Korean businesses honoured for social responsibility

(VOV) -An awards ceremony was held in Hanoi, on December 4 to honour outstanding Korean businesses for their commitment to social responsibility.

This event, the third of its kind co-organized by the Republic of Korean Trade-Investment Promotion Agency (KOTRA), the Korean Embassy in Vietnam and the Ministry of Planning and Investment (MPI), is expected to highlight outstanding operations of Korean firms, affirm fair competitive business environment in Vietnam, and promote bilateral trade ties.

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Six Korean firms were honoured for their contributions to improving living conditions of local people. They were praised for applying environmentally friendly technology and promoting energy efficiency during their operations in Vietnam.

The event also included a job fair, with the participation of nearly 70 local and Korean firms who offered over 500 employment opportunities.

Korean ambassador to Vietnam Jeon Dae Juurged Korean firms to invest more in Vietnam and contribute to strengthening future bilateral trade ties.

He added that the awarded Korean businesses bring a great source of pride to their home country.

Thanks to its incentive policies and simplified procedures, Vietnam attracted 2,695 Korean investors by September 2013, with a total registered capital of over US$16 billion. Vietnam is considered an ideal location for Korean culture, art and culinary products.