Deputy PM receives CEO of Lotte Asset Development

Deputy Prime Minister Trinh Dinh Dung affirmed that the Vietnamese Government offers all possible support to investors, during a reception in Hanoi on September 23 for CEO of Lotte Asset Development Lee Kwang Young.

Deputy Prime Minister Trinh Dinh Dung (right) and CEO of Lotte Asset Development Lee Kwang Young (Photo: VGP)
Deputy Prime Minister Trinh Dinh Dung (right) and CEO of Lotte Asset Development Lee Kwang Young (Photo: VGP)

Deputy PM Dung said the RoK now leads countries and territories investing in Vietnam, and the Vietnamese community in the RoK and the RoK community in Vietnam are making important contributions to each country’s socio-economic development.

He spoke highly of Lotte’s business operations in Vietnam with the first presence in 1996, saying that the group has helped promote the shipment of Vietnamese farm produce to the RoK and other countries.

The host also lauded Lotte’s active involvement in social welfare programmes, proving its social responsibility.

According to him, Vietnam is encouraging enterprises to expand investment in new areas, especially in transport infrastructure, energy and urban development.

Lee, for his part, thanked the Deputy PM and the Vietnamese Government for supporting Lotte’s projects over the past years, thus contributing to Vietnam’s growth.

He said Lotte is pooling resources to embark on several smart urban development projects in Hanoi and Ho Chi Minh City, and will call on RoK firms to invest in Vietnam as well as support start-ups in the country.