Shinbo Provides 'Customized Consultation' Through Local Lawyers to Companies Planning to Enter Vietnam

[Asia Economy Reporter Song Seung-seop] The Korea Credit Guarantee Fund (KODIT) announced on the 14th that it held the ‘Kodit Live Consulting Day’ event to support the government’s New Southern Policy.

This event was organized to provide customized legal services to companies planning to enter the Vietnamese market. It was held on the 11th and 13th using an online video conferencing system. Consultations were conducted by connecting Vietnamese local legal experts in real-time to the offices of participating companies.

About 60 companies planning to enter Vietnam participated in the event, and the experts were selected as legal professionals with over 10 years of experience working locally.

Since the end of last year, KODIT has opened a representative office in Hanoi, Vietnam, to support companies expanding overseas. Currently, it is responsible for credit investigations related to guarantees and supporting guarantee companies in overseas investment and export market development. Additionally, through the ‘Overseas Expansion Company Guarantee Support Program,’ it has provided guarantees worth 31.3 billion KRW to 20 companies entering the Vietnamese market.

A KODIT official stated, “KODIT will strive to support small and medium-sized enterprises expanding overseas, including Vietnam, not only through financial support but also by providing various non-financial services, to help overcome the crisis intensified by COVID-19 and to back the government’s New Southern Policy.”

This content was produced with the assistance of AI translation services.