The People’s Committee of the northern province of Bac Ninh on May 15 held a ceremony to present the State President’s Friendship Medal to the former Samsung Vietnam General Director Shim Won Hwan.

The Medal demonstrates the Vietnamese State’s recognition of the former Samsung executive’s contribution to the friendship and economic cooperation between Vietnam and the Republic of Korea, said Chairman of the People’s Committee Nguyen Tu Quynh.

Quynh also hoped that Shim Won Hwan continues to contribute to the development of the relations between the two countries.

The Korean man said he was honoured to receive the Friendship Medal, confirming he would do his best to strengthen the RoK-Vietnam relationship.

Samsung first invested in Vietnam in 1995 but made itself known in recent years with its construction of two hi-tech complexes to produce mobile devices and components in Bac Ninh and Thai Nguyen provinces with a combined investment of 7.5 billion USD.

The two facilities together exported over 26.25 billion USD worth of products in 2014.-VNA