SK Group Chairman Chey Tae-won has revealed the conglomerate's plans to invest billions of dollars in Vietnam, focusing on energy projects like LNG infrastructure, hydrogen energy, and small modular nuclear reactors. The projects aim to boost Vietnam's socio-economic development, enhance energy security, reduce CO2 emissions, create jobs, and improve the trade balance with global partners. SK Group's investments are expected to span across Vietnam's northern, central, and southern regions, with potential sites in various areas including Nghi Sơn-Quỳnh Lập, Cà Ná, and the Mekong Delta. Additionally, South Korea has reclaimed its position as the top foreign investor in Vietnam, with major companies like Samsung and LG making significant investments in the country. Samsung alone has invested over $23 billion in Vietnam and plans to establish the country as a key production hub for its next-generation displays. Other Korean giants like Hyosung, Amkor, and Hana Micron are also expanding their investments in Vietnam, driven by the favorable investment environment, skilled labor force, and strategic location that the country offers. The strong development of key industries in Vietnam such as electronics, textiles, footwear, and automobiles has increased the country's position on the global manufacturing map, making it an attractive destination for investors. Korean investors, in particular, benefit from Vietnam's skilled and low-cost labor force, deep integration into global value chains, and enhanced competitiveness in the regional and international markets. Vietnam continues to attract foreign investments, signaling positive economic growth and strengthening bilateral ties between Vietnam and South Korea.