Kangwon Land Group to Invest US$6 Billion in Vietnam

Vietnam President Nguyen Minh Triet met with Mr Cho Ki Song, General Director of South Korea’s Kangwon Land Inc, on September 18.

 

President Triet affirmed with the group that Vietnam will clarify its policies and regulations to facilitate foreign investors doing business in Vietnam. Vietnam’s ministries and related bodies are also ready to provide assistance to foreign investors to effectively operate in Vietnam.

South Korea’s Kangwon Land Inc Group is planning to invest in Thanh Da peninsula in Ho Chi Minh City, with total pledged capital up to US$6 billion, including a 90-storey twin tower, a luxury entertainment zone, and a golf course.