Samsung to expand VN investment

Samsung Corporation is interested in investing in large projects in Viet Nam, announced Shin Kim, president and CEO of the Trading and Investment Group of Samsung C&T Corporation.

At a meeting with Viet Nam’s Deputy Prime Minister Hoang Trung Hai on Thursday in Ha Noi, Kim proposed to obtain permission for the corporation’s investment in various projects, including the construction of the Vung Ang 3 thermo power plant in the central province of Ha Tinh, a shipbuilding factory in Khanh Hoa Province, Long Thanh international airport in Dong Nai Province and Long Son oil refinery in Vung Tau City.

Kim also praised the government’s support and expressed his faith in the attractive investment environment in Viet Nam.

Speaking at the meeting, the deputy prime minister hoped to boost investment co-operation with one of South Korea’s leading investors in the country. He affirmed that the Vietnamese government will always support and create positive conditions for foreign investors to invest in Viet Nam, regarding the successes of investors as the successes of Viet Nam.

For the aforementioned projects worth billions of dollars, the deputy prime minister has asked Samsung to implement the necessary preparations and regulated procedures so that Vietnamese authorities can consider them based on the real situation of each project