President Trần Đại Quang (R) receives Hyundai Motor Vice Chairman Chung Eui-sun in Hà Nội. — VNA/VNS Photo Nhan SángHÀ NỘI — President Trần Đại Quang yesterday asked the Hyundai group to support its Vietnamese partner in personnel training and technology transfer, and increase the localisation rate of its products made in Việt Nam. The RoK’s direct investment in Việt Nam is surging, exceeding US$3.1 billion in the first two months of 2017, he noted. Quang said he hoped that on the basis of the sound political ties and the Việt Nam-RoK FTA, Hyundai Motor would continue expanding investment in Việt Nam. Aside from stepping up investment and technology transfer, Hyundai Motor would further engage in social welfare projects in the country, Chung Eui-sun said.

Source: Viet Nam News March 29, 2017 03:11 UTC