President Nguyen Xuan Phuc received Chairman and CEO of the Korea Credit Guarantee Fund, Yoon Dae Hee (Photo: VNA)

He said South Korea continues to be Vietnam’s top foreign investor and Vietnam-South Korea bilateral trade is expected to reach 100 billion USD next year and 150 billion USD by 2030. Phuc said Korean businesses play an important role in realizing these targets.

The President asked the Korea Credit Guarantee Fund to help businesses and economic groups in Vietnam expand and integrate in the global supply chain and facilitate Korean investment in Vietnam’s IT, high-tech, smart urban, renewable energy, transport infrastructure, and related subsidiary industries.