THE GOVERNMENT OF VIETNAM ALWAYS CREATES CONDITIONS FOR KOREA BUSINESSES TO INVEST AND BUSINESS WITH PEACE OF MIND.

On the morning of May 27, Deputy Prime Minister Le Minh Khai received Mr. Park Sung Ho, General Director of Hana Bank, Korea.

Speaking at the meeting, Deputy Prime Minister Le Minh Khai stated that, over the past time, Korea continues to be an important leading partner of Vietnam in many fields. In the coming time, Vietnam wishes to strengthen cooperation with South Korea in order to develop deeper and more substantive relations between the two countries in many fields, especially economy, trade and investment.

The Deputy Prime Minister said that, overcoming the difficulties caused by the Covid-19 epidemic, Vietnam's economy in the first quarter of 2021 prospered and recovered positively. While many countries have high inflation, Vietnam still maintains a stable macro foundation, inflation is under control (average CPI in the first quarter only increased by 1.92%); major balances in budget, trade, investment, food, energy, and labor are guaranteed... in that common achievement, there are contributions from the business community at home and abroad in general, as well as the Bank Hana Bank - an important partner of BIDV Bank - one of the four major commercial banks in Vietnam, controlled by the State.

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General Director Park Sung Ho expressed, along with the positive flow of the relationship between the two countries, Hana Bank has invested very successfully in BIDV. Besides, Hana also contributed 40 billion VND together with BIDV Bank to implement social security programs.

“We want to develop the relationship between BIDV and Hana, not merely a relationship between two investors, but into a strategic relationship, becoming a model in Vietnam-Korea economic cooperation, contribute to the development of relations between the two countries", Mr. Park Sung Ho expressed.

Deputy Prime Minister Le Minh Khai expressed his delight at the results Hana has achieved in business activities; thank Hana for making meaningful contributions to social security activities in Vietnam; We hope that Hana Bank will continue to expand its investment scale in Vietnam, not only focusing on the banking sector but also continuing to expand into other fields.

Deputy Prime Minister Le Minh Khai affirmed that the Vietnamese Government is always ready to create favorable conditions for Korean businesses in general and Hana Group and Hana Bank to feel secure, continue to invest and do long-term business in Vietnam. in the spirit of harmonizing benefits, sharing risks.

During the operation, if there are difficulties or problems, it is recommended that Hana discuss frankly with partners and authorities, which is directly the State Bank to take measures to solve. It is said that in 2022 - the 30th anniversary of the establishment of diplomatic relations between the two countries, Vietnam - Korea, many events between Vietnamese localities, businesses and Korean partners will be held to strengthen the relationship between the two countries. The Deputy Prime Minister hoped that Hana Group, Hana Bank together with BIDV Bank would have many meaningful activities to contribute to deepening the relationship between the two countries.