#1 FDI into Vietnam is Korea. #2 Import into Vietnam is Korea. #3 Export from Korea is Vietnam. These statistics tell the present economic relations between Vietnam and Korea. Two countries are getting closer day by day and the volume of trade will be larger day by day.

However, it is a minor part of the successful business statistics for small and medium enterprises to occupy in these statistics because there are many hurdles for SMEs to be successful in doing business between Vietnam and Korea. Generally, SME's less resources than big enterprises in financial and manpower aspects, make them less effective and efficient in conducting research on accounting/tax/financial/legal system, market study & development, finding the right partners, successful export & import, and FDI execution.

To put it the other way round, if SMEs can be provided with a solution that can overcome the hurdles that they are to face on the way to the Vietnamese market, more probability of success will be there for SMEs on the way to the Vietnamese market.

GIB is here to provide SMEs with the solution of one stop service from A to Z as below
- accounting/tax/financial/legal service through its partners, which are Vietnamese global accounting firms with 60 professional staffs and 10 year history in Vietnam
- market research/study/development utilizing network and experience accumulated
- finding the right partners and the right marketing channels through the network in various industries in Vietnam and in Korea
- FDI service from A to Z; IRC/ERC, land for factory location, construction approval, tax/legal administration, work permit, visa, temporary residence card, etc.

GIB will provide SMEs with its global network to ensure they can have multi national business opportunity not only in one country but also in neighboring countries for synergy effect.
- network in Vietnam: Headquarters in Hochiminh city and branch offices in Hanoi, Nha Trang, and Can Tho
- network in the world: Korea, Cambodia, Myanmar, Laos, Japan, China

Our business is primarily based on the major manufacturing industries and the organic connection among our major business. The line of our trade business are as below:
- Oil & Gas Industry
- Electronic & Electrical Industry
- Mechanical Industry
- Infra & Plant Industry
- Agricultural & Fisheries Industry
- Convergence among the existing business for the new business creation

Vietnam is one of the most promising emerging countries, where manufacturing is growing day by day. Korea is one of the world class industrial countries and has advanced technologies. There are a variety of business opportunities between two countries for mutual success on the basis of complementary relations. Various government and public side enterprises in Vietnam and Korea purchase products and services from qualified suppliers through tenders to ensure transparency and fair competition. In the same way, various manufacturers and technology providers endeavor to be successful at tenders.

However, several obstacles including lack of knowledge in procedures and documentations, different quality policy, lack of access to notice information, language, and communication ways, make the procurement business more and more complicated and difficult to those who wish to be successful in the procurement business. This fundamental nature of the procurement business is the reason why the procurement business is one of the core business of GIB.

The key to the successful procurement business is the extensive network in the public sectors and technical knowledge in the various industries, which is the core competitiveness of GIB. GIB know how to merge the two core essences to win the game. GIB ensures to provide the best solution for the entire procedures of the procurement business including the below major ones.

- vendor registration
- access to the tender notice list
- invitation to tender
- required documentation
- cost analysis
- full support during tender process
- win-win negotiation
- contract
- successful completion of the procurement mission

The project implementation consists of several factors; project search and selection, winning strategy development, competitive price creation and quality requirement satisfaction, contract management, and successful completion. In implementing the project business, there are two ways (1) the company makes use of its internal resource of manpower and network in case of having competitive internal resource (2) the company makes use of external resource including specialists and consultants in case of not having competitive internal resource. GIB is here to help the company in need of the external resource because GIB is able to provide them with one stop solution from A to Z.

The competitiveness of GIB comes from our identity of being an authentic Vietnamese enterprise teaming up with Vietnamese professionals full of experience and network in Vietnam and Korean professionals in technology. The key to the successful project implementation lies in how well to understand local system and practice from local's perspective. GIB will walk with you all the way to the success of the project during the below major steps.

- we will search the projects for you and help you select the right one
- we will show you how to win the project and work with you to make the customized winning strategy
- we will help you make the best price for your quotation while meeting the quality requirement
- we will guide you to make the best contract conditions which ensure your profitability and risk management
- we will walk with you hand in hand until the successful completion
- we will act as your representative office

Do you plan to establish FDI in Vietnam? Then, please come to GIB for one stop service solution that will allow you to save money and time. GIB will provide you with the best service on the basis of our in-depth experience, one stop service from accounting/audit/tax to legal matter, no burden on document preparation, and bilateral communication channel, by making the best of our network in Vietnam and in Korea. Our one stop service solution will be going through the below activities.

1. Exploring service
- market research & study
- feasibility study
- tax/legal briefing
- factory location search

2. Establishing service
- verify the availability of business name and registration
- preparation of necessary documents
- IRC/ERC
- work permit, visa, and temporary residence card
- assist the opening of bank account

3. Real estate service
- selection of factory location
- land license
- approval for construction
- related administrative and document service

4. Financial service
- accounting/tax/audit/legal service
- transfer pricing service
- loan arrangement from bank
- financial consulting

5. Other service

Our valued partners/customers! Welcome aboard to our business tourism!

"A frog in the well knows nothing of the great ocean" You have been tied up with schedule, responsibility, and decision making inside your company, which tied you up to your internal management without bench marking opportunity by seeing new and advanced business in other countries. Furthermore, you could not find a time to spend more time with your family. How about changing your mindset? You can get these two fruits by carrying out business tourism. Our suggestion is "killing two birds with one stone", that is, combining business activities with tourism.

In business, the more you are exposed to new and advanced idea, the higher your innovation chance will be. In tourism, the more leisure time with your family, the happier family life you maintain. GIB will provide you with the solution by arranging your business trip to your potential partners in Vietnam, Korea, and other countries who wish to exchange business perspective with you for mutual development while arranging your leisure trip with your family at the same time.

Unlike the regular and common tourism, business tourism is a more limited and focused tourism for those who are high level decision makers and more wealthy than average leisure tourists. During business tourism, you are still working and creating business chance and are having a pleasant family tour visiting here and there of the country. Business tourism can be divided into primary and secondary activities. Primary one is business related activities such as meeting with clients, visiting factories, attending conferences and exhibitions. Secondary one is leisure related activities such as sightseeing, recreation, dining out, shopping, and so on. While primary one is regarded as more important, secondary one is nonetheless often described as "substantial".

- we will search the right partners for your business chance and arrange meetings with them, and arrange everything to meet any request from you.
- we will provide you with one stop service for your travel including visa, flight, accommodation, cars, dining, shopping, sightseeing, leisure activities, and so on.