Korean firms to sign cooperation deals at Vietnam-Korea ICT 2018

March 19, 2018 | 10:26

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Big Korean companies are expected to sign to cooperate with local firms at the Vietnam-Korea ICT 2018 on March 22 in Hanoi.

korean firms to sign cooperation deals at vietnam korea ict 2018

About 40 Vietnamese and Korean ICT firms joined the Vietnam Korea ICT Programme last September (Source: VIA)

The event, held by the Vietnam Internet Association (VIA) in collaboration with the Korea National Information Technology Promotion Agency (NIPA), will attract dozens of well-known firms from Korea and open many strategic cooperation opportunities for IT enterprises of the two countries, with some businesses signing Memoranda of Understanding (MoU) on business cooperation.

For example, local Access Motion Company will sign with Korea Tripath Company on advertising based on users’ location, Korean DSP1 Company and Viettel Group will sign to provide an anti-theft solution based on M2M connection, Korea Supernet and Newtatco will sign a cooperation agreement in wireline and wireless consolidation services, Korea JC1 will sign an agreement on digital conversion solutions with FSI Vietnam, and Korea ESE Company will sign an agreement to provide integrated smart solutions to FPT Corporation.

Vietnamese and Korean firms share contacts at a stall of Korean JC1 at Vietnam-Korea ICT 2017 in Hanoi. (Source: VIA)

Besides, the event will feature topics such as 5G conditions, Korea's digital policy, and Vietnam’s roadmap for IT development. According to the organiser, VIA, the B2B Linkage Programme for Vietnamese-Korean companies is particularly important as Vietnamese IT businesses can introduce their strengths and visions to call for investment and support from potential Korean partners.

South Korea, which was among the first countries to set up relations with Vietnam through the provision of digital telecommunications equipment in the early 1990s, is now the top investor in the country with big names like Samsung, SKT, and KT. According to VIA, nearly 40 Vietnamese and Korean firms joined the event last September.

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