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Huyndai steps up investment and technology transfer

by VTV429 March 2017 Last updated at 07:54 AM

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Huyndai steps up investment and technology transfer
President Tran Dai Quang (R) receives Hyundai Motor Vice Chairman Chung Eui-sun in Hanoi.- VNA/VNS Photo Nhan Sang
VTV.vn - State President Tran Dai Quang received Hyundai Motor Vice Chairman Chung Eui-sun in Hanoi on Tuesday, asking the group to support its Vietnamese partner in personnel training and technology transfer, and increase the localization rate.

He reiterated that Vietnam was open to and creates all possible conditions for foreign firms, including those from South Korea, to do long-term business.

Chung Eui-sun attributed South Korea's soaring direct investment to Vietnam's appropriate policies and effective assistance.

Aside from stepping up investment and technology transfer, Hyundai Motor will further engage in social welfare projects in Vietnam.