PM hosts Japanese multi-industry firm's chairman
The Vietnamese Government leader praised effective investment projects by Mitsui & Co in Việt Nam, highlighting their contributions to Việt Nam's socio-economic development and relations between the two countries.
Prime Minister Phạm Minh Chính (R) shakes hands with Chairman of Mitsui & Co., Ltd of Japan Tatsuo Yasunaga. — VNA/VNS Photo |
Chính reaffirmed the Vietnamese Government's commitment to supporting and creating favourable conditions for Japanese businesses in general and Mitsui & Co in particular to conduct effective and sustainable investment and business activities in Việt Nam based on the principles of "harmonising interests and sharing risks," and "working together, winning together, and benefiting together”.
For his part, Yasunaga said as major multi-industry investment, business, and trading conglomerate of Japan, Mitsui has invested 22 projects worth about US$1 billion in Việt Nam, especially in mineral resources, energy, equipment, and textiles. Among these, the Block B gas-electricity project totaled over $700 million.
He expressed his hope to continue receiving PM Chính's attention and guidance for the project. He also called for support for expanding Mitsui's investment and business into other areas in Việt Nam, such as farming, processing and export of aquatic products; pelletised wood production and export; as well as human resources training and labour cooperation.
The PM appreciated efforts of Mitsui, and its joint venture partners in implementing the gas-electricity project, highlighting its importance to Việt Nam's socio-economic development goals.
He committed to supporting Mitsui in successfully collaborating and investing in the project, suggesting Mitsui work with the Việt Nam Oil and Gas Group to speed up the project's implementation, towards extracting the first gas streams by December 31 next year. He said he hopes that Mitsui will co-operate with Vietnamese partners in producing wind turbines and implementing offshore wind projects.
Welcoming and encouraging Mitsui to expand its investment in Việt Nam into areas such as aquaculture and aquatic product processing, forestry, biomass energy development, human resources training, and labour cooperation, the PM asked the Japanese firm to invest in building a feed mill, broaden its business activities in Việt Nam in sectors of its strength; collaborate, support and transfer technology and management experience with Vietnamese partners to help them become more deeply involved in regional and global supply chains.
The firm should support attracting investment in energy transition in Việt Nam; increase scholarships and partner with educational institutions to train high-quality human resources for the Southeast Asian nation, the leader said.
See also
Bac Ninh leads nation in FDI attraction in nine months
18:05 | 09/10/2024 FDI
Bến Tre to unlock potential for investment attraction
10:10 | 07/10/2024 FDI
Foreign capital influx permeates southern real estate market
10:06 | 06/10/2024 FDI
Foreign investment surpasses 24.78 billion USD in nine months
09:27 | 04/10/2024 FDI
Brescia province's business community interested in Vietnamese market
09:16 | 04/10/2024 FDI
Long Son Petrochemicals complex starts commercial operation
15:14 | 03/10/2024 FDI
See more news
Deli Group breaks ground for 270 million USD stationery factory in Hai Duong
18:27 | 29/09/2024 FDI
SpaceX plans to invest US$15 billion in Vietnam
09:23 | 26/09/2024 FDI
Andre De Jong appointed as managing director of Bosch Vietnam
17:24 | 25/09/2024 FDI
Vietnam remains bright spot in foreign investment attraction in ASEAN
15:26 | 20/09/2024 FDI
Hanoi capitalises on advantages to attract FDI
10:26 | 13/09/2024 FDI
Deputy PM pledges to facilitate operations of Hong Kong groups
16:13 | 10/09/2024 FDI
Việt Nam attracts nearly US$21 billion in FDI in eight months
15:16 | 09/09/2024 FDI
Efforts underway in Bắc Giang to create more favourable business environment
10:24 | 06/09/2024 FDI
Japanese investors pour over 1.3 billion USD into Ha Nam
14:49 | 03/09/2024 FDI
Dong Nai province’s foreign investment surges by 34%
17:59 | 01/09/2024 FDI
Ca Mau Province accelerates public investment disbursement
17:29 | 11/10/2024 Investment
East Asian Summit calls for cooperation to enhance mutual understanding
17:22 | 11/10/2024 Cooperation
PM attends 12th ASEAN-US Summit in Vientiane
17:18 | 11/10/2024 News and Events
Vietnam ready to turn off 2G service
16:34 | 11/10/2024 Science - Technology
WTO highlights Vietnam’s role in restructuring of global supply chains
14:37 | 11/10/2024 Trade
Multimedia
Hanoi Liberation: Important milestones
15:39 | 09/10/2024 Infographic
Vietnam makes active contributions to ASEAN development
09:15 | 09/10/2024 Infographic
France becomes Vietnam's 8th Comprehensive Strategic Partner
08:57 | 08/10/2024 Cooperation
Two historic battles of the capital’s armed force and people
09:53 | 07/10/2024 Infographic
Numerous cultural, tourism activities to welcome 70th Hanoi’s Liberation Day
10:43 | 05/10/2024 Infographic
Multiple laws under review for revisions
08:55 | 11/10/2024 Policy
Top leader attends Hà Nội's Liberation Day anniversary, highlights potential to drive growth
20:31 | 10/10/2024 Policy
Vietnam, Cuba bolster defence cooperation
16:36 | 10/10/2024 Policy
NA urges capital market revitalisation
20:15 | 09/10/2024 Policy
MoIT approves price framework to purchase electricity from Laos
08:38 | 11/10/2024 Energy
Foreign investors interested in green development, semiconductor industry in Vietnam
17:34 | 09/10/2024 Industry
Việt Nam seeks Japan's cooperation in hydrogen energy development
14:33 | 09/10/2024 Energy
Việt Nam's industrial production saw positive growth in nine months
14:20 | 08/10/2024 Industry
Ca Mau Province accelerates public investment disbursement
17:29 | 11/10/2024 Investment
HCM City approves US$9b Cần Giờ coastal urban development project
10:04 | 11/10/2024 Investment
Bac Ninh leads nation in FDI attraction in nine months
18:05 | 09/10/2024 FDI
Total social investment capital disbursed in nine months up 6.8%: GSO
14:41 | 08/10/2024 Investment
PM urges WB to provide concessional loans for key infrastructure projects
08:52 | 11/10/2024 Finance-Banking
DIC Corp completes buyback of $18.6 million in bonds
09:25 | 10/10/2024 Finance-Banking
Update on exclusive partnership between Manulife Vietnam and Techcombank
14:52 | 08/10/2024 Finance-Banking
VPBank, LOTTE C&F cooperate to provide financial service with “Buy now pay later” product
09:31 | 07/10/2024 Finance-Banking
Leveraging power of community to protect unique Yok Đôn ecosystem
14:49 | 09/10/2024 Environment
Little cooperation from zoo operators in mass deaths of tigers, lions, panther: authorities
09:18 | 08/10/2024 Environment
Issuing “passports” for forest visits
22:12 | 05/10/2024 Environment
Vietnam’s forestry sector leads in achieving net negative emissions
09:16 | 04/10/2024 Environment
Vietnam ready to turn off 2G service
16:34 | 11/10/2024 Science - Technology
Digital infrastructure strategy approved
09:50 | 11/10/2024 Science - Technology
Vietnam, India seek further development through sci-tech cooperation
09:46 | 11/10/2024 Science - Technology
Digital transformation creates new momentum for national development
16:35 | 10/10/2024 Science - Technology
Implementation of Red River Delta Region Planning approved
09:00 | 11/10/2024 Society
Nine Vietnamese universities make global rankings 2025
17:05 | 10/10/2024 Society
Hanoi develops as dynamic, pioneering, innovation city: Int’l media
11:33 | 10/10/2024 Metropolis
Hà Nội's remarkable transformation after 20 years
11:25 | 10/10/2024 Metropolis
Fifteen Vietnamese banks named in the global top 500 banking brands
16:24 | 10/10/2024 Vietnamese Brands
Việt Nam's second rice brand enters picky Japanese market
09:03 | 10/10/2024 Vietnamese Brands
Ben Tre to export first batch of fresh coconuts to China in October
09:41 | 08/10/2024 Vietnamese Brands
Mê Linh harnesses the potential of OCOP products
09:36 | 07/10/2024 Vietnamese Brands
Việt Nam promotes location opportunities at Busan International Film Festival
09:41 | 11/10/2024 Culture
Hanoi – World’s Leading Culinary City Destination
16:15 | 10/10/2024 Lifestyle
Pride and patriotism: the ‘expat’ view
09:19 | 10/10/2024 Culture
German Film Awards winner opens Kinofest in Hà Nội
09:16 | 10/10/2024 Culture
Hà Nội develops tour to explore Thường Tín’s craft villages
09:32 | 11/10/2024 Tourism
Vietnam Airlines promotes tourism in Germany
09:27 | 10/10/2024 Tourism
Việt Nam sees surge of tourists from visa-exempt countries in 2024
09:46 | 08/10/2024 Tourism
Cultural tourism requires more investment to become cultural industry
09:24 | 08/10/2024 Tourism