The National Agricultural Cooperative Federation of the Republic of Korea (Nonghyup) announced on April 5 that it has opened an office in Vietnam to expand its exports to Southeast Asian countries, including Vietnam, and seek new projects as well as pave the way for its kimchi exports to Vietnam.
At the opening of the Nonghyup office in Vietnam. (Photo: VNA)
Hanoi (VNA)♒ – The NationalAgricultural Cooperative Federation of the Republic of Korea (Nonghyup) announced onApril 5 that it has opened an office in Vietnam to expand its exports toSoutheast Asian countries, including Vietnam, and seek new projects as well as pavethe way for its kimchi exports to Vietnam.
Nonghyup Chairman LeeSung-hee pledged to make efforts to introduce high-quality farmproduce from Nonghyup to Vietnam and explore foreign markets, thus creatingconditions for Nonghyup's kimchi to become a representative product of the RoK. Nonghyup also signed a memorandum ofunderstanding (MoU) with Korean food trading companies in Vietnam to promote newproducts and collaborate on marketing to increase consumption. The same day, the Korea Trade-InvestmentPromotion Agency (KOTRA) and Incheon Technopark opened a Korean booth at the 32nd Vietnam International Exhibition in Hanoi to boost exports. The booth displays a diverse range of productsfrom small and medium-sized enterprises, including cosmetics, food andbeverages, materials and equipment, fashion and accessories. KOTRA helped the participating companies withVietnamese marketing materials and introduced them to 150 key Vietnamesebusinesses, including the largest retail system in Vietnam called Wincommerce./.
A forum discussing measures to promote cooperation between Vietnam and the Republic of Korea (RoK) in developing green industries and smart mobility was held in the RoK on March 28.
Deputy Minister of Natural Resources and Environment Le Cong Thanh had a working session with Deputy Minister of Environment of the Republic of Korea (RoK) Kum Hang-seung in Hanoi on March 29.
Deputy Prime Minister Tran Luu Quang hosted a reception for Kim Myoung-kyu, Vice President of LG Display Co Ltd, a subsidiary of LG Group of the Republic of Korea (RoK), on March 31 in Hanoi.
The Vietnam Cooperative Alliance (VCA) and the National Agricultural Cooperative Federation (NACF) of the Republic of Korea (RoK) inked a memorandum of understanding (MoU) on cooperation in the 2018-2021 period at a ceremony in Hanoi on April 3.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
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Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
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A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
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