The Government of Vietnam always creates favourable conditions for Korean firms, including the Hyosung Group, to invest in the country, said Prime Minister Nguyen Xuan Phuc. Prime Minister Nguyen Xuan Phuc presents a gift to Chairman of the Hyosung Group Cho Hyun-joon. While receiving Chairman of the Hyosung Group Cho Hyun-joon in Hanoi on February 8, PM Phuc agreed to soon organise a forum to attract more investors from the Republic of Korea (RoK) to Vietnam as suggested by Cho. He praised Hyosung as one of the biggest Korean investors in Vietnam, which has operated many important projects in all three regions of the country. The PM suggested Hyosung to join as a strategic investor of Vietnam’s electricity transformer factory and urged the group to pay due attention to environmental protection when carrying out projects. Cho said the Hyosung Group is striving to bring its total investment in Vietnam up to 6 billion USD, adding that the group is planning to invest in electricity projects in Vietnam, particularly by supplying high voltage power transformers which are sought after in the country. The group wants to partner with and transfer technologies to Vietnamese manufacturers of power transformers so as to make Vietnam an exporter of the product, he said. Hyosung is a leading producer of all classes of power transformers, ranging up to 765kV in the RoK. Its products have been available in 70 countries and territories across the globe.-VNA
PM Nguyen Xuan Phuc presents a souvenir to Chang Dae-Whan, Chairman of the RoK-based Maekyung Media Group (Photo: VNA) PM Phuc made the statement while receiving Chang Dae-Whan, Chairman of the RoK-based Maekyung Media Group, in Hanoi on December 5th. He lauded the coordination between Maekyung and the Vietnam Chamber of Commerce and Industry to hold a Vietnam-RoK economic forum, marking the 25th founding anniversary of diplomatic relations between the two countries. The PM said Vietnam wants RoK groups to develop manufacturing hubs in different fields such as electronics and auto components in the country, adding that investors must ensure…... [read more]
KIÊN GIANG - Việt Nam offers optimal conditions for investors, especially in tourism, Prime Minister Nguyễn Xuân Phúc said at a meeting on Thursday with executives of Sun Group, one of the major investors in the country's tourism with large projects on Phú Quốc Island in the Mekong Delta province of Kiên Giang. He noted that Việt Nam enjoyed a growth of 20 per cent in the number of tourists in 2016, and 30 per cent in the first quarter of this year. The PM lauded the firm's investments in large projects across Việt Nam, including the world's longest suspension…... [read more]
Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc has assured Chinese investors that the Vietnamese Government will provide the best possible conditions for them to do business in the Southeast Asian country. He made the remark while receiving Li Linzhi, Chairwoman of Kaidi Ecological and Environmental Technology Co. Ltd, and Li Huaizhen, CEO of China Minsheng Investment Co. Ltd, in Hanoi on December 5. Welcoming the entrepreneurs' visit to Vietnam to seek investment opportunities, PM Phuc highlighted the growing comprehensive strategic cooperative partnership between the two countries, especially in economic cooperation. The Vietnamese Government has continually made efforts to improve…... [read more]
PM Nguyen Xuan Phuc (R) receives Jon Gibbs, ExxonMobil Vice President of Asia Pacific and Middle East (Source: VNA)
Hanoi (VNA) – The Government of Vietnam will create
favourable conditions for the US oil and gas group ExxonMobil to successfully
implement cooperation programmes and projects in Vietnam, Prime Minister Nguyen
Xuan Phuc has said.
During a reception in Hanoi on August 29 for Jon Gibbs, ExxonMobil Vice
President of Asia Pacific and Middle East, PM Phuc applauded investment
projects of ExxonMobil in Vietnam, particularly cooperation projects with the
Vietnam National Oil and Gas Group (PetroVietnam).
For…... [read more]
(VOVworld)-The Party and State will create the best possible conditions for young people to succeed and contribute to national construction and defence, said Prime Minister Nguyen Xuan Phuc at a meeting with outstanding Vietnamese youths in Hanoi on Sunday. Mr. Phuc underlined that tertiary education is not the sole key to success and people with disabilities should uphold the spirit of “down but not out”. “The title ‘Outstanding young people’ represents an honor and responsibility. You should be a role model for other people to follow, especially when are entering the 4th industrial revolution”, Prime Minister Phuc stressed, adding that…... [read more]
