As many as 2,900 Korean companies are operating in Hanoi, Ho Chi Minh city and surrounding localities. In the last few years, they have actively participated in social development programs along the nation, and are highly appreciated by the society.
Since 2012, KOTRA and the Korean Embassy in Hanoi have co-hosted CSR meetings, hoping to attract Korean companies to be involved in CSR projects/programs. CSR meeting 2012 in the northern province of Vinh Phuc saw the participation of 11 companies, totalling over USD125,000 in capital and products.
According to Nguyen Duong Thai, Standing deputy Chairman of Hai Duong provincial People’s Committee, Korea ranks 6th in the list of nations and territories investing to the province, with registered capital of around USD340 million, mainly in the fields of textile, footwear, electronic devices, and automobile installation. In the last years, Hai Duong province always creates the most favourable conditions for foreign investors in general and Korean investors in particular, considering them as “local citizens” for its common socio-economic development.
This year, eleven Korean partners including Hai Vina, Careson, ShinT BVT, POSCO VNPC, Hyundai KEFICO, Silkroad CNT, SEES Vina, Michigan Hai Duong, Global MFG, SSV Vina, Seogwoo construction and KOTRA (in Hai Duong province and two in Hanoi) have pledged to provide about USD204,000 for CSR projects in Hai Duong province.
This financial source will be used for children and poor people healthcare, scholarship, cleaning the environment, assisting innocent victims of the recent fire of Hai Duong trade centre, and transfering warm clothes for needed households. Of which, Hai Vina company pledged USD121,000 for the construction of 27 charitable houses, and Careson provided a USD20,000-spinal disease machine.
Korean Ambassador to Vietnam, Mr Jeon Dae Ju shared that Korean companies will continue their CSR in the nation, hoping to become a “real member” of the society. CSR meeting 2014 is expected to see more contributions from companies through various sectors and projects./.