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PM Nguyen Xuan Phuc (R) and KDB CEO and Chairman Lee Dong-geol

While receiving KDB CEO and Chairman Lee Dong-geol in Hanoi on April 17, PM Phuc spoke highly of KDB’s expansion of cooperation with commercial banks in Vietnam as well as its continued implementation of investment projects in the country.

He stressed Vietnam and the RoK have enjoyed a close relationship in various fields such as politics, diplomacy, economy, investment, trade and banking, adding that RoK-invested projects have been successfully carried out in Vietnam.

Vietnam expects to welcome more RoK enterprises, PM Phuc said, noting that this would create favorable conditions for the KDB to expand operations in the country.

Lee informed his host that the KDB has so far invested about USD 8 billion in Vietnam and the bank is planning to embark on a number of projects in the coming time.

He highly evaluated Vietnam’s potential for economic growth and affirmed that the KDB wants to contribute more to Vietnam’s socio-economic development.

Source: VNA