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State-run financial firms still awaiting appointments of leaders

President meets Korea Credit Guarantee Fund leader

President Nguyen Xuan Phuc (R) welcomes Chairman and CEO of Korea Credit Guarantee Fund Yoon Dae-hee (Photo: VNA) President Phuc noted that the Republic of Korea (RoK) has been the largest investor in Vietnam, while trade between the two countries is expected to reach 100 billion USD next year and 150 billion USD in 2030, with RoK firms in Vietnam playing a significant role in realising the goals. He added that the success of Korean investors is a reliable channel to promote Vietnam’s investment environment and attract more investors to the country. The State leader hailed the fund’s opening of its representative office in Hanoi to support Korean firms, including small and medium-sized enterprises, in making investment, as well as its efforts to promote cooperation with Vietnamese authorised agencied in finance and credit. He noted that only around 600 Korean investors have operated in the northern provinces of Bac Ninh,  Bac Giang and Quang Ninh, far below the potential of coope

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