A South Korean Investor's Successful Return: A Testament to Enduring Trust in the Kizuna Industrial Community
Mr. Lee Hyeonwook's Renewed Partnership with Kizuna Marks a New Chapter
Mr. Lee Hyeonwook's engagement with Kizuna JV commenced in 2019 with the establishment of a factory dedicated to the production and processing of metal tubes. After two years of operation, facing business challenges, Daehan Industry (his initial venture) made the difficult decision to return the workshop. Demonstrating a deep understanding of the concerns faced by Foreign Direct Investment (FDI) clients investing in Vietnam, Kizuna JV facilitated the early contract termination process, ensuring a convenient, swift, and transparent refund of the security deposit.
On March 6, 2025, the Kizuna business community enthusiastically welcomed the return of Mr. Lee Hyeonwook and Ms. Shin Kyungmi with a new investment project – Masan Vina Company Limited. This new facility, focused on the manufacturing and processing of plastic packaging products and tarpaulins, is poised for growth alongside more than 20 other garment enterprises within Kizuna JV's diverse industrial ecosystem.
Mr. Truong Nhan The - Business Director, Kizuna JV Corporation and Ms. Shin Kyungmi – Director, Masan Vina Company Limited
Workshop Lease Agreement signing ceremony between Kizuna JV Corporation and Masan Vina Company Limited
"The rationale for our return to Kizuna JV is unequivocal – they function not merely as a lessor but as a genuine business partner," Mr. Lee shared during the signing ceremony. "When our initial venture encountered difficulties, the Kizuna team provided invaluable assistance, enabling us to conclude the contract without administrative impediments. This 'risk-free termination' policy represents a value proposition difficult to find elsewhere in Vietnam. Consequently, when this new opportunity emerged, we did not hesitate to return to Kizuna."
Why Kizuna JV Continues to Be the Preferred Choice for South Korean Investors
One of the significant hurdles frequently encountered by South Korean investors in Vietnam involves language barriers and the complexities of local regulations. Kizuna JV effectively eliminates these obstacles by offering comprehensive support services in Korean, thereby empowering investors to concentrate fully on their core business activities.
"Kizuna JV's unwavering support in legal and specialized services was instrumental in our decision to establish our new venture here," Mr. Lee remarked at the signing. "The dedicated team of professionals at Kizuna JV ensures our operations proceed smoothly, allowing us to maintain focus on our primary production and business activities."
Kizuna JV Corporation staff providing dedicated support to Korean clients.
Workshop handover ceremony between Kizuna JV Corporation and Masan Vina Company Limited
Kizuna JV extends its best wishes to Masan Vina Company Limited for rapid and substantial success. We remain steadfast in our commitment to supporting their enterprise, aligned with our broader objective of attracting and further expanding the community of Japanese Small and Medium Enterprises (SMEs) to Kizuna.
Tangible Value Delivered by Kizuna:
- Up to 25% Faster Establishment Time: Reducing the setup period by approximately 45 days compared to average industrial parks.
- 54 Successful South Korean Enterprises: Currently operating within Kizuna, fostering an open and collaborative community that drives mutual growth.
- Founder's Expertise: Leveraging over 40 years of experience in industrial real estate development.
- Dedicated Korean Language Support: Providing a business environment free from language barriers, enabling clients to focus entirely on core operations.
Discover how Kizuna JV can facilitate your business growth in Vietnam. Contact us today at +84 272 3900 191 or visit https://www.kizuna.vn/en/contact to learn more about Kizuna JV's comprehensive Serviced Factory solutions.
Schedule a complimentary consultation and site tour: https://www.kizuna.vn/en/workshop-rental-planning