Prime Minister Pham Minh Chinh and SK Group Chairman Chey Tae-won, Hanoi, February 14, 2025. (Photo: VGP/Nhat Bac)

The SK Group, a diversified conglomerate with a market capitalisation of nearly 200 billion USD, ranks second in the Republic of Korea and among the top 100 corporations globally. It has already invested around 3.5 billion USD in Vietnam.

During a reception in Hanoi on Friday for SK Chairman Chey Tae-won, PM Chinh encouraged the group to continue its consultation, support, and investment in such critical sectors as artificial intelligence (AI), data centres, transportation, logistics and energy infrastructure, and green and clean agriculture.

He also sought SK’s financial support, technology transfer, human resource training, aiming to link Vietnamese firms with its global value chains.

Chairman Chey, who is also Chairman of the Korea Commerce of Commerce and Industry (KCCI), proposed the building of large-scale liquefied natural gas (LNG) power plants in Vietnam, which would pave the way for new energy centres linked to AI, logistics, hydrogen energy, eco-friendly agriculture and innovation.