Hanoi (VNA) – Deputy Prime Minister Trinh DinhDung affirmed that the Vietnamese Government offers all possible support toinvestors, during a reception in Hanoi on September 23 for CEO of Lotte AssetDevelopment LeeKwang Young.
Dung said the RoK now leadscountries and territories investing in Vietnam, and the Vietnamese community inthe RoK and the RoK community in Vietnam are making important contributions toeach country’s socio-economic development.
He spoke highly of Lotte’sbusiness operations in Vietnam with the first presence in 1996, saying that thegroup has helped promote the shipment of Vietnamese farm produce to the RoK andother countries.
The host also lauded Lotte’sactive involvement in social welfare programmes, proving its socialresponsibility.
According to him, Vietnam isencouraging enterprises to expand investment in new areas, especially intransport infrastructure, energy and urban development.
Lee, for his part, thanked the DeputyPM and the Vietnamese Government for supporting Lotte’s projects over the pastyears, thus contributing to Vietnam’s growth.
He said Lotte is pooling resourcesto embark on several smart urban development projects in Hanoi and Ho Chi MinhCity, and will call on RoK firms to invest in Vietnam as well as supportstart-ups in the country./.
Lotte Group looks to develop Southeast Asian markets
The Republic of Korea (RoK)’s retail and chemical giant Lotte Group is ramping up efforts to tap deeper into Southeast Asia and advanced economies amid falling sales in China, once its biggest overseas market, industry sources said on May 28.