Attending the Signing Ceremony, on VKIST side, there were Mr. Vu Duc Loi – VKIST Vice President, Mr. Phuong Thien Thuong - VKIST Vice President, along with the Division Heads and researchers of VKIST. On the side of Hyundai Aluminum, there was the attendance of Mr. Park Do Bong - Chairman of ALUKO Group; Mr. Jeong Ji Beom - Deputy General Director of Hyundai Aluminum; and Mr. Han Hee Young - Deputy General Director of Hyundai Aluminum.
Overview of the Signing Ceremony
At the ceremony, Mr. Vu Duc Loi - Vice President of VKIST sent greetings and thanks to ALUKO Group as well as Hyundai Aluminum for choosing VKIST as a strategic partner and accompanying VKIST during the past period. Since officially put into operation, VKIST has always focused on strengthening research cooperation with institutes, universities and enterprises in a number of key research fields, in line with the development orientations of both sides.
Mr. Vu Duc Loi - Vice President of VKIST spoke at the Contract Signing Ceremony
On May 20, 2022, along with the milestone marking the 5-year journey of VKIST’s development, VKIST and Hyundai Aluminum signed a Memorandum of Understanding (MoU) on strategic cooperation in promoting scientific research activities. Both sides have agreed to promote cooperation in research, development and commercialization of natural products, especially in implementing joint research related to developing products from natural herbs of Vietnam and Korea for life-care and healthcare. This is a remarkable milestone laying a solid foundation for further strategic cooperation between VKIST and Hyundai Aluminum in the future.
Following the signed MoU, both sides have agreed to take a further step by signing a contract promoting the cooperation on research and development activities. On that basis, VKIST and Hyundai Aluminum will jointly implement research on healthcare products containing ginseng and other medicinal ingredients.
VKIST and Hyundai Aluminum signed a contract promoting the cooperation on research and development activities
The signing ceremony ended successfully. The contract signing event has greatly contributed to leverage the strategic cooperation relationship between VKIST and Hyundai Aluminum as well as open more opportunities for further cooperation and mutual development of both sides in the future.
Mr. Park Do Bong – Chairman of the ALUKO Group spoke at the ceremony
|
“Hyundai Aluminum VINA Joint Stock Company is a legal entity in Vietnam of the Aluko Group. Established in 1956, Aluko Group is doing globalization by expanding investment in many countries around the world. In Vietnam, Hyundai Aluminum Vina was established in 2006 and has been operating in the Vietnamese market for 17 years with more than 5000 employees and 3 large factories across the country. Within 17 years of operation in many industries, the company has determined their leading products as aluminum-related products and electronic components. With the motto "Technology makes a prosperous life", in recent years, Hyundai Aluminum is promoting research and development activities and actively looking for cooperative opportunities to carry out joint research projects related to developing products from natural herbs of Vietnam and Korea for life-care and healthcare. We reckon VKIST is a potential partner of Hyundai Aluminum VINA in the field of modernizing traditional medicine to increase their effectiveness and convenience as well as developing functional foods, cosmetics and health care products from Vietnamese herbs. I believe that our products will have a foothold in the market of healthcare products from Vietnamese herbs”, shared Mr. Park Do Bong - Chairman of ALUKO Group. |
