Business

Vietnam ready to create best conditions for investors: NA Chairman

The National Assembly of Vietnam is ready to continue to improve the legal system and policies, creating the best conditions for all economic sectors and investors, including those from the Republic of Korea (RoK), to expand their investment and do business in the country, National Assembly chairman Vuong Dinh Hue said on August 2.
Vietnam ready to create best conditions for investors: NA Chairman ảnh 1 NA Chairman Vuong Dinh Hue (right) shakes hands with  Kim Jung-tai, Chairman of  the Global Strategy Committee of the RoK's Hana Financial Group. (Photo: VNA).

Hanoi (VNA) – The National Assembly of Vietnam is ready to continue to improve the legal system and policies, creating the best conditions for all economic sectors and investors, including those from the Republic of Korea (RoK), to expand their investment and do business in the country, National Assembly chairman Vuong Dinh Hue said on August 2.

At a reception for Kim Jung-tai, Chairman of the Global Strategy Committee of the RoK's Hana Financial Group, Hue expected the group to contribute to perfecting the legal system as well as the investment and business environment in Vietnam.

He appreciated the fruitful cooperation between the group and the Bank for Investment and Development of Vietnam (BIDV) in banking activities and social security contributions to Vietnam in recent years.

The NA Chairman welcomed Hana's signing of an agreement to invest 35% of the charter capital of BIDV Securities JSC, saying this is a long-term strategic decision that reflects the confidence of foreign investors in the economic prospects of Vietnam.

Kim, for his part, said the Hana Group will work closely with BIDV to find solutions to increase investment and create the best cooperation results in the coming time. He also reaffirmed that in addition to participating in investment and business activities, it will contribute to social security work.

Kim also took the occasion to inform the Vietnamese NA leader that as the main sponsor for Korean football tournaments at all levels, the group hopes to have more Vietnamese players taking part in the RoK's professional tournaments, thereby nurturing the sports talents as well as increasing exchanges in the sports field between the two countries./.

VNA
#The Republic of Korea #investors #business environment #legal system #BIDV #Hana Financial Group #Vietnam Plus #Vietnam News Agency Korea (RoK)
Follow VietnamPlus

Related News

PM holds dialogue with RoK enterprises

PM holds dialogue with RoK enterprises

Prime Minister Pham Minh Chinh chaired a dialogue with the Republic of Korea (RoK)’s Ambassador Park Noh-wan and representatives of Korean associations and businesses in Vietnam in Hanoi on July 30.

See more

The year 2025 has seen the coffee industry form an ecosystem of responsible production, stretching from raw-material regions to processing stages, helping lay the foundation for sustainable growth in the years ahead. (Photo: VNA)

Coffee exports likely to exceed 8 billion USD this year

The Ministry of Agriculture and Environment reported that Vietnam sold 1.3 million tonnes of coffee overseas for 7.41 billion USD between January and October, up 61.8% year-on-year and marking the highest annual value increase to date. The average export price reached 5,653 USD per tonne, a surge of 42.5% from the same period last year. Several markets posted outstanding growth, particularly Mexico, where export value jumped by 34.7 times.

Aero K operates the Cheongju (CJJ) - Cam Ranh (CXR) route from November 2025 (Photo: VOV)

Another Korean airline opens direct route to Nha Trang

Aero K said that Nha Trang is its second destination in Vietnam after central Da Nang city. The airline has been steadily expanding routes to Japan, Taiwan (China), and Southeast Asian countries, increasing its international flights for the RoK’s central region.

Ambassador Nguyen Minh Nguyet (second from left) and representatives of associations and diplomatic corps in Sofia. (Photo: published VNA)

Vietnamese companies join Interfood & Drink 2025 in Bulgaria

The Vietnamese booth features a range of signature products including coffee, tea, fruit juices, traditional confectionery and natural functional foods that match the growing demand in Southeast Europe for healthy, natural and traceable products.

Minister Counsellor Pham Quang Huy, Deputy Head of Vietnam’s Permanent Mission to Geneva (R) and Andrey Eydlin of the St. Gallen Endowment, at the working session (Photo: VNA)

Swiss endowment supports Vietnam in trade defence capacity building

Minister Counsellor Pham Quang Huy, Deputy Head of Vietnam’s Permanent Mission to Geneva, has chaired a working session on the Global Trade Alert (GTA) tool with representatives from the Trade Remedies Authority of Vietnam (TRAV) under the Ministry of Industry and Trade and Andrey Eydlin of the St. Gallen Endowment.

Participants at the forum. (Photo: VNA)

Vietnam moves to tap “silver economy” as ageing accelerates

At a national forum on the silver economy in Vietnam on November 14, Politburo member and Director of the Ho Chi Minh National Academy of Politics Nguyen Xuan Thang said the country must shift from viewing ageing as a welfare burden to recognising older people as an economic asset.

Participants at the official technical negotiation session between Vietnam and US (Photo: VNA)

Vietnam, US conclude 5th round of reciprocal trade agreement talks

In the closing session, representatives from the Office of the US Trade Representative (USTR) and the Vietnamese negotiating team stated that the talks yielded positive results, laying a favourable foundation for the early conclusion of the Vietnam – US Reciprocal Trade Agreement.

At a ceremony to announce the cooperation agreement between VIPTAM Group, Inlog and partners (Photo: VNA)

New social-commerce model targets 50 billion USD in Vietnam–US trade

VIPTAM Technology Group JSC (VIPTAM Group) has officially established long-term strategic trade partnerships with major international brands, introducing a new model to promote bilateral trade between Vietnam and the US through VDONE Network, a multimedia social platform developed by the group.

Seafood section with a wide range of products. (Illustrative photo: VNA)

Processed seafood industry seeks stronger foothold in domestic market

As seafood exports face growing challenges from the global economic slowdown, technical barriers in importing markets, and rising input costs, developing the domestic market is increasingly seen as a strategic direction to stabilise production, maintain supply chains, and reduce dependence on external markets.

Party General Secretary To Lam (R) receives China’s Luxshare-ICT Group Vice Chairman Wang Laisheng in Hanoi on November 15. (Photo: VNA)

Party Chief receives Vice Chairman of China’s Luxshare-ICT Group

Party General Secretary To Lam affirmed that the Party and State consistently welcome foreign enterprises to invest and succeed in Vietnam, pledging equal treatment for all investors and continued efforts to improve the business environment towards greater fairness, transparency and convenience.

Illustrative photo (Photo: VNA)

Vietnam Online Shopping Day – Online Friday 2025 opens

Vietnam Online Shopping Day – Online Friday 2025 is not only the biggest online shopping event of the year, but also spreads the message of smart, responsible and sustainable consumption, contributing to promoting the strong development of Vietnam's digital economy in the new era.

Thi Khui, Director of Bu Lach Organic Cashew Cooperative, signs a cashew purchasing cooperation agreement with a representative of Intersnack Vietnam Cashew Company Limited. (Photo: Dong Nai Newspaper)

Ethnic woman grows cashew cooperative's international success

With strong support from local authorities, Khui persuaded 165 farming households to adopt organic cultivation practices. The cooperative now oversees a raw material area of 1,000 hectares, establishing a solid foundation for large-scale organic production.