That was one of the statements of Mr. Kwon Jae Haeng - Chairman of the Vietnam - Korea Economic Support Committee (KVECC) in an event not long ago when evaluating the relationship between Vietnamese businesses - Korea in recent years.
In recent years, Korea has been one of Vietnam's most important partners, ranking first in investment, second in ODA, third in trade... Vietnam has also become a major trading partner. 3rd in Korea. Compared to 10 years ago, in 2013, investment capital from Korea into Vietnam only reached 3.8 billion USD, now it has jumped over 80 billion USD, an increase of 21 times. At the end of 2022, Vietnam and South Korea issued a Joint Statement upgrading relations to a comprehensive strategic partnership, officially opening a new chapter in bilateral relations.
Mr. Kwon Jae Haeng - Chairman of the Korean Multicultural Foundation, and Chairman of the Korea - Vietnam Economic Committee.
KVECC was born on the basis of the Korean Multicultural Volunteer Association (English: Korea Multicultural Volunteer Association) - a volunteer organization, investing and doing business in Vietnam for more than 10 years, with the cooperation of many Vietnamese and Korean experts in different fields to promote trade and mutual investment between the two countries.
The organization's goal is to link, develop and explore the potential for cooperation between the two markets through cooperation of ministries, branches and local authorities, as well as the Vietnamese government and skilled companies. and superior Korean technology. In addition, the organization is also a place to help connect Vietnamese university and high school students studying abroad in Korea so they can study at Korean universities with which KVECC has signed an MOU. For students and graduates majoring in tourism in Korea, the internship program is linked with Vietnamese resorts and hotel chains such as VINGROUP's VINPEARL. In addition, regularly organize beauty fairs with the Korean Beauty Association and experts in the beauty field to further enhance business value by directly communicating with Vietnamese consumers, product introduction and promotional activities.
Culinary cultural exchange festival with Vingroup, all profits are given to poor children.
For 10 years, KVECC has provided school supplies and scholarships for children at Tan Trieu Primary School (Hanoi).
KVECC discussed more practical cooperation options with licensees and senior government officials of Korea and Vietnam to help many companies and businesses in the two countries do business stably and effectively. and more successful.
It is impossible not to mention that the reputation of the Korea - Vietnam Economic Support Committee (KVECC) is enhanced thanks to its members who are elite businesses and experts in many fields. Businesses and experts who want to join the membership must go through a strict evaluation process by the Board of Directors. Only businesses/experts officially proven in Korea can join the membership.
With more than 10 years of living and working in Vietnam, Mr. Kwon Jae Haeng assessed Vietnam as one of the countries with many strong points that attract investment. Perhaps that is also part of the reason why he devoted so much of his effort to bridging all cooperation activities between Vietnam and Korea.
The Korean multicultural organization headed by Mr. Kwon Jae Haeng has also been known for many years for its activities in the field of social charity.
He said: "Vietnam and Korea share a long-standing culture, long influenced by Confucianism, that's why Korean businesses and Vietnamese businesses both have quite similar cultural backgrounds. However, we all know that, despite these similarities, there are still differences. Therefore, localization strategies of businesses must be carefully planned. Once you understand the culture and psychology of the local people, investing and getting acquainted with the market here will be much easier. To be able to achieve this, Korean businesses like us have prepared very carefully and investigated quite a long time in advance."
Mr. Kwon Jae Haeng in a working session between KVECC and Phoenix International Group Company Limited.
Mr. Kwon Jae Haeng - Chairman of the Korean Multicultural Foundation and Chairman of the Korea - Vietnam Economic Committee, has been implementing domestic and foreign cooperation programs with Vingroup (VinEco, VinPearl, VinTech, ...), tourism cooperation projects with the Vietnam Tourism Association (VITA). He is also known as a member of the Executive Committee of the Vietnam Chamber of Commerce and Industry (VCCI), having successfully implemented a 100Mb solar power project in cooperation with SONADEZI in Dong Nai province. In addition, the Korean Multicultural Organization headed by Mr. Kwon Jae Haeng has also been known for many years for its activities in the field of social charity such as free surgery for children with incurable diseases, helping Helping disabled children, organizing K-POP festivals at the City Labor Cultural Palace. Ho Chi Minh City, the event to help Vietnamese children with VinGroup's Thien Tam Foundation in 2019...
"We play the role of widely disseminating unique Korean values to people and the international community in many fields such as culture, art, education, contributing to further promoting and deepening relationship in the fields of tourism, culture as well as trade and business. I believe that the two countries will cooperate closely with each other, share expertise and contribute to the common development of both Korea and Vietnam" - Chairman Kwon Jae Haeng shared.
Mr. Kwon Jae Haeng and Mr. Nguyen Van Hung - Chairman of the Board of Directors of Phuong Hoang International Group.
The delegation of the Korea - Vietnam Economic Support Committee (KVECC) worked with the Vietnam International Trade, Investment and Tourism Promotion Center (VITIT).
Article by Uyen Nhi (https://doanhnghiephoinhap.vn/chu-tich-kvecc-ong-kwon-jae-haeng-chien-luoc-ban-dia-hoa-cua-cac-doanh-nghiep-phai-co-ke-hoach-ky-luong.html?utm_source=zalo&utm_medium=zalo&utm_campaign=zalo&zarsrc=31).
