As per the Memorandum of Understanding, Vingroup and K-Sure will collaborate on Vingroup’s projects with Korean partners, trade insurance programs aimed at expanding into new markets, and exploring potential joint venture opportunities.
K-Sure will provide guarantee programs and support to Korean suppliers, construction, and engineering firms. This support aims to facilitate the smooth provision of products and services to Vingroup and its subsidiaries, including electric vehicle components, energy storage systems (such as batteries and other parts), construction equipment, construction management services, and the supply of components and parts.
In addition, K-Sure’s guarantee enables Korean investors to invest or form joint ventures with Vingroup or its subsidiaries, thereby creating potential long-term business opportunities.
is a leading provider of trade insurance in Korea. We are dedicated to promoting and supporting international trade by providing comprehensive insurance coverage for exporters and importers. With our extensive experience and expertise in the field, we strive to safeguard the interests of our clients and help them navigate the complexities of the global market. Our commitment to excellence and customer satisfaction sets us apart and makes us a trusted partner for businesses in Korea and beyond.
FTA – Driving force for growth in 2021
With a number of free trade agreements now signed, Vietnam finds itself in its strongest-ever position on the international trade map. Its proactive participation in agreements and the demonstration of its leading role in the region and the world have changed the country’s position and profile, with economic experts emphasising that its FTAs will be a driving force for growth this year and beyond.
Vietnamese companies struggling to overcome tough times
The COVID-19 pandemic has wreaked havoc on the global economy, forcing many enterprises to identify new strategies and adapt to the changing circumstances.
Vietnam and Algeria Plan to Broaden Trade Collaboration
On June 18, representatives from various businesses gathered at the Vietnam Trade Office in Algeria in order to establish stronger ties by engaging in more direct transactions, discussing secure payment methods for trading between the two countries, addressing mutual reliability and trust issues, and making improvements to existing logistics in trading activities between Vietnam and Algeria.
