PM calls on CJ Corporation to contribute to new Korean investment wave

08:21 | 10/12/2017 Economy

PM Nguyen Xuan Phuc hoped that CJ and other groups contribute to advertising Vietnamese images and creating a new investment wave from the Republic of Korea to Viet Nam.

PM Nguyen Xuan Phuc (R) and Chairman of the RoK-based CJ Corporation Sohn Kyung-shik Ha Noi, December 6, 2017 – Photo: VGP

The Government chief made the point while receiving Chairman of the RoK-based CJ Corporation Sohn Kyung-shik on December 6 in Ha Noi.

The host leader hailed CJ Corporation for investing in many fields in Viet Nam, including food production research, logistics and film production for export, while asking the company to assist Vietnam in developing organic agriculture.

He expressed his hope that more than 150,000 Koreans living and working in Viet Nam along with leading Korean firms investing in the country such as Samsung, LG, Lotte and CJ will help promote Viet Nam to the RoK and creating a new Korean investment wave into Viet Nam in the near future.

He stressed that Viet Nam always welcomes and creates favourable ways for foreign investors including Korean ones. “We consider your success as our success,” he added.

In return, the CJ Chairman expressed his impression and congratulated Viet Nam on socio-economic development attained over the past time. CJ Corporation hopes to contribute to the development path of Viet Nam, he said.

CJ is investing in a research centre on food safety in Ho Chi Minh City in order to manufacture safe products using Vietnamese materials for export. Its affiliate CJ Logistics – the largest logistics provider in the RoK, has recently established a joint venture with Viet Nam’s Gemadept Corporation.

CJ also ventured into producing films in Viet Nam which are scheduled to be broadcast in many countries and embarked on agriculture in the southern province of Ninh Thuan.

Theo Chinhphu