Ulsan City Dispatches 'Comprehensive Trade Delegation' to Vietnam, the Top New Export Preference

Dispatch of 7 SMEs Including K-Beauty

Export Consultation Meetings Held in Ho Chi Minh and Hanoi

Ulsan City has targeted Vietnam as a new export market.

On the 21st, Ulsan City announced that, together with the Ulsan Economic Promotion Agency, it will dispatch the "Vietnam Comprehensive Trade Delegation" from the 22nd to the 26th.

The overseas trade delegation dispatch project selects countries with high preference through annual demand surveys targeting local export companies and sends companies to those countries to pioneer new markets.

This trade delegation includes seven small and medium-sized enterprises from Ulsan, such as Jingcotech Co., Ltd., selected through local market feasibility evaluations, who will visit Ho Chi Minh City and Hanoi in Vietnam.

The dispatched companies will introduce their products and discuss local export plans through one-on-one export consultations with matched buyers in Vietnam. Currently, the number of pre-matched buyers is expected to be about 22 companies in Ho Chi Minh City and 35 companies in Hanoi.

Vietnam ranks fifth in Ulsan’s export destinations by country (based on cumulative data for 2022), with active trade, and the recent K-beauty boom has increased demand for consumer goods such as cosmetics, creating new opportunities for small and medium-sized enterprises.

An official from Ulsan City said, “We expect to revitalize exports of local small and medium-sized enterprises and strengthen competitiveness through the establishment of a global network,” adding, “In addition to dispatching trade delegations, we will provide various support through Ulsan City’s trade support policy projects.”

Ulsan City plans to organize about four trade delegations this year targeting markets such as the Middle East and North America and hold export consultation meetings.

Ulsan City Hall.

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