Deputy PM pledges to facilitate operations of Hong Kong groups

Meeting leaders of Swire Pacific, Jardine Matheson and Golden Resource Development (GR), Binh spoke highly of their operations in Vietnam, and affirmed that the Vietnamese Government is always committed to supporting and creating all possible conditions for foreign investors, particularly those from Hong Kong, to do long-term business in the country.

Permanent Deputy Prime Minister Nguyen Hoa Binh (right) and the leader of Golden Resource Development (GR)

At the meeting with Swire Pacific CEO Tim Blackburn, the Deputy PM appreciated the group’s continuous expansion in Vietnam, and expressed his support for the investment, business and operation plan of aircraft maintenance areas sketched out by its subsidiary company HAECO in Vietnam.

He suggested Swire Pacific and HAECO step up operations in the aviation and beverage industries in Vietnam.

Blackburn lauded Vietnam as the fastest-growing economy in the region with an open investment environment and foreign policy, which have helped raise confidence among foreign firms, including Swire Pacific.

Swire Pacific wants to expand investment in such fields as aviation, real estate, and operating aircraft maintenance areas at major airports in Vietnam, he noted.

At the reception for Group Managing Director of Jardine Matheson John Witt, Binh suggested the company expand investment in the areas of its strength and Vietnam’s demand like investing in big enterprises, developing financial centres, innovation, digital transformation, and high technology.

For his part, Witt highly valued Vietnam’s economic prospects and investment opportunities, along with its open and stable investment environment, saying the Southeast Asian nation has been the group’s top priority in the region.

Jardine Matheson will expand its investment in Vietnam in renewable energy, finance, and the building of high-quality hotels, among other spheres, he added.

At the meeting with Laurent Lam Kwing Chee, Group Executive Chairman of GR, Binh lauded the group and its Circle K for their expansion in logistics, contributing to the development of the supply chain in Vietnam.

Chee said GR is stepping up its import of Vietnamese rice, and it plans to inject more capital into logistics centres, thus enhancing the supply chain in the country.

He also suggested the Vietnamese Government pay more attention to rice promotion, and invest more in infrastructure to reduce logistics costs.

Binh pledged that Vietnam will facilitate the group’s investment in a number areas of its strength.