Kumho Tires Co., Inc. of the Republic of Korea (RoK) will provide 140 million won (135,000 USD) for the Vietnamese Association in the country to conduct its activities in the next two years.

To this effect, an aid agreement was signed in Seoul on April 17 by representatives from the company and the Vietnamese Embassy in the RoK.

Speaking at the signing ceremony, Kumho Tires President and CEO Kim Chang-kyu expressed his hope that through this aid, the association will further develop and contribute more to the Vietnam-RoK friendship and cooperation.

Vietnamese Ambassador Pham Huu Chi thanked the Kumho Group and the Kumho Tires company for their great assistance for the Vietnamese community in the RoK, saying the support will encourage them integrate into the host country, thus fostering the friendship between the two nations.-VNA