KDB urged to encourage RoK firms to invest in Vietnam
Prime Minister Nguyen Xuan Phuc has expressed his belief that the Korea Development Bank (KDB), with its prestige, scale and experience in the Republic of Korea (RoK), would continue encouraging more RoK firms to invest in Vietnam.
Prime Minister Nguyen Xuan Phuc shakes hands with CEO and Chairman Lee Dong-geol of the Korea Development Bank (Photo: VNA)
Hanoi(VNA) – Prime Minister Nguyen Xuan Phuc has expressed his belief that the KoreaDevelopment Bank (KDB), with its prestige, scale and experience in the Republicof Korea (RoK), would continue encouraging more RoK firms to invest in Vietnam.
While receivingKDB CEO and Chairman Lee Dong-geol in Hanoi on April 17, PM Phuc spoke highlyof KDB’s expansion of cooperation with commercial banks in Vietnam as well asits continued implementation of investment projects in the country.
He stressedVietnam and the RoK have enjoyed a close relationship in various fields such aspolitics, diplomacy, economy, investment, trade and banking, adding thatRoK-invested projects have been successfully carried out in Vietnam.
Vietnam expectsto welcome more RoK enterprises, PM Phuc said, noting that this would createfavourable conditions for the KDB to expand operations in the country.
Lee informed hishost that the KDB has so far invested about 8 billion USD in Vietnam and thebank is planning to embark on a number of projects in the coming time.
He highlyevaluated Vietnam’s potential for economic growth and affirmed that the KDB wantsto contribute more to Vietnam’s socio-economic development.-VNA
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Prime Minister Nguyen Xuan Phuc shakes hands with CEO and Chairman Lee Dong-geol of the Korea Development Bank (Photo: VNA) 
