HCMC – South Korea’s SK Group is planning new investments in Vietnam’s energy, agriculture, and logistics sectors, chairman Chey Tae-won said during a meeting with Prime Minister Pham Minh Chinh on February 14.
Chey, who also serves as chairman of the Korea Chamber of Commerce and Industry (KCCI), highlighted Vietnam’s rapid economic growth and increasing energy demand as key factors driving SK Group’s interest in the country. The company is exploring opportunities to support and collaborate on Vietnam’s sustainable development.
He noted that SK Group’s priority investment areas include energy, agriculture, logistics, warehousing, and artificial intelligence.
He proposed developing LNG-fired power plants as part of a broader strategy to develop new energy centers. These power generation centers would integrate artificial intelligence, logistics, hydrogen energy, eco-friendly agriculture, and innovation.
SK Group is also seeking collaboration with Vietnam’s National Innovation Center (NIC) through workforce training programs and research on hydrogen and artificial intelligence. The company plans to organize economic and academic forums in Hanoi, bringing together South Korean experts to foster knowledge exchange.
Prime Minister Pham Minh Chinh welcomed SK Group’s proposals, emphasizing that the Vietnam-South Korea comprehensive strategic partnership continues to strengthen, with increasing cooperation in business and investment.
He reaffirmed Vietnam’s ambitious economic growth targets—at least 8% in 2025 and double-digit expansion in the future—supported by institutional reforms, infrastructure development, and workforce training.
Chinh encouraged SK Group to invest in key areas such as AI, database infrastructure, logistics, clean energy—including nuclear, LNG, wind, solar, and hydrogen—as well as sustainable agriculture and human resource development.
He also expressed hopes that SK Group would facilitate financial support, technology transfer, and workforce training while helping Vietnamese businesses integrate into the company’s global supply chains, particularly in semiconductor packaging and testing.
SK Group, one of the world’s top 100 multinational corporations, has invested around US$3.5 billion in Vietnamese businesses across various industries, according to the Vietnam News Agency.
