Under the agreement, BIDV will provide favourable conditions for KBIZ-VN to participate in conferences and events held by the bank, thus attracting RoK businesses to invest in Vietnam. The Vietnamese bank will also work with KBIZ-VN in advertising banking products and services as well as developing new ones suitable for RoK firms.

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BIDV and KBIZ-VN sign a comprehensive cooperation agreement

In addition, the bank will provide legal consultancy service, merger and acquisition advice and connecting industrial parks and processing zones in Vietnam for KBIZ-VN’s members and partners.

KBIZ-VN will facilitate BIDV in meeting with RoK enterprises as well as providing information of its investors in Vietnam.

KBIZ-VN has nearly 3.55 million member companies worldwide. Of which, it connects more than 2,000 members out of some 8,000 RoK firms operating in Vietnam.

Source: VNA