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Trade Promotion: 2024 K-MATERIAL PART EQUIPMENT BUSINESS ROUNDTABLE IN VIETNAM
The 2024 K-MATERIAL PART EQUIPMENT BUSINESS ROUNDTABLE IN VIETNAM was held successfully on November 12 and 13, 2024 at Saigon Prince. It is a trade promotion event jointly hosted by the Korea Carbon and Nano Industry Association (KCANIA) and Bizwell.
Korea-Vietnam Trade Promotion Event
This is a B2B matching event where Korean companies related to plastic beads, rubber, adhesives, chemicals, nano materials, etc., which are applied to electronics, medical, automotive materials, lubricants, etc., participated. This event opened up opportunities for connections and exchanges between Vietnamese and Korean companies, thereby opening up potential cooperation and export opportunities between the two sides
In particular, cooperation and trade promotion between Korea and Vietnam in the field of materials technology are actively taking place through B2B trade events. This is an ideal opportunity for Vietnamese companies to access cutting-edge technologies and learn more about new material solutions, while building a network of partners and expanding their markets.
Korean companies participating in 2024 K-Material Part Equipment Business Roundtable in Vietnam
JIN KWANG: manufacture topcoats (adhesives) for automotive interiors. JIN KWANG is a leading company in adhesives and primers for automotive interiors, and provide automotive interior and exterior solutions that meet global environmental standards.
ACE&E: Acrylic Resin & Adhesive: Core Competence; Waterborne & Functional Resin & Adhesive: Potential Business (2025)
DAEHAN POLYCHEM: foam rubber sponge manufacturing company. EPDM is a type of synthetic rubber that can be used for various purposes. It is classified as an M-Class rubber, where the ‘M’in M-Class refers to the classification according to the ASTM D-1418 standard.
ALTOCHEM: a company who makes Synthetic orthopedic casting tape & splint. Especially, not only manufacturing synthetic orthopedic casting tape & splint, also we have been supplying all the materials, production lines and techniques to other manufacturers as a total service.
NANO BRIDGE: provides Nano Carbon Materials which make electronic devices COOLER AND FASTER. Applications: Energy Storage & Conversion Systems, Advanced Electronic Devices, Electric Vehicle, Printed Electronics, etc.
LIGNUM: Lignum’s innovative technology converts lignocellulosic biomass into Biofillers through chemical and physical process in a cost-competitive way. Lignum’s bioplastic materials are widely applied in the manufacture of consumer products, making contributions to reducing carbon footprint and sustainable development.
DAESUNG METAL: Research and development of Automotive/electronic bonding and heat dissipation materials.
CNT SOLUTION: the company that manufactures functional polymer composite materials essential to all industries by synthesizing CNT, a creative material, with polymers and other materials, and possessing the excellent electrical, mechanical, thermal, and chemical properties of CNT. It is applied to global industries such as automobiles, hydrogen generation systems, military stealth, secondary batteries, and semiconductors.
DAESONG FINE CHEMICAL:the only rust prevention additive manufacturer in Korea, aiming to become a leading chemical materials company through the development of eco-friendly additives. It operates in the fields of metalworking oil additives, machinery chemical products, and precision chemicals.
Achievements achieved through the 2024
K-Material Part Equipment Business Roundtable in Vietnam
The event saw nearly 70 B2B meeting with a total contract value of up to US$16 million. During the event, two Memorandums of Understanding (MOUs) on cooperation were signed, opening up opportunities for long-term cooperation. These figures partially demonstrated the growing potential for trade cooperation between the two markets of Vietnam and Korea..
Side Activities of 2024 K-Material Part Equipment Business Roundtable in Vietnam
Visiting Vietnamese institutions and companies
As part of the 2024 K-Material Part Equipment Business Roundtable in Vietnam held recently, Korean companies visited Vietnamese institutions and enterprises. This is a good opportunity for Korean companies to better understand market demands and ways to cooperate in the long term. The on-site visit helped both sides gain deeper insight into future cooperation opportunities.
In addition, the delegation of the Korea Carbon Nano Industry Association (KCANIA) visited the Institute for Nanotechnology (INT). At this meeting, the association received a warm welcome from the Institute for Nanotechnology. This meeting provided an opportunity to learn more about the potential of both countries and opened up another opportunity for cooperation in education, investment, and carbon nanotechnology development between the two countries.
Visiting Korean institutions and companies
The Korea Carbon and Nano Industry Association (KCANIA) also visited the KOTRA and Samyang Corporation.
Through this tour, the Korean side not only learned about the Vietnamese market, but also had more opportunities to learn about Samyang Corporation, one of the representative companies in the Korean chemical and material industry. This is a valuable opportunity for Korean companies to better understand Samyang’s production process, advanced technology, and effective management methods.
Based on the experience accumulated since 2013, Bizwell hopes to become a strong bridgehead for Korean and Vietnamese companies and contribute to the promotion of trade cooperation between Korea and Vietnam.