Vietnamese NA pledges favorable legal framework for foreign investors

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(VOVWORLD) - National Assembly (NA) Chairman Vuong Dinh Hue received Chief Financial Officer (CFO) of Samsung Park Hark Kyu in Hanoi on Wednesday.
Vietnamese NA pledges favorable legal framework for foreign investors - ảnh 1National Assembly (NA) Chairman Vuong Dinh Hue received Chief Financial Officer (CFO) of Samsung Park Hark Kyu in Hanoi on Wednesday (Photo: VOV)
The NA Chairman affirmed that the Vietnamese legislature supports and is willing to create favorable legal corridors for investment, production and business of domestic and foreign businesses, including Korean firms and Samsung in particular.
Projects implemented by the Samsung Group of the Republic of Korea (RoK) in Vietnam have contributed to shifting economic structure, promoting exports, developing supporting industry, and generating jobs in the country,
The Vietnamese top legislator highly valued the rapid disbursement progress of the projects, saying this has helped promote socio-economic development in Vietnam.
Hue congratulated Samsung Vietnam on its business results over the first three quarters of 2023, with revenue of over 48 billion USD and export turnover of about 42 billion USD, making a significant contribution to Vietnam's import-export value.
The upgrade of bilateral relations to a comprehensive strategic partnership in December last year has opened strong cooperation opportunities between Vietnam and the RoK, he stressed.
Park Hark Kyu said he is impressed by Vietnam’s economic growth in recent times.
He highly evaluated the business climate of Vietnam, saying that the active and effective support by the Vietnamese side has helped Samsung overcome difficulties and challenges in recent times.
The Samsung CFO desired that the Vietnamese legislative body, and its Chairman personally will continue to pay attention to and provide favourable conditions Samsung’s activities.
He promised that Samsung will continue accompanying Vietnam in its development in the future.

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