(Chinhphu.vn) – As part of the state visit to Korea, on the afternoon of August 12, General Secretary To Lam and the high-level Vietnamese delegation met with leaders, chairpersons and general directors of leading Korean groups that have invested, are investing or plan to invest in Vietnam.
General Secretary To Lam speaks at the meeting.
In his introductory remarks, Minister of Finance Nguyen Van Thang stressed that the meeting not only demonstrated the stature and strategic depth of Vietnam–Korea relations, but also opened practical and breakthrough cooperation opportunities as the world entered a period of profound transformation in technology, energy, supply chains and sustainable development.
Minister Nguyen Van Thang said Vietnam and Korea were closely connected economies with complementary structures, mutual support, trust and strategic reciprocity. Over the years, enterprises, especially major Korean groups, had made important contributions to Vietnam’s modernisation, industrialisation and digital transformation. At the same time, Vietnam had become a leading important market, strategic production base and innovation partner for many Korean groups.
Minister of Finance Nguyen Van Thang speaks.
Appreciating the pioneering role, technological capacity and global vision of the groups, including many world-leading enterprises in semiconductors, clean energy, digital finance, biotechnology, logistics and creative culture, Minister Nguyen Van Thang expressed confidence that with the active participation of leading groups, enterprises and organisations and support from the two governments, the two sides would create effective, sustainable and breakthrough cooperation models. The Ministry of Finance committed to working with ministries, sectors and localities to accompany and facilitate successful investment and business cooperation between Korean and Vietnamese enterprises, contributing to sustainable values and deeper shared interests and prosperity for both sides.
At the meeting, group leaders exchanged views frankly, shared their vision and developed new cooperation models suited to the two countries’ development needs in the new period, including technology transfer and support for small and medium-sized enterprises in supply chains; training high-tech human resources, particularly in semiconductors, AI and blockchain; cooperation in strategic infrastructure such as liquefied natural gas (LNG), high-speed rail and new energy; promoting biotechnology in green production, the circular economy and emissions reduction; and exploring cooperation in cultural industries, logistics and the digital economy.
General Secretary To Lam meets leaders of several major Korean groups.
Representatives of Posco, Hyundai Motor, GS, HD Hyundai, Hyosung, Samsung Electronics, LG Display, Daewoo E&C and Lotte shared results of investment cooperation and investment and business plans in industry, energy, technology, services and infrastructure in Vietnam, promising to promote projects in energy, nuclear power, rare earths, urban areas and commercial centres.
Enterprise representatives assessed Vietnam’s development vision and innovation policies for socio-economic development and committed to accompanying Vietnamese enterprises for mutual development. Many opinions called for continued support and a favourable business environment for more effective investment and business, contributing to Vietnam’s economic development.
After listening to the opinions, General Secretary To Lam acknowledged and highly valued the sincere cooperation, strategic vision and strong confidence of Korean enterprises in the development prospects of Vietnam–Korea relations. The proposals not only demonstrated long-term commitment to the Vietnamese and regional markets, but also opened new areas of cooperation suited to development trends and the strategic interests of both countries.
The General Secretary said Vietnam was facing major opportunities for national development and was concentrating resources to seize them, and therefore wished to cooperate with Korean groups and enterprises. Vietnam had implemented policies to streamline the apparatus, reduce administrative procedures, resolve institutional obstacles and create a favourable investment and business environment. It was also focusing resources on strategic infrastructure such as transport and energy, developing finance, banking and digital financial markets, and increasing the science and technology content of economic projects.
General Secretary To Lam meets leaders of several major Korean groups.
The General Secretary expressed appreciation for the contributions of major Korean groups to Vietnam’s economy and wished Korean groups and enterprises to continue investment and business cooperation and expand their markets in Vietnam.
He highly valued proposals to support Vietnamese enterprises in participating more deeply in global supply chains; affirmed that Vietnam was ready to be an important gateway for Korean enterprises to enter Southeast Asian markets; and welcomed Korean enterprises with experience and advanced technology to participate more deeply in energy transformation and the modernisation of national infrastructure.
The General Secretary stressed that Vietnam and Korea were facing new, deeper, more comprehensive and more strategic cooperation opportunities. He expressed confidence that, with a foundation of political trust, economic complementarity and a shared aspiration for sustainable development, enterprises from the two countries would lead Vietnam–Korea relations to new heights.
The General Secretary affirmed that Vietnam always supports and accompanies Korean enterprises and is committed to creating an increasingly fair, transparent, stable and favourable investment environment. The two sides will cultivate trust, overcome challenges, share development achievements and create a new era of Vietnam–Korea cooperation together.
Source: Government News