Kim Ik-hwan, Vice Chairman of Hanse Industrial, Accompanies Yoon's Vietnam Economic Delegation

Attendance at Overseas Korean Meeting and Business Forum

Hansae Co., Ltd. announced on the 20th that Vice Chairman Kim Ik-hwan and President Kim Kyung will accompany President Yoon Suk-yeol as part of the economic delegation during his state visit to Vietnam from the 22nd to the 24th.

Kim Ik-hwan, Vice Chairman of Hansae Co., Ltd.
[Photo by Hansae Co., Ltd.]

Vice Chairman Kim and President Kim are scheduled to attend various events during this economic delegation visit, including a meeting with the Korean community, dinner meetings with accompanying businesspeople, and business forums, where they will discuss mutual cooperation plans with business leaders and officials from both countries.

Hansae Co., Ltd. operates 22 subsidiaries and 10 offices across 9 countries worldwide. Among them, it has 10 subsidiaries in Vietnam alone. The number of employees at the Vietnamese subsidiaries, including partner companies, reaches approximately 25,000. Last year, the scale of clothing exports produced by Hansae in Vietnam amounted to 1 billion USD (approximately 1.3 trillion KRW).

The company continues to make sustained investments in Vietnam, including establishing eco-friendly facilities at its factories. Over the past three years, Hansae has invested 24 million USD (approximately 30.54 billion KRW) in its Vietnamese subsidiaries.

Vice Chairman Kim stated, "Through this economic delegation visit, we expect to lay the foundation for business expansion by fostering partnerships with local Vietnamese companies and creating new business opportunities through mutual cooperation." He added, "Maintaining good relationships with local communities is crucial in operating overseas subsidiaries. As Hansae plans to build a new factory in Vietnam, we will strengthen localization policies to continue our reputation as the 'most desirable company to work for.'"

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