When it comes to commercial real estate, market trends, technology, and tenant expectations continue to evolve. Yet one factor remains constant: location is still the m…
Renovating a home can be one of the most exciting projects a homeowner undertakes. It’s an opportunity to breathe new life into a space, improve functionality, and boos…
Wrought iron gates are timeless, offering both elegance and strength to any property. Their intricate designs and sturdy construction make them a popular choice for hom…
For many families, Christmas is more than just a holiday; it’s a season filled with joy, love, and the chance to create treasured traditions that children will remember…
For many homeowners, the idea of increasing property value often conjures up images of large-scale renovations with equally large price tags. However, not all improveme…
Adolescence is often described as a turbulent period of life. Hormonal changes, social pressures, academic stress, and the search for identity all combine to make the t…
Designing and maintaining a functional commercial kitchen is no small task. Whether you’re fitting out a new restaurant, café, or catering facility, the layout of your …
In an increasingly digital world where the competition relies on speed and personalization, entities need to predict and fulfill what users want before they even realiz…
The partnership's objective is to enhance economic growth, foster trade collaboration, and boost the export competitiveness of both nations.
As per the Memorandum of Understanding, Vingroup and K-Sure will collaborate on Vingroup's projects with Korean partners, trade insurance programs aimed at expanding into new markets, and exploring potential joint venture opportunities.
K-Sure will offer guarantee programs and support to Korean suppliers, construction, and engineering firms. This support aims to enable the seamless provision of products and services to Vingroup and its subsidiaries, including electric vehicle components, energy storage systems (such as batteries and other parts), construction equipment, construction management services, and the supply of components and parts.
In addition, K-Sure's guarantee allows Korean investors to invest or form joint ventures with Vingroup or its subsidiaries, creating potential long-term business opportunities.
Vingroup and K-Sure will also explore the possibility of joint participation in projects and market development opportunities through K-Sure's export and guarantee programs.
Speaking at the MOU presentation ceremony, Mr. Nguyen Viet Quang, Vice Chairman, and Chief Executive Officer of Vingroup, said: "We are thrilled to sign an MOU with K-Sure during the official visit of the President of the Republic of Korea to Vietnam. Vingroup and K-Sure's partnership will enhance trade and investment – two important focuses for our countries – accelerating commercial operations and expanding international production and export markets."
Mr. Lee Inho - General Director of K-Sure, said: "Southeast Asia has significant growth potential, as well as an abundance of labor and resources. We are delighted to have a strategic partnership with Vingroup, one of the leading private conglomerates in the region, to strengthen Korea's vital sectors and increase exports. We also expect to support Vingroup's global market development and expansion, particularly in the green mobility revolution that both parties are pursuing."
Korea Trade Insurance Corporation (K-Sure) was established in July 1992 upon the Trade Insurance Act to promote trade and overseas investment of Korean enterprises with the mission to boost national competitiveness. The cooperation with K-Sure affirms Vingroup's efforts in continuously connecting with leading agencies and enterprises to jointly invest and develop our competencies in smart, innovative, and sustainable consumer products and services.
Hashtag: #Vingroup
The issuer is solely responsible for the content of this announcement.
About Vingroup
Established in 1993, Vingroup is one of the leading private conglomerates in the region and currently focuses on three main areas: Technology and Industry, Services, and Social Enterprise. Find out more about Vingroup at: https://www.vingroup.net/en
About Korea Trade Insurance Corporation
Korea Trade Insurance Corporation (K-Sure) was established in July 1992 upon the Trade Insurance Act to promote trade and overseas investment of Korean enterprises with the mission to boost national competitiveness. Find out more about K-Sure at: https://www.ksure.or.kr/rh-en/cntnts/i-615/web.do
Getting a restful night's sleep is essential for overall health and well-being. For many, external noises—be it a snoring partner, traffic, or noisy neighbors—can disrupt sleep patterns. One effective...
Adolescence is often described as a turbulent period of life. Hormonal changes, social pressures, academic stress, and the search for identity all combine to make the teenage years emotionally inten...
Seeing a dentist is often associated with pain or emergency situations. However, routine dental visits play a much larger role in maintaining not only oral health but your overall wellbeing. Whether...
Hashtag.net.au
