Im Jindal, CEO of HS Hyosung Advanced Materials, attended the '80th anniversary of Vietnam's National Day' and '33rd anniversary of Korea-Vietnam diplomatic relations' event held at the Lotte Hotel in Jung-gu, Seoul, on the 29th of last month.

According to HS Hyosung Advanced Materials on the 1st, CEO Im met with Vu Ho, the Vietnamese ambassador to Korea, at the event to discuss economic cooperation between the two countries and investment plans in carbon fiber and other businesses.

Im Jin-dal, the CEO of HS Hyosung Advanced Materials (left), attends the '80th Anniversary of Vietnam's National Day' and '33rd Anniversary of Korea-Vietnam Diplomatic Relations' event held at Lotte Hotel in Jung-gu, Seoul on the 29th of last month, taking a commemorative photo with Vu Ho, the Vietnamese Ambassador to Korea. / Courtesy of HS Hyosung Advanced Materials

Vietnam is one of the overseas expansion regions for HS HYOSUNG. Since its first entry into Vietnam in 2007, HS HYOSUNG has invested approximately $4.6 billion and employs more than 10,000 local staff. Additionally, it has established production bases in Dong Nai, Ba Ria-Vung Tau in southern Vietnam, and Quang Nam in central Vietnam, where it produces high-performance tire cords, technical yarns, carbon fibers, and other advanced materials. HS HYOSUNG's annual revenue in Vietnam is about $3.5 billion.

CEO Im noted, "Vietnam plays a pivotal role in HS HYOSUNG's global supply chain and future growth strategy," adding, "I expect this discussion will further strengthen the cooperative relationship between the two countries."

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