Shinhan Bank – Viglacera's new strategic partner in attracting FDI from Korea

Just a few days after signing an exclusive sales representative contract with Japan's Nippon Steel Corporation, Viglacera Real Estate Company continued to expand its international sales network by signing a Memorandum of Understanding (MoU) with Shinhan Bank Vietnam, marking an important step in the strategy of attracting foreign investment, especially from Korean enterprises, into Viglacera's industrial park (IP) system.

The signing ceremony was honored with the participation of Mr. Ko Tae Yeon, Chairman of the Korean Business Association in Vietnam (Kocham). Viglacera has long established a close cooperative relationship with the Korean business community. The MOU with Shinhan continues to strengthen this foundation, at the same time, demonstrating the company's expectation to attract more investment capital from Korea.

For many years, Korea has always been the Company's key market. A series of large corporations from this country have chosen Viglacera's industrial parks as their destination, such as Samsung, Amkor Technology, Hyosung, Anam Electronics, Hana Micron, etc. Currently, the number of Korean customers in the industrial parks has exceeded 100, with a total investment capital of more than 12 billion USD.  

Shinhan Bank is one of the leading commercial banks in Korea, a subsidiary of Shinhan Financial Group (SFG), listed on the Korea Stock Exchange (KRX) and the New York Stock Exchange (NYSE). Established in 1897, Shinhan Bank has grown strongly and expanded its operations globally, with a presence in more than 20 countries, including the US, China, Korea, Vietnam, Indonesia, Singapore and many European countries. 

In Vietnam, Shinhan Bank started operating in 1993 and maintains its position as the largest foreign bank in terms of assets and network of operations with 54 branches and transaction offices spanning the North, Central and South. Not only providing financial services to businesses, Shinhan Bank also plays an important role in supporting Korean, Chinese and international FDI companies to expand their production facilities in Vietnam. With its reputation and extensive network of relationships, Shinhan Bank will accompany Viglacera in investment promotion programs in domestic and international markets. Through this cooperation, Shinhan Bank will support consulting, connecting and introducing businesses with land leasing needs to Viglacera's industrial parks, contributing to attracting more foreign investment capital into Vietnam..

As for Viglacera, this is also the leading industrial park investor in Vietnam with more than 25 years of experience in developing industrial parks in a sustainable direction, attracting 20 billion USD in investment capital. 

The partnership between Shinhan Bank and Viglacera Real estate company is built on trust, respect and a shared strategic vision. The combination of expertise, resources, networks and determination of both parties will support Korean enterprises to easily invest in Vietnam. Through the Memorandum of Understanding, the two parties will expand and diversify customer segments, promote investment promotion activities, and attract Korean enterprises to build factories in Viglacera's industrial parks. 

The signing ceremony not only affirms Viglacera's leading position in the field of industrial park development but also contributes to strengthening the economic cooperation relationship between Vietnam and Korea. This is also a clear demonstration of Viglacera's efforts in attracting high-quality investment, promoting the sustainable development of Vietnam's industry in the future.  

Partners from Shinhan Bank Vietnam visited and worked at Viglacera Real estate company

For more information, please contact:

Viglacera Real Estate Company

Phone: (+84) 888 25 22 88 | Website: https://viglaceraip.com