Well-known Chinese news site Sina (NASDAQ: SINA) recently reported that, according to Korean media, the heads of the four major Korean manufacturing enterprises will jointly visit France and Vietnam at the end of June. These major Korean business leaders including Lee Jae-yong, chairman of Samsung Electronics, Chey Tae-won, chairman of the SK Group, Chung Eui-sun, chairman of the Hyundai Motor Group, and Koo Kwang-mo, chairman of the LG Group, will attend the publicity campaign event in Paris for the 2030 Busan World Expo bid. Afterwards, the business leaders will fly to Hanoi, Vietnam to attend the Korea-Vietnam Business Forum and other activities to explore ways to strengthen bilateral economic cooperation. It is reported that Shin Dong-bin, chairman of Lotte Group, may also attend the event together with the other four leaders. At present, Vietnam has attracted investments from 142 countries and regions, among which South Korea’s total investment in Vietnam has reached US$81.3 billion, becoming Vietnam’s largest foreign investor.
Source: Sina, Jun 2, 2023