RoK corporation shares ways to operate online auction system with HCM City
The Korea Asset Management Corporation (KAMCO) announced on November 16 that it has transferred the operation technology of its OnBid – an online auction system – to Ho Chi Minh City.
OnBid training workshop for Ho Chi Minh City (Photo: )
Seoul (VNA) – The Korea Asset Management Corporation (KAMCO)announced on November 16 that it has transferred the operation technology of its OnBid– an online auction system – to Ho Chi Minh City.
Onbid is the first online public auction platform in theRepublic of Korea developed by KAMCO in 2002 to handle public propertyefficiently. KAMCO also discussed measures to install and operate the system inHo Chi Minh City.
KAMCO CEO Kwon Nam-joo said the company has recently organised an OnBidtraining workshop for Ho Chi Minh City’s officials at the headquarters of theBusan International Financial Centre to promote the establishment and operationof the online auction system in the Vietnamese city.
In this training course, KAMCO shared experience in the operationof the system as well as specific cases such as the settlement process andonline auction institution, and the structure, main tasks and business modelsof the system./.
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OnBid training workshop for Ho Chi Minh City (Photo: ) 
