Top legislator hosts leaders of RoK economic groups

Friday, 2018-12-07 17:52:06
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National Assembly Chairwoman Nguyen Thi Kim Ngan (R) and President of CJ Logistics Park Keun-tae (Source: VNA)
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NDO/VNA –National Assembly Chairwoman Nguyen Thi Kim Ngan received the leaders of several economic groups of the Republic of Korea (RoK) as part of her visit to Seoul on December 7.

Hosting Park Keun-tae, President of CJ Logistics and CEO of CJ Group China Headquarters, Chairwoman Ngan welcomed the group’s investments in Vietnam and its plans to invest in different fields in Vietnam, such as food safety and hygiene, culture and logistics.

She suggested that CJ produce films about Vietnamese-Korean multicultural families.

Thanking the senior Vietnamese legislator for the proposal, Park said he will instruct the implementation of the idea.

CJ Group has so far invested over US$500 million in 26 subsidiaries in 17 cities and provinces across Vietnam, generating jobs for 8,000 people. Their combined revenue hit US$1.1 billion in 2017.

Meeting Vice Chairman of the Lotte Corporation Hwang Gag-kyu, Ngan appreciated Lotte’s business and investment activities in Vietnam, especially in the fields of real estate, entertainment and food processing.

She voiced her hope that the corporation would maintain investment in its strong fields, such as smart city development and tourism, and support Vietnam in developing transport infrastructure, logistics systems, and start-up projects.

Hwang shared that Lotte is considering the development of smart urban areas, hotels, resorts, trade centres and logistics projects in Vietnam.

The Vietnamese NA leader also had a working session with executive officers from the Korea Federation of Small and Medium-sized Enterprises (KBIZ) and VN One group.

Representatives from the RoK’s economic groups and the KBIZ affirmed that Korean enterprises want to do long-term investment and expand business and production in Vietnam to contribute to the country’s development.