President hosts Korea Enterprises Federation Chairman
President Vo Van Thuong gave a reception in Hanoi on June 23 for Chairman of the Korea Enterprises Federation (KEF) and Chairman of CJ Group Sohn Kyung Shik, during which the host said Vietnam supports CJ Group and Korean corporations and businesses to invest and expand their operations in the country in areas of their strength and Vietnam’s demand.
President Vo Van Thuong (R) and Chairman of the Korea Enterprises Federation Sohn Kyung Shik (Photo: VNA)
Hanoi (VNA) – President Vo Van Thuong gave a reception in Hanoi on June 23 for Chairman of the Korea Enterprises Federation (KEF) and Chairman of CJ Group Sohn Kyung Shik, during which the host said Vietnam supports CJ Group and Korean corporations and businesses to invest and expand their operations in the country in areas of their strength and Vietnam’s demand.
The President welcomed Sohn and the business delegation accompanying President of the Republic of Korea (RoK) Yoon Suk Yeol on their State visit to Vietnam.
He emphasised that the focal point of the Vietnam-RoK cooperation lies in the areas of economy, trade and investment. The significant presence of Korean enterprises in Vietnam signifies the strong potential of bilateral cooperation in these fields.
Sohn, for his part, hailed Vietnam as a promising destination for Korean investors. He said there are over 200 corporations and businesses accompanying the RoK President in the visit to seek investment opportunities.
He added that in Vietnam, CJ is investing in food processing, livestock farming, and logistics. It also plans to expand into production of veterinary drugs in the country. As a leading conglomerate in the cultural and entertainment industry in the RoK, CJ aims to invest in the development of the cultural industry, including film production in Vietnam. Additionally, CJ has plans to expand the production and processing of food products, making Vietnam a production hub for CJ's food exports to major markets in the region and worldwide.
President Thuong affirmed animal husbandry, food processing and logistics are priority and promising areas in Vietnam in the future.
Informing the guest about the outcomes of his successful talks with RoK President Yoon, Thuong said both sides reached consensus on bolstering bilateral trade and investment collaboration as these areas still hold great potential.
Agreeing with CJ's expansion of investment in culture and entertainment in Vietnam, the President believed that Korean culture, especially music and film, shares similarities with that of Vietnam.
Vietnam always strives to improve investment environment and offer all possible support to Korean investors to do business in the country, he said.
🌺 He wished that Korean business leaders would further enhance trade promotion activities, leading to increased Korean investment in Vietnam in the future./.
The International Contractors Association of the Republic of Korea (RoK) (ICAK) and the Vietnam Association of Construction Contractors (VACC) signed a memorandum of understanding on June 22, during an ongoing State visit by President of the RoK Yoon Suk Yeol.
The State Agency for Technology Innovation (SATI) under the Ministry of Science and Technology on June 22 signed a Memorandum of Understanding (MoU) on strategic cooperation in advanced technology development with the Korea Evaluation Institute of Industrial Technology (KEIT).
Deputy Prime Minister Le Minh Khai on June 22 said that economic cooperation has continued to be a bright spot in relations between Vietnam and the Republic of Korea (RoK), which is once again proved by a large number of Korean businesses that are visiting the country, attending a business forum and signing cooperation agreements during the State visit to Vietnam by President Yoon Suk Yeol.
An expert of the Republic of Korea (RoK) has expressed his optimism about the future of the RoK - Vietnam relations, and said the ongoing State visit by his country’s President Yoon Suk Yeol could probably provide a catalyst for the future progress of bilateral relations.
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Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
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Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
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The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
President Vo Van Thuong (R) and Chairman of the Korea Enterprises Federation Sohn Kyung Shik (Photo: VNA) 
