PM lauds RoK firms’ plan to expand operation in Vietnam
Prime Minister Nguyen XuanPhuc met with Yoon Jong-kyoo, President of the Republic of Korea (RoK)’s KB Kookmin Financial Group in Hanoi on February 11, affirming that Vietnam will continue maintaining macroeconomic stability and favourablebusiness environment for foreign investors, including the group.
Prime Minister Nguyen XuanPhuc meets with Yoon Jong-kyoo, President of KB Kookmin Financial Group (Photo: VNA)
Hanoi (VNA) – Prime Minister Nguyen XuanPhuc metwith Yoon Jong-kyoo, President of the Republic of Korea (RoK)’s KB KookminFinancial Group in Hanoi on February 11, affirming that Vietnam will continuemaintaining macroeconomic stability and favourablebusiness environment forforeign investors, including the group.
Yoon Jong-kyoo said that his firm is keen on furtherexpanding business in Vietnam in consumer finance, banking, securities andinsurance and especially social housing development.
He expressed hope to share experience with Vietnam indistribution and development of houses for low-income people – an issue ofVietnamese concern, adding that his firm plans to coordinate with Vietnameseagencies in holding a conference on the issue.
The group will actively study investment opportunities aswell as organise many social activities in Vietnam such as providing supportfor young people’s start-ups, this contributingmore effectively to thecountry’s socio-economic development.
PM Nguyen XuanPhuc praised the group’s intention toexpandfinancial activities in Vietnam as well as its willingness to share itsexperience in social housing development.
He voiced support to the Korean group’s initiative to hold aconference to seek measures to boost social housing in Vietnam, whilehailingits assistance for Vietnamese youth’s startup movement as well as itsinvolvement in the restructuring of commercial banks in Vietnam, including theacquisition of Vietnamese banks.-VNA
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Prime Minister Nguyen XuanPhuc meets with Yoon Jong-kyoo, President of KB Kookmin Financial Group (Photo: VNA) 
