The Party, State, National Assembly, and Government of Vietnam always support and create a favourable legal framework for investment, production, and business activities of enterprises from the Republic of Korea (RoK), including the Samsung Group, NA Chairman Tran Thanh Man said while receiving General Director of Samsung Vietnam Choi Joo Ho in Hanoi on December 12.
Projects implemented by the Samsung Group of the Republic of Korea (RoK) in Vietnam have contributed to shifting economic structure, promoting exports, developing supporting industry, and generating jobs in the country, National Assembly (NA) Chairman Vuong Dinh Hue told Chief Financial Officer (CFO) of Samsung Park Hark Kyu in a meeting on November 1.
Politburo member, Director of the Ho Chi Minh National Academy of Politics and Chairman of the Central Theory Council Nguyen Xuan Thang is leading a Vietnamese Party delegation to the Republic of Korea (RoK) from October 11-15 for a working trip.
In an effort to develop hi-tech skills for the young Vietnamese generation, Samsung Vietnam has relentlessly made efforts to hold training courses for more than 6,000 students over the past five years.
Vietnam is expected to become a new production hub of the world, as “Made in Vietnam” products are winning larger shares in the international market, according to Russia's Sputnik news agency.
Ho Chi Minh City hopes the Republic of Korea-based Samsung Group would open a research and development centre in the city to take advantage of its skilled human resources, said a local official.
The northern mountainous province of Thai Nguyen has attracted 62 projects with total registered capital of about 113.5 trillion VND (4.8 billion USD) since it hosted the investment promotion conference last July.
Prime Minister Nguyen Xuan Phuc received Vice Chairman of Samsung Group Lee Jae-yong in Hanoi on October 30, asking the Republic of Korea-based firm to expand investment and turn Vietnam into its largest production hub.
With 131 operating foreign direct investment (FDI) projects valued at 7.29 billion USD, Thai Nguyen province has become one of the leading destinations for foreign investors in the northern mountainous region.
External affairs have played an important role in socio-economic development, investment attraction and international integration of localities, agreed participants at the 19th National Conference on External Affairs that took place in Hanoi on August 12.
