On the 18th, the Korea Teachers’ Credit Union and Vinpearl, a hotel and leisure company in Vietnam, announced that they signed a business agreement to develop the “Long Stay program.”

Vinpearl is Vietnam’s No. 1 hotel operator with a wide range of accommodations catered to each of its customers. It possesses luxury resorts, hotels, and leisure facilities (amusement & safari parks, golf courses…) in major vacation spots like Halong Bay, Da Nang, Nha Trang and Phu Quoc.

Main stakeholders such as Sung-Soo Cha, the Chairman of the Korea Teachers’ Credit Union, and Mr. Le Khac Hiep, the Vice Chairman of Vingroup, attended the agreement ceremony.

Through this agreement, the Korea Teachers’ Credit Union aims to increase member satisfaction and promote social value by providing new welfare services, and expects to create synergy from the alliance.

Sung-Soo Cha, the Chairman of the Korea Teachers ‘Credit Union, mentioned that “the Korean Teachers’ Credit Union is making an effort to fulfill its role as a welfare institution” and that they “will continue to expand membership service programs, like LongStay, that reflect changes in the social environment.”