Prime Minister Nguyen Xuan Phuc (R) receives Chairman of Lotte Group Shin Dong-bin in Hanoi At a reception for Chairman of Lotte Group Shin Dong-bin in Hanoi on December 4, PM Phuc expressed his hope that cooperation and investment between the two nations’ firms in Vietnam, including Lotte Group, will deepen the Vietnam-RoK strategic cooperative partnership. Appreciating Lotte Group’s various ongoing projects in Vietnam over the years, PM Phuc urged the group to invest in manufacturing projects in Vietnam, and persuade RoK leaders to boost the import of Vietnamese goods, especially farm produce. He told his guest that Vietnam is encouraging the development of start-ups and up to 3,000 projects, including 100 innovative ideas, have so far received financial support from foreign investors. Phuc said he hopes Lotte Group would support the growth of Vietnamese start-ups by setting up a fund to support young business hopefuls in Vietnam. He pledged that he will redouble efforts to realize the Vietnamese PM’s idea of a start-up fund for Vietnamese youths in the near future. With regard to the export of Vietnam’s goods, he said that since 2011, Lotte has constantly held fairs of Vietnamese products in the RoK, and will continue to partner with the Vietnamese side to launch the event, adding that Lotte Group is also paying attention to talent development and is investing in a number of start-up projects in Vietnam.