
The statement was made by Chairman of the Party CentralCommittee’s Economic Commission Tran Tuan Anh at his reception in Hanoi onFebruary 24 for a working delegation of the Korea-based group led by ChoiJoo-ho, President of Samsung Vietnam.
Appreciating the role of Samsung as the RoK’s largestinvestor in Vietnam, Anh affirmed that its placing of its largest research anddevelopment centre in Southeast Asia in Hanoi holds not only strategicsignificance for Samsung's investment activities in Vietnam but also greatsignificance for Vietnam's foreign investment attraction activities, as well asbilateral cooperation in the context that the Comprehensive and ProgressiveAgreement for Trans-Pacific Partnership (CPTPP), the European Union - VietnamFree Trade Agreement (EVFTA), and the Regional Comprehensive Economic Partnership(RCEP) have entered into force.
He proposed Samsung promote research - development activitiesand production and export of key products to the international market, step up cooperationin technology transfer, maintain investment in supporting industry and smarttechnology, and boost collaboration in research.
Choi thanked Vietnamese agencies for helping Samsungovercome difficulties caused by the COVID-19 pandemic, and creating a favourableenvironment for businesses’ operations.
Appreciating Vietnam’s socio-economic developmentorientations and achievements, he affirmed that Samsung will continue accompanyingand cooperating closely with the country to contribute more to the bilateralrelations./.