KEF Chmn. Sohn Calls for Vietnam to Offer Support to Korean Companies

Chairman Sohn Kyung-shik of the Korea Enterprises Federation (KEF) and Chairman Phan Van Mai of the Ho Chi Minh City People's Committee and the mayor, on a visit to Korea, pose with attendees of a luncheon meeting of businessmen in celebration of Chairman Phan’s visit to Korea at Lotte Hotel in Jung-gu, Seoul, on Sept. 25. (Photo: Yonhap News Agency)

Chairman Sohn Kyung-shik of the Korea Enterprises Federation (KEF) on Sept. 25 called for Chairman Phan Van Mai of the Ho Chi Minh City People's Committee and the mayor, on a visit here, to provide full policy support Korean companies, such as resolving management complaints and grievances and tax reductions.

KEF Chairman Sohn made the remarks at a luncheon meeting of businessmen in celebration of Chairman Phan’s visit to Korea at Lotte Hotel in Jung-gu, Seoul.

Chairman Sohn said, “The governments of both countries have agreed to expand economic cooperation to achieve the goal of posting $150 billion in trade by 2030.”

Chairman Sohn demanded Vietnam help resolve complaints and grievances Korean businessmen experience to explore joint growth opportunities.

Korea emerged as the biggest investment country of the Vietnamese market by investing $73.65 billion as of 2021, defeating Japan and Singapore.

Both sides saw bilateral trade surge to $87.7 billion last year, on the 30th anniversary of the establishment of diplomatic ties, a 175-fold jump from $500 million in 1992.

The event was joint hosted by KEF, Ho Chi Minh City and Vietnamese Embassy to Korea. Among those on hand at the event were KEF Chairman Sohn, Chairman Phan of the Ho Chi Minh City People's Committee, Vietnamese Ambassador to Korea Nguyen Vu Tung, Hyungji Chairman Choi Byung-oh, Hyundai Motor Senior Executive Vice President Chung Sang-bin and LX Pantos President Choi Won-hyok.

CJ Group Achieves Outstanding Environment Management Outcomes

CJ Group saw all environment indices improve one year after the group came up with a roadmap for carbon neutrality.

The group is hitting the gas to put into practice ESG management by ramping up law-abiding and ethics management.

CJ Group saw greenhouse gas emissions vs. sales decline from 1.51t CO2eq/100 million in 2021 to 0.91t CO2eq/100 million last year.

The drop was outstanding, compared to a decrease of 0.011.51t CO2eq/100 million in 2021.

The group also saw energy consumption intensity vs. sales remain unchanged in 2021 compared to the previous year, but decline to 0.02TJ/100 million won last year.

CJ saw renewal energy consumption rise 5 percent to 1197TJ last year.

CJ Group saw waste emissions intensity remain at similar levels as last year, even though resort waste amounts were added.

CJ The Center, CJ Group headquarters in Jung-gu, Seoul. (Photo: CJ Group)