VN: Attractive destination of affluent and talented Koreans
10:59 | 28/11/2019

VGP – Viet Nam has become an attractive destination of affluent and talented Koreans, said PM Nguyen Xuan Phuc. 

PM Nguyen Xuan Phuc (2nd from L)

PM Phuc made the point at a seminar with leading groups of RoK which specialize in heavy industries, construction, finance, banking, auxiliary industry, and household electronics on November 28 in Seoul. 

The event was jointly held by the Ministry of Planning and Investment, K&C, and Korean groups such as CJ, Lotte, Hyundai, Hana, Hanwha, Hyosun, LG…

Mr. Han Deok-su, a consultant from K&C who was a Korean former PM said that Viet Nam and the RoK have opened the doors widely. Leaders of the two countries have maintained regular contacts. He expected that the official visit of PM Phuc would open up opportunities for RoK’s investors to expand their footholds in Viet Nam. 

Addressing the event, PM Phuc expected that RoK enterprises would make an investment miracle in Viet Nam, serving to raise two-way trade turnover to US$ 100 billion by 2020 for even a higher figure. 

According to PM Phuc, the overseas Korean community in Viet Nam is likely the largest of this kind in Asia. So far, Viet Nam has become an attractive destination for Korean investors. On the other hand, Vietnamese families use at least one product from the RoK like Samsung mobile phones, washing machines, LG air conditioners, and Korean cosmetics and clothes. 

According to PM Phuc, Viet Nam has attracted a large number of rich and talented Koreans. Samsung, LG, Huyndai, KIA, and Lotte have done successful business here. 

Hence, the PM was convinced that famous investors and business groups from the RoK would make important contributions to the bilateral ties. 

In reply, Korean groups praised Viet Nam’s development and expressed their aspiration to expand business operation in Viet Nam./.  

By Kim Anh  

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