31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Investment / News
Vietnam PM to address concerns of Samsung, LG, Lotte post Covid-19
Nguyen Tung 13:25, 2020/07/17
The holding of a dialogues between the Vietnamese government and the Korean business community demonstrates strong economic ties between Vietnam and South Korea.

The Vietnamese Prime Minister’s Advisory Council for Administrative Procedure Reform is set to hold a dialogue with the South Korean business community today [July 17] to address their concerns.

 Minister of the Government Office Mai Tien Dung (r) and South Korean Ambassador to Vietnam Park Noh Wan (l). Photo: VGP. 

The event, co-chaired by Minister-Chairman of the Government Office, Chairman of the Council Mai Tien Dung and South Korean Ambassador to Vietnam Park Noh Wan, is set to attract 320 representatives of ministries and provinces/cities as well as major South Korean conglomerates like Samsung, SK Group, LG, Lotte, POSCO, Hanwha, CJ, Hyosung, Shinhan Bank.

Business organizations such as the Korean Business Association in Vietnam, the Korean Chamber of Business (KoCham), the Korea Trade – Investment Promotion Agency (KOTRA) and Korea International Cooperation  Agency (KOICA), among others, will also be present.

The dialogue’s major agenda would focus on addressing concerns of the South Korean enterprises; measures and solutions of the Vietnamese government to support the business community; and cooperation plan between Vietnam and South Korea in the post-Covid-19 pandemic.

The holding of the event demonstrates strong economic ties between the two countries, and showcases the determination of the Vietnamese government in reforming its business environment to support enteprises, including South Korean ones.

Minister Dung said the dialogue is in line with the instruction of Prime Minister Nguyen Xuan Phuc towards the administrative reform.

On June 30, the Council held a similar meeting with European businesses to listen to their suggestions and concerns. The feedback was reported to Prime Minister Nguyen Xuan Phuc.

RELATED NEWS
TAG: Vietnam South Korea Samsung LG Lotte Prime Minister Nguyen Xuan Phuc SK Group Posco Hanwha CJ Hyosung Shinhan Bank Kocham kotra KOICA
Other news
21:36, 2023/36/12
Laos vows to facilitate Vietnam's investors
The Government of Laos pledged to amend the law to facilitate the investment of Vietnamese companies that have poured more than US$5.34 billion in the neighboring country so far.
17:49, 2023/49/02
Hanoi lures nearly $1.7 billion in foreign investment in 2022
The capital city ranks among the top localities in foreign direct investment attraction.
17:33, 2022/33/11
European Investment Bank will provide Vietnam climate finance
Vietnam's Minister of Finance will visit Luxembourg soon to discuss the update of mutual agreements and address issues in regard to EIB-funded projects in the Southeast Asian country.
16:56, 2022/56/09
Vietnam stands as credible partner for foreign investors
The Vietnamese Government has made efforts to create favorable conditions for local and foreign businesses to ensure their long-term operation.
12:47, 2022/47/01
Vietnamese Gov’t to divest state capital at 141 businesses until 2025
The Government is determined to accelerate the divestment and privatization process at state firms that have stagnated due to the impacts of the Covid-19 pandemic.
17:42, 2022/42/11
IFC assists Vietnam to boost green finance for a low-carbon economy
Capital markets have a big role to play in Vietnam’s transition to a climate-resilient and low-carbon economy, helping mobilize green capital.