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Vietnam welcomes SK Group’s investment: PM

The Vietnamese Party, State, Government and localities always create favourable conditions and protect legitimate rights for foreign firms, including the Republic of Korea’s SK Group, to land technology investment in the country amid the Fourth Industrial Revolution, Prime Minister Nguyen Xuan Phuc said on June 5.
Vietnam welcomes SK Group’s investment: PM ảnh 1Prime Minister Nguyen Xuan Phuc (R) and  SK Group Chairman Chey Taw-won (Photo: VNA)

Hanoi (VNA) - The Vietnamese Party, State, Government and localitiesalways create favourable conditions and protect legitimate rights for foreignfirms, including the Republic of Korea’s SK Group, to land technologyinvestment in the country amid the Fourth Industrial Revolution, Prime MinisterNguyen Xuan Phuc said on June 5.

Hosting a reception for SK Group Chairman Chey Taw-won in Hanoi, PM Phuc saidhe welcomes SK Group’s non-refundable aid worth 30 million USD for the Ministryof Planning and Investment to develop the National Innovation Centre (NIC).

Chey, for his part, expressed his delight over the strong economic developmentin Vietnam, and said that SK’s investment expansion in the Southeast Asiancountry via its collaboration with VinGroup aims to create new value for localpeople.

As the SK hopes to engage in developing environmental protection technology inVietnam, Chey said he expects support from the Vietnamese Government as well ascoordination from competent ministries and sectors.

The Vietnamese leader said VinGroup and the SK should outline new cooperationprogrammes, adding that the SK has been on its right track in Vietnam with manyprojects in smart urban development, and electric motorbike production,contributing to the creation of a qualitative change in the production in thecountry.-VNA
VNA
#legitimate rights #foreign firms #Republic of Korea’s SK Group #technology investment #Fourth Industrial Revolution #Prime Minister Nguyen Xuan Phuc #SK Group Chairman Chey Taw-won #non-refundable aid #National Innovation Centre (NIC) #VinGroup #Vietnam News Agency #Vietnamplus Korea (RoK)
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