February 12, 2017 | 21:07 (GMT+7)
PM lauds RoK firms’ plan to expand operation in Vietnam
Prime Minister Nguyen Xuan Phuc met with Yoon Jong-kyoo, President of the Republic of Korea (RoK)’s KB Kookmin Financial Group in Hanoi on February 11, affirming that Vietnam will continue maintaining macroeconomic stability and favourable business environment for foreign investors, including the group.
Prime Minister Nguyen XuanPhuc meeting with Yoon Jong-kyoo, President of the Republic of Korea (RoK)’s KB Kookmin Financial Group
Yoon Jong-kyoo said that his firm is keen on further expanding business in Vietnam in consumer finance, banking, securities and insurance and especially social housing development.
He expressed hope to share experience with Vietnam in distribution and development of houses for low-income people – an issue of Vietnamese concern, adding that his firm plans to coordinate with Vietnamese agencies in holding a conference on the issue.
The group will actively study investment opportunities as well as organize many social activities in Vietnam such as providing support for young people’s start-ups, this contributing more effectively to the country’s socio-economic development.
PM Nguyen Xuan Phuc praised the group’s intention to expand financial activities in Vietnam as well as its willingness to share its experience in social housing development.
He voiced support to the Korean group’s initiative to hold a conference to seek measures to boost social housing in Vietnam, while hailing its assistance for Vietnamese youth’s startup movement as well as its involvement in the restructuring of commercial banks in Vietnam, including the acquisition of Vietnamese banks.
Source: VNA