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| SK Group Chairman Chey Tae-won, left, shakes hands with Vietnamese Prime Minster Nguyen Xuan Phuc at the latter's residence in Hanoi, Thursday. Chey said SK will boost its investment in energy, information technology and infrastructure development in the rapidly growing Southeast Asia. / Courtesy of SK Group |
By Lee Hyo-sik
SK Group is preparing to boost its presence in Vietnam and other Southeast Asian nations by bolstering its partnership with local companies in information technology, energy and infrastructure development.
SK Group Chairman Chey Tae-won has been visiting the rapidly growing region since Nov. 20, meeting government officials, corporate leaders and scholars to discuss ways to boost business ties.
Korea's third-largest conglomerate said Friday Chey met Vietnamese Prime Minster Nguyen Xuan Phuc a day earlier and discussed SK's presence in the country.
"SK would like to create a win-win partnership with its Vietnamese counterparts so both sides can grow together in a sustainable manner," the company quoted the chairman as saying. "SK's knowhow and expertise in energy, information and communications technology (ICT) will help Vietnam nurture globally-competitive industries and attract foreign investments."
In response, the Prime Minister asked for SK's greater role in Vietnam's campaign to privatize public enterprises, support startups and nurture young talent, according to the group.
From Nov. 21-23, Chey also held met business leaders in Vietnam, including Nguyen Dang Quang, chairman of Masan Group, the nation's largest maker of consumer goods, and Truong Gia Binh, chairman of FPT Group, the biggest information technology service company.
The SK chief also visited Singapore from Nov. 20-21 and met heads of financial investment firms and corporate tycoons to gain greater insight into Southeast Asian economies.
"SK has long been present in Singapore and Vietnam, setting up a sizeable presence in the areas of natural resources development, refining, construction and trading," a SK Group spokesman said.
"We are now taking our business in Southeast Asia to the next level. We will bring our global partnering model, which has successfully taken roots in China, to Southeast Asia and write another success story there. SK will create a win-win business model with its partners," he said.
