Korean entrepreneurs seek long-term partnerships with Hai Phong
The growing aspiration of Korean entrepreneurs to integrate into the Hai Phong community represents not only a strong vote of confidence in the city’s investment environment, but also the natural result of aligned interests and a shared vision for long-term development with the Port City.
Recently, at a Tet gift-giving event jointly organized by the Vietnam–Korea Friendship Association of the city, the Korean Business Association in Hai Phong, and the city’s Association for Victims of Agent Orange/Dioxin, Mr. Seog Myeong Gug, Chairman of the Korean Business Association in Hai Phong, shared that many Korean enterprises and entrepreneurs operating in the city wish to become an integral part of the Hai Phong community, joining hands in social welfare activities.
His remarks reflect goodwill and demonstrate the connection between the Korean business community and Hai Phong — the place they have chosen for long-term investment and development.
Korea is one of the leading foreign investors in Hai Phong, with more than 320 projects and total registered capital exceeding USD 15.4 billion. These impressive figures not only contribute to economic growth, job creation, and technology transfer, but also affirm the city’s stable and favorable investment environment. Hai Phong is steadily reinforcing its position as a dynamic, peaceful, and livable city — where the authorities accompany businesses, residents are friendly and open, and investors are welcomed in a spirit of cooperation and trust.
Yet the depth of this partnership lies not only in economic scale, but also in social integration. Thousands of Vietnamese workers are employed by Korean enterprises. Many Korean experts, entrepreneurs, and their families have chosen to reside long term in Hai Phong.
Therefore, the desire to integrate more deeply and to be recognized as members of the local society is a natural outcome for a community that has intertwined its interests and future with this land.
The gift-giving event for victims of Agent Orange/dioxin reflects not only corporate social responsibility but also respect the understanding of Vietnam’s historical and humanitarian values. It marks a shift from “investing in a market” to “investing in a community.”
In recent years, the Korean Business Association in Hai Phong has actively participated in numerous humanitarian and charitable activities, including disaster relief efforts and support for vulnerable groups. When businesses show care for local residents and work together to address social issues, they not only build reputation and brand value, but also contribute to fostering harmonious and stable relations — a foundation for sustainable development. Conversely, the trust and support of local communities serve as a vital source of motivation for enterprises to confidently expand production and grow their operations.
Hai Phong is on its journey to becoming a modern, civilized, and livable industrial city. On that journey, the companionship of the business community in general — and Korean enterprises in particular — not only provides economic resources but also helps build a humane, united, and compassionate society.
When businesses see themselves as “part” of the city, and the city regards businesses as trusted partners, the relationship will continue to grow stronger, more sustainable, and mutually beneficial.
Bui Hanh