Vietnamese group opens representative office in Israel

Khanh Khanh

Jun 21, 2022 / 04:59 PM

The establishment of a representative office of CT Group, the first representative office among Vietnamese corporations in Israel.

Vietnamese CT Group opened its representative office in Israel to promote cooperation with the high-tech and innovation market of the host country.

The opening ceremony sees two memoranda of understanding signed between C.T Group and Israeli groups. Photo: TTXVN

Speaking at the opening ceremony, Tran Kim Chung, Chairman of CT Group, said the establishment of the representative office in Israel is very important, affirming the group's strategy to innovate its business investment model, giving priority to the development of high-tech industries to catch up with the fast growth of the scientific and technological revolution in the world.

The event also witnessed the signing ceremony of two memoranda of understanding (MOU) between VGCT, a member of CT Group, and OBCT-CD24, an Israeli company specializing in scientific solutions for the treatment of lung disease, and between CT Group and Falcon on the application of new technology in construction.

Le Thai Hoa, Vietnamese Trade Counselor in Israel, told Vietnam News Agency that the economic and trade cooperation relationship between Vietnam and Israel is on the rise. The two sides are actively negotiating a bilateral free trade agreement, in order to create a more favorable legal framework for business, investment and service cooperation activities.

He expected CT Group’s pioneering role in opening a representative office in Israel will create an impetus for more Vietnamese businesses to continue to establish a direct presence in the Israeli market in order to seek new cooperation opportunities and make an important contribution to promoting economic, trade, investment and technological cooperation between Vietnam and Israel.

The group is a multi-industry investment and business conglomerate with 50 member units operating in the fields of construction and urban development.

In recent years, it has invested in many high-tech industries such as biology (biotech), finance (fintech), and flytech.

Overseas Vietnamese expected to promote brands abroad

21 Apr, 10:01

The overseas Vietnamese community has played an important role in the country's trade and product promotion activities.

Vietnam posts five-year high FDI disbursement as investor confidence strengthens nationwide 2025

Despite global economic and geopolitical headwinds, foreign capital flows into Vietnam accelerated in 2025, with investment increasingly concentrated in high value-added sectors, highlighting the country’s growing appeal as a stable, long-term destination for investors.

16 Dec, 10:12 PM

VN-Index set for 2,200-mark next year: JP Morgan

Vietnam’s appeal goes beyond the upgrade, driven by major economic reforms that are lifting business and consumer confidence, as well as improving profit prospects over the next three to five years.

16 Dec, 03:35 PM

Vietnam to launch smart agriculture innovation center in Lang Son

The center is expected to bridge gaps in technology testing, connect farmers with researchers and markets and accelerate sustainable, high-tech agricultural development nationwide.

15 Dec, 07:28 PM

Hanoi urged to train 100,000 digital engineers through online academy

The Capital Strategic Technology Development Forum gathered a wide range of proposals from businesses, experts and investors on how Hanoi should shape its deep-tech development agenda in the coming decades with a long-term vision to 2045.

15 Dec, 07:16 PM

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Open innovation is becoming a cornerstone of Vietnam’s development strategy, as policymakers, experts and international partners emphasize people-centered collaboration to tackle inequality, climate change and urbanization through inclusive, technology-driven solutions showcased at TECHFEST Vietnam 2025.

14 Dec, 02:17 AM