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Posted : 2013-04-19 21:19
Updated : 2013-04-19 21:19

Vietnam's richest man visits Korea

By Park Ji-won

Do Quang Hien, chairman of Hanoi Joint Stock Commercial Bank, visited Korea to discuss economic cooperation between the two countries, the Korea Chamber of Commerce & Industry (KCCI) said, Friday.

Hien, who led a Vietnamese business delegation, participated in the "Korea-Vietnam Business Forum" held at the KCCI's headquarters in Seoul.

Hien, the richest man in the Southeastern Asian country, invited Korean firms to invest in his country, noting that the Vietnamese economy has grown 6 percent on average for the last five years.

"Korea-Vietnam Free Trade Agreements could greatly increase the trade between the two countries, which reached more than $20 billion last year. Business from both countries can find opportunities through stronger tie-ups," said Lee Dong-geun, vice chairman at KCCI.

Among the participants were 200 Vietnamese business leaders, including Hoang van dung, vice chairman of the Vietnam Chamber of Commerce and Industry, and 400 Korean business executives.

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