Jae Myung and Vietnam's top leader To Lam in Seoul last month. Vietnam is Korea's third-largest trading partner and home to about 10,000 Korean companies. Bilateral trade volume stood at $86.7 billion in 2024.Weiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times