NA Chairman calls for more investments from Republic of Korea
National Assembly Chairman Vuong Dinh Hue called on Korean enterprises to invest more in Vietnam during his separate receptions for leaders of several businesses on December 13, as part of his official visit to the Republic of Korea (RoK).
National Assembly Chairman Vuong Dinh Hue (R) receives Hanwha Energy CEO Jung In-sub. (Photo: VNA)
Seoul (VNA) – National Assembly Chairman Vuong Dinh Hue called onKorean enterprises to invest more in Vietnam during his separate receptionsfor leaders of several businesses on December 13, as part of his official visitto the Republic of Korea (RoK).
Receiving Hanwha Energy CEO Jung In-sub, Hue appreciated thegroup’s effective activities in Vietnam, proposing it expandinvestments in the fields it has strengths, including helping Vietnam useenergy sustainably.
Jung shared that the group plans to start construction of the Hai Lang liquefied natural gas (LNG) project in Vietnam in 2026, duringwhich Hanwha commits to transferring technologies to Vietnam.
Hanwha Energy will carry out several projects in Vietnam inthe time to come, notably Hai Lang LNG Power Centre with a registeredinvestment of 2.3 billion USD, and a designed capacity of 1,500MW, and Ca NaLNG Power Centre (2.2 billion USD, 1,500MW).
Receiving Daewoo Engineering & Construction (E&C)President and CEO Kim Hyung, the Vietnamese top legislator suggested Daewoo E&Ccontinue expanding investment and helping Vietnam in smart urban operation andmanagement towards sustainable cooperation and development.
Daewoo E&C, a subsidiary of Daewoo Group, is the firstconstruction company of the RoK to establish a branch in Vietnam with a totalinvestment of 1.3 billion USD.
Hosting Lee Dong-Gull, Chairman and CEO of Korea DevelopmentBank (KDB), NA Chairman Hue spoke highly of the bank’s positive contributionsto Vietnam, proposing it strengthen cooperation with Vietnam’s commercial banksand participate more actively in the country’s banking system restructuring.
He also asked KDB to soon open its branch in Hanoi as agreedin a memorandum of understanding signed between the two countries’ Deputy PrimeMinisters two years ago./.
The Vietnam Meteorological and Hydrological Administration (VNMHA) and the Korea Meteorological Administration (KMA) sought to enhance strategic cooperation between the two countries in meteorology during their 6th bilateral meeting held via videoconference on December 7.
Chairman of the Vietnamese National Assembly Vuong Dinh Hue will pay an official visit to the Republic of Korea (RoK) from December 12 at the invitation of Speaker of the Korean NA Park Byeong-seug.
Chairman of the National Assembly Vuong Dinh Hue and a high-ranking delegation of the Vietnamese legislature arrived at Incheon International Airport in Seoul on December 12 afternoon, beginning their official visit to the Republic of Korea (RoK) at the invitation of Speaker of the Korean NA Park Byeong-seug.
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National Assembly Chairman Vuong Dinh Hue (R) receives Hanwha Energy CEO Jung In-sub. (Photo: VNA) 
