• An Giang
  • Binh Duong
  • Binh Phuoc
  • Binh Thuan
  • Binh Dinh
  • Bac Lieu
  • Bac Giang
  • Bac Kan
  • Bac Ninh
  • Ben Tre
  • Cao Bang
  • Ca Mau
  • Can Tho
  • Dien Bien
  • Da Nang
  • Da Lat
  • Dak Lak
  • Dak Nong
  • Dong Nai
  • Dong Thap
  • Gia Lai
  • Ha Noi
  • Ho Chi Minh
  • Ha Giang
  • Ha Nam
  • Ha Tinh
  • Hoa Binh
  • Hung Yen
  • Hai Duong
  • Hai Phong
  • Hau Giang
  • Khanh Hoa
  • Kien Giang
  • Kon Tum
  • Lai Chau
  • Long An
  • Lao Cai
  • Lam Dong
  • Lang Son
  • Nam Dinh
  • Nghe An
  • Ninh Binh
  • Ninh Thuan
  • Phu Tho
  • Phu Yen
  • Quang Binh
  • Quang Nam
  • Quang Ngai
  • Quang Ninh
  • Quang Tri
  • Soc Trang
  • Son La
  • Thanh Hoa
  • Thai Binh
  • Thai Nguyen
  • Thua Thien Hue
  • Tien Giang
  • Tra Vinh
  • Tuyen Quang
  • Tay Ninh
  • Vinh Long
  • Vinh Phuc
  • Vung Tau
  • Yen Bai

Gov’t chief receives Korean businessmen

VGP - Prime Minister Pham Minh Chinh hosted separate receptions for Hyosung Chairman Cho Hyun-joon and Lotte President Shin Dong-bin in Seoul on Monday as part of his ongoing official visit to South Korea.

July 01, 2024 5:52 PM GMT+7
Gov’t chief receives Korean businessmen- Ảnh 1.

Prime Minister Pham Minh Chinh (R) and Hyosung Chairman Cho Hyun-joon, Seoul, July 1, 2024 - Photo: VGP/Nhat Bac

Chairman Cho Hyun-joon said that Hyosung has already envisaged the future of Hyosung in Viet Nam in the next 100 years which will include setting up its Data Centers with modern technologies in Ho Chi Minh City

Prime Minister Pham spoke highly of the performance of Hyosung Group in industry, construction, trade, IT, biology and its social responsibility in Viet Nam.

He affirmed that the Vietnamese Government will create favorable conditions for the operation of foreign investors, including Hyosung, in the Southeast Asian nation.

Since 2007, Hyosung has invested nearly US$5.1 billion in Viet Nam, creating around 9,000 jobs, and earning US$3.5 billion in revenue in 2023.

In the coming time, the Korean business giant will focus on major sectors including Hydrogen production, environmentally friendly projects (recycling of raw materials, using environmentally friendly raw materials), carbon fiber, data centers, bio-products, electric vehicle (EV) tires, Gas power cut system (GIS), electric storage system (ESS), and smart urban.

Gov’t chief receives Korean businessmen- Ảnh 2.

Prime Minister Pham Minh Chinh (R) shakes hands with Lotte Chairman Shin Dong-bin, Seoul, July 1, 2024 - Photo: VGP/Nhat Bac

During a reception for Lotte Chairman Shin Dong-bin, Prime Minister Pham highly valued the group's operation in Viet Nam and expected that Lotte would expand its investment, especially in such areas as smart urban development and tourism.

Mr. Pham stressed that the Vietnamese Government pledges to stand by Lotte to develop large-scale projects in Viet Nam.

In reply, Chairman Shin Dong-bin was convinced that the Vietnamese economy will continue to develop vigorously.

Lotte started investing in Viet Nam in 1996 with total investment capital of $6.7 billion. It has developed an eco-smart city in Thu Thiem since September 2022 and operated Lotte Mall Westlake in Ha Noi./.