KOCHAM and NovaGroup sign comprehensive cooperation

December 28, 2021 | 17:42
The Korea Association of Commerce and Industry in Ho Chi Minh City (KOCHAM) and NovaGroup on December 27 officially signed a cooperation agreement in many fields.

KOCHAM and NovaGroup agreed to cooperate in organising major cultural and art programmes, festivals, sports events, and entertainment activities, South Korea-Vietnam trade promotion and tourism events in NovaGroup’s projects.

This cooperation will create a foundation for developing long-term relationships between the two sides, as well as building cooperative relationships with members and partners of KOCHAM, to promote the strength and growth potential of the parties, to contribute to the socioeconomic development of the two countries.

KOCHAM and NovaGroup sign comprehensive cooperation
Representatives of KOCHAM and NovaGroup signed a cooperation agreement

In the coming time, the two sides will create the most favourable conditions for researching and developing cooperation in all fields of mutual interest. KOCHAM will encourage its members and partners to use products and services in NovaGroup’s ecosystem. NovaGroup vice versa will also provide special incentives for members and partners from KOCHAM.

Shon Young IL, chairman of KOCHAM in Ho Chi Minh City, hopes that two sides would share the necessary information and make practical contributions to restore the economy, tourism, and trade of the two countries post-COVID-19 pandemic.

KOCHAM and NovaGroup sign comprehensive cooperation
Shon Young IL, chairman of KOCHAM in Ho Chi Minh City, delivers his speech at the event

At the signing event, Hoang Thu Chau, general director of NovaGroup shared, “With this cooperation, NovaGroup aims to continue to strengthen and expand relationships with Korean businesses operating in Vietnam, to create a complete and world-class ecosystem for our products and services."

On the journey of 29 years of establishment and development, NovaGroup aims to become the leading economic development and investment group in Vietnam, with the role of a common connection bridge of the Vietnamese business community who have the same ambition to reach out to the world.

NovaGroup connects and supports the business community with all resources in the group's ecosystem, creating outstanding added values in offering high-class experience products and services to the community.

Under the development strategy for 2021-2025 with a vision towards 2030, in the field of tourism development, NovaGroup aims to develop dozens of satellite townships and mega-tourist townships in 30 provinces and cities and nine regional entertainment zones, receiving 36 million domestic and foreign tourists by 2025.

KOCHAM and NovaGroup sign comprehensive cooperation
Hoang Thu Chau, general director of NovaGroup stated at the event

KOCHAM has been operating in Vietnam for 17 years, with more than 5,000 Korean enterprises operating in multi-industry investments, significantly contributing to the economic development of Vietnam. KOCHAM and Korean businesses create a strong connection to build a new supply chain in the context of COVID-19 for Vietnamese businesses and commit to accompanying Vietnam to recover and develop the economy in the future.

By Bich Ngoc

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