PM Phuc meets leaders of RoK groups

Thursday, 2019-11-28 18:03:23
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PM Nguyen Xuan Phuc (R) receives Vice Chairman of Samsung Electronics Lee Jae-yong in Seoul on November 28. (Photo: VGP)
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NDO/VNA – Prime Minister Nguyen Xuan Phuc met with Vice Chairman of Samsung Electronics Lee Jae-yong on November 28 as part of his official visit to the Republic of Korea (RoK).

Speaking highly of Samsung’s investment in Vietnam, the leader said the Vietnamese Government, ministries, agencies and localities have created favourable conditions for the group to implement its investment and business projects in the country.

Lee pledged all-out efforts to help Samsung Vietnam operate successfully, significantly contributing to local socio-economic development and enhancing relations between Vietnam and the RoK.

PM Phuc expressed his hope that Samsung will maintain its production, export turnover and growth rate, thus contributing to Vietnam’s socio-economic development.

The Vietnamese Government and relevant agencies always facilitate the operation of Korean firms, including Samsung, he stressed.

The PM also asked Samsung to increase its locally-made content which, he said, still remains low, and help Vietnamese enterprises integrate deeper into its value chain.

The same day, PM Phuc had a meeting with leaders of Hyundai Heavy Industries, GS E&C and GS Energy, which are investing in Vietnam.

He welcomed the groups to invest and expand their business and production in Vietnam.

Vietnam wishes to cooperate with Hyundai in shipbuilding, he said, calling on the group to build a big shipyard in the country and produce equipment in service of the industry, and invest in football in Vietnam.

The PM said he had instructed Vietnamese ministries and agencies to create optimal conditions for GS E&C to expand its investment in the country, and suggested the group engage in other projects in Vietnam, especially those regarding infrastructure development.

Leaders of the Korean groups said they want to expand investment in such realms as shipbuilding, infrastructure and energy.