(VOVworld) - Vietnam’s Small- and Medium-sized Enterprise Development Fund (SMEDF) will work with the Korea Small and Medium Business Corporation (SBC) to promote the development of SMEs and help them find partners in both countries.

Ceremony to sign MoU between Vietnam’s Small- and Medium-sized Enterprise Development Fund and the Korea Small and Medium Business Corporation (Photo: VNA)

Under a Memorandum of Understanding signed in Hanoi on Tuesday, the two funds will exchange information about business support policies and assist each other in conducting surveys. The MoU will help foster the development of small and medium-sized enterprises in Vietnam and South Korea.