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BIDV took part in the Vietnam–Korea Economic Forum and signed three cooperation agreements with Korean partners to promote bilateral collaboration between Vietnam and South Korea. The forum was held as part of the official visit of the Korean President to Vietnam.
At the event, BIDV CEO Le Ngoc Lam discussed cooperation opportunities in the new phase of the two countries’ comprehensive strategic partnership with leaders from major Korean and Vietnamese groups, including Samsung, LG, SK, Lotte, PVN, EVN, THACO, and Sun Group.
Outside the forum, Le Ngoc Lam said BIDV currently provides comprehensive financial services to more than 10,500 foreign direct investment (FDI) enterprises in Vietnam, including nearly 2,000 Korean firms. He noted that Hana Bank, as a strategic shareholder holding nearly 15% of BIDV’s equity, provides a foundation to support Korean investors during both investment and production phases.
BIDV was also designated by the State Bank of Vietnam as the settlement bank for cross-border QR payments between Vietnam and Korea. The bank additionally provides remittance services for the Vietnamese community in Korea, supporting stronger financial connectivity and trade, and improving experiences for people and enterprises in both countries.
At the Vietnam–Korea Business and Science & Technology Forum, BIDV signed memoranda of understanding with three Korean partners to establish a platform for comprehensive cooperation in infrastructure and high-end real estate.
Specifically, BIDV, Hana Bank, and KIND signed agreements to provide financial solutions for large-scale infrastructure projects in Vietnam. BIDV said the cooperation is intended to broaden development potential in infrastructure and reinforce partnerships among the parties.
Separately, BIDV signed an MOU with GS Engineering & Construction to provide financial solutions for the Zeit River Thủ Thiêm project, and to accompany enterprises in their development plans in Vietnam.
With iMarket Korea, BIDV focused on advisory, investment matchmaking, and financial-banking services for the K-Tech Industrial Park project in Phu Tho, as well as other projects by Korean firms in Vietnam. The bank said this is aimed at attracting investment and developing modern, sustainable infrastructure.
On the sidelines, BIDV’s booth drew significant interest from Korean enterprises, enabling direct exchanges with leading groups about their investment needs.
BIDV representatives said the bank aims to act as a financial anchor, accompanying Korean enterprises and investors to support Vietnam’s economic development and strengthen trade and investment ties between the two countries.
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