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Oct 08, 2015 / 10:10

RoK firms highly appreciated in social responsibility in Vietnam

The Vietnamese Government highly values Republic of Korea (RoK) investments in the economic, social, and environmental sectors as helping Vietnam ensure social welfare and economic development, Deputy Minister of Planning and Investment Nguyen Van Trung said at a press conference in Hanoi on October 6.

RoK International Trade Association and the RoK Embassy held a press conference on social and charitable activities of RoK businesses operating in Vietnam in Hanoi on 6 October.
Attending the event were representatives of 11 RoK businesses investing in Vietnam, including Asiana Airlines, CJ Group, Woori Bank, Samsung Vina Electronics, etc.

 
Deputy Minister of Planning and Investment Nguyen Van Trung makes a speech at the conference.
Deputy Minister of Planning and Investment Nguyen Van Trung makes a speech at the conference.
At the conference, representatives shared that RoK companies take on corporate social responsibility as part of their operations in the host countries. 
Their notable charity programmes cover the provision of healthcare services, scholarships, and helmets; construction of hospitals and schools; environmental protection; and rural development. 
The most prominent charity programme was the construction of houses for poor families in Ben Tre province, funded by the Asiana Airlines from April 2004, and has built 45 houses in 2014.
Samsung Vina Electronics also has carried out social and charitable activities, including the support for  Vietnamese candidates in 2015 World Workmanship Contest and the programme of blood donation.
RoK Ambassador to Vietnam Jun Dae Joo noted that the RoK is the biggest investor in Vietnam with more than 4,000 businesses. Two-way trade reached 30.3 billion USD in 2014. 
The ambassador said he hopes after the free trade agreement (FTA) between Vietnam and the RoK takes effect, the bilateral trade target will reach 70 billion USD by 2020. 
Speaking at the event, Deputy Minister of Planning and Investment Nguyen Van Trung said the Vietnamese Government highly values RoK investments in the economic, social, and environmental sectors as helping Vietnam ensure social welfare and economic development.