Business

BAVIK Hosts 2026 New Year Event, Beginning New Chapter in Korea-Vietnam Economic Cooperation

Experienced business leaders and young entrepreneurs from both countries well represented

By Diplomacy Journal Kayla Lee |  The Korean-Vietnamese Business Association (BAVIK) held its New Year event on January 25, bringing together major business leaders from both Korea and Vietnam. The event was organized by Jeon Yong-heon, Chairman of the Korea-Vietnam Forum, and was particularly notable for the large attendance of young Vietnamese entrepreneurs, creating a warm and friendly atmosphere.

 

 

Vietnamese attendees included Vietnam’s Ambassador to Korea Vu Ho, BAVIK Chairman Dao Tuan Hong, Vice Chairman Nguyen Viet Phong, and Vice President Won Jeong-min. Tran Khanh Van, Vietnam News Agency Seoul Bureau Chief, also attended.

 

On the Korean side, Jeon Yong-heon, Chairman of the Korea-Vietnam Forum, was joined by Kwon Seong-taek, Chairman of the Korea-Vietnam Economic and Cultural Association, and Yang Kyu-hyun, Publisher and President of Economic Daily, among other prominent figures from various sectors.

 

A distinguishing feature of this event was the significant participation of young Vietnamese entrepreneurs. These future leaders of economic cooperation gathered for active exchanges, sketching out a blueprint for the future of bilateral economic cooperation. In a cordial atmosphere, participants shared their business experiences and explored new cooperation plans, creating a venue for substantive networking.

 

A BAVIK official stated, "This New Year event was more than just a social gathering; it was a valuable opportunity for business leaders from both countries to discuss practical cooperation measures," adding, "The prominent participation of young entrepreneurs in particular confirmed the bright future of Korea-Vietnam economic cooperation."

 

 

BAVIK is an organization established to promote exchanges and cooperation among Vietnamese businesspeople in Korea and to strengthen economic cooperation between Korea and Vietnam, contributing to the economic development of both countries. This year, the organization plans to actively advance the development of bilateral relations through various economic exchange events and cooperation programs.

(translated by AI, edited by David Kendall)