On November 21, 2024, as part of the Vietnam - Korea Investment Cooperation Forum 2024, CMC Consulting signed a cooperation agreement with Korea Vietnam IT Outsourcing Center (KVIT.vn), with the goal of expanding and connecting with South Korean businesses, at a time when over 9,000 Vietnamese companies are operating with investment from this country.
Organized by KBIZ (the Small and Medium Enterprises Association of Korea), the Vietnam-Korea Investment Cooperation Forum 2024 took place at the National Innovation Center (NIC Hoa Lac, Hanoi), attracting over 500 delegates from both countries. This significant event aimed to promote cooperation between the business communities of Vietnam and South Korea, especially in the field of sustainable development for small and medium-sized enterprises (SMEs). Speaking at the Forum, Permanent Deputy Prime Minister Nguyen Hoa Binh affirmed that the Vietnamese Government always encourages Korean enterprises to expand investment cooperation in areas where Korea has strengths and Vietnam has high demand and priority, such as: high technology, electronics, semiconductors, artificial intelligence, and more.
The 2024 Forum witnessed the signing of five Memorandums of understanding (MOUs) between Vietnamese and Korean business associations, along with nine cooperation Memorandums of understanding between enterprises on several key areas, opening up opportunities for extensive cooperation between businesses of the two countries. It is an honor to be part of this event, marked by the signing of a cooperation agreement between CMC Consulting and KVIT.
Korea Vietnam IT Outsourcing Center (KVIT) was established by experts with extensive knowledge in IT and business management in Vietnam. With a team of over 10 years experienced consultants, KVIT currently offers a wide range of IT Outsourcing consulting services to businesses in the market. KVIT's mission is not only to develop and promote the IT outsourcing industry between the two countries but also to support South Korean companies in successfully implementing IT outsourcing operations in Vietnam.
CMC Consulting, a subsidiary of CMC Corporation, is a leading and trusted provider of consulting and comprehensive digital transformation solutions for enterprises in Vietnam. With over 16 years of experience in the market and being a SAP Gold Partner since 2011, CMC Consulting is committed to delivering high-quality enterprise management solutions from SAP, utilizing the latest technologies such as AI and RPA to help businesses optimize productivity and enhance business efficiency.
With significant growth in recent years, Vietnam has become one of the most attractive investment destinations for South Korean businesses. Therefore, Vietnam-Korea Investment Cooperation Forum 2024 presents an important opportunity for businesses from both countries to directly exchange ideas, seek strategic partners, expand markets, and collaborate on investments. In this context, the cooperation agreement between CMC Consulting and KVIT marks a major goal of supporting South Korean and Vietnamese businesses in leveraging the latest technologies in management and enhancing business efficiency. As a result, businesses will be able to quickly achieve new milestones in their digital transformation journey and strongly expand in the 4.0 era.