Korean firms fund social buildings in Hai Duong
Social facilities worth more than US$200,000 financed by nine enterprises from the Republic of Korea were handed over to authorities of the northern province of Hai Duong on December 24.
They were also partly funded by two enterprises in Hanoi and the Korea Trade-Investment Promotion Agency (KOTRA).
Meanwhile, other companies operating in the province including Huyndai KEFICO, Silkroad CNT, Michigan Hai Duong and Global MFG, also donated cash in support of poor Vietnamese children and patients and joined in efforts to protect the environment.
Speaking at the event, RoK Ambassador to Vietnam Jeon Dae-ju noted that the Korean firms will work harder to become part of Vietnamese society.
Deputy Chairman of the provincial People’s Committee Nguyen Duong Thai said the move is a manifestation of the Koreans’ sentiments towards their Vietnamese fellows.
He expressed hopes that the Korean firms will expand the outreach to more underprivileged groups in the country.
Since 2012, KOTRA and the RoK Embassy in Vietnam have jointly held conferences to engage Korean enterprises in corporate social activities.
Over US$125,000 in cash and kind was raised by 11 Korean companies at such event in the northern province of Vinh Phuc in 2012.
The RoK is now the third biggest foreign investor in Vietnam with over 2,900 firms pouring US$28.7 billion in Hanoi, Ho Chi Minh City and their neighbouring localities.