“Let come to invest in Vietnam” is a strong message Chairman of South Korea’s Charmvit Group Lee Dae Bong sent to other investors following his successes in the country.
Lee said: “After years of investing in China and Vietnam, I found that the investment environment in Vietnam is very good. I always take advantage of every opportunity to introduce Vietnam to Korean investors and international friends.”
According to Lee, Vietnam has a wide range of advantages as compared with regional countries.
However, I’m not really pleased with Vietnam’s administrative procedures,” he added.
Charmvit is carrying out its largest project in the Southeast Asian country – the Grand Plaza complex – on Hanoi’s Tran Duy Hung Street. It comprises a 28-story first-class office tower, a 28-story five-star hotel and a 5-story trade center.
The complex is marked as one of the important projects to celebrate Hanoi’s 1,000th founding anniversary. The hotel component is scheduled for completion by the end of this month to welcome distinguished guests invited to the millennial celebrations.
“I have devoted all my heart and mind to the project, especially the Grand Plaza Hanoi Hotel because of its importance to capital city of Hanoi. We were selected among almost 40 international investors by the Vietnamese Government,” he stressed.
Featuring 620 rooms, including 107 VIP ones, the Grand Plaza Hanoi Hotel will help the city provide better accommodations for international delegates to the anniversary and the ASEAN Summit later this year.
Lee said he would pour more investment in Vietnam, considering it as a way to strengthen friendly and cooperative relations between the two nations.