Changwon Special City Dispatches Trade Delegation to Ho Chi Minh, Vietnam ... Pioneering Emerging Markets

Support for Expanding Vietnamese Market Entry in Machinery, Automotive, and Electronics Sectors, etc.

Changwon Special City in Gyeongnam dispatched a trade delegation to Ho Chi Minh City, Vietnam.

[Asia Economy Yeongnam Reporting Headquarters Reporter Song Jong-gu] Changwon Special City in Gyeongnam announced on the 13th that it dispatched a trade delegation to Ho Chi Minh City, Vietnam, for a 3-night, 5-day schedule from the 11th to the 15th, together with the Changwon Industry Promotion Agency, to expand the market entry of local export SMEs into Vietnam and promote economic exchange cooperation.

The dispatch project of Changwon City's overseas trade delegation is a program that selects countries with high preference for market entry through an annual demand survey targeting local export companies and sends companies to those countries to pioneer new markets.

The main schedule of this Vietnam trade delegation includes ▲ signing business agreements and building networks with local related organizations ▲ holding 1:1 export consultation meetings by inviting local buyers in the machinery, automobile, and electronics sectors ▲ inspecting local companies and touring Vietnam's specialized industrial complexes.

On the 12th, a 1:1 customized export consultation meeting was held between about 30 buyers in the machinery, automobile, and electronics sectors and Changwon companies, resulting in export consultations worth 21.2 billion KRW and contract promotion worth 10.3 billion KRW. On the 13th, to promote the technology of companies in Changwon and their entry into the Vietnamese market, a business agreement was signed with the SME Support Center under the Ministry of Science and Technology of Vietnam, and the Dongjin Vietnam factory, a local company, was inspected.

On the 14th, follow-up export consultations for each company will be conducted, and after touring the Phu My 3 specialized industrial complex to understand the local market, the delegation will conclude the schedule and return home.

Hong Nam-pyo, Mayor of Changwon Special City, said, “This year marks the 30th anniversary of diplomatic relations between Korea and Vietnam, making this trade delegation dispatch especially meaningful,” and added, “We will continue to expand the cooperation system to contribute to the market entry of local export companies into Vietnam.”

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