Viet Nam welcomes SK Group’s investment: PM

Thursday, Jun 06, 2019 17:39

Prime Minister Nguyen Xuan Phuc (right) presents a gift to the Republic of Korea's SK Group chairman Chey Taw-won on JWednesday. — VNA/VNS Photo Thong Nhat

The Vietnamese Party, State, Government and localities always support and protect the rights of foreign firms, including the Republic of Korea’s SK Group, to invest in technology in Viet Nam, Prime Minister Nguyen Xuan Phuc said on Wednesday.

Hosting a reception for SK Group Chairman Chey Taw-won in Ha Noi, PM Phuc said he welcomes SK Group’s non-refundable aid worth US$30 million for the Ministry of Planning and Investment to develop the National Innovation Centre (NIC).

Chey expressed his delight over Viet Nam’s strong development, and said SK’s investment expansion in the Southeast Asian country via its collaboration with Vingroup aims to create new value for local people.

As SK hopes to engage in developing environmental protection technology in Viet Nam, Chey said he expects support from the Vietnamese Government.

The Vietnamese leader said Vingroup and SK should outline new co-operation programmes, adding that SK has been on the right track in Viet Nam with many projects in smart urban development and electric motorbike production, contributing to improving production in the country. — VNS

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