The Korea Worldwide Commerce Affiliation (KITA) has established new workplaces in Hanoi, Vietnam, and São Paulo, Brazil, to focus on the “World South” area and start full-scale help for South Korean firms’ entry into these markets.
KITA introduced on Nov. 21 that it held a gap ceremony for its Hanoi workplace on Nov. 20 (native time) on the Lotte Resort Hanoi. The Hanoi workplace is KITA’s second base in Vietnam, following the Ho Chi Minh workplace. On the ceremony, KITA Chairman Yoon Jin-sik stated, “South Korea and Vietnam are one another’s prime three buying and selling companions, and with annual commerce quantity reaching $86.8 billion, they’re core companions. Specifically, Hanoi and the northern area of Vietnam are the middle of the supplies, elements, power, and logistics industries, the place our firms’ strategic investments are quickly increasing.”
KITA additionally held a gap ceremony on Nov. 18 (native time) on the JW Marriott Resort São Paulo. The São Paulo workplace will function a hub for Brazil, the biggest economic system in Latin America, and the whole Latin American area, strengthening South Korean firms’ market accessibility and actively supporting the invention of latest enterprise alternatives.
A KITA official stated, “We’ll proceed to leverage our in depth world community to assist South Korean firms safe new progress bases amid a quickly altering world enterprise surroundings,” including, “We’ll proceed to strengthen tailor-made native help in order that our firms can proactively seize alternatives in new markets.”
