VNA reported that on the afternoon of February 17, at the Government Headquarters, welcoming Mr. Nagao Yutaka, Chairman of Yamato Holdings Group (Japan) who are visiting and working in Vietnam, Prime Minister Pham Minh Chinh suggested that Yamato Holdings Group will invest in developing logistics centers in Vietnam.
Thanking Prime Minister Pham Minh Chinh for taking the time to meet, Mr. Nagao Yutaka said that Yamato Group is a leading transportation enterprise, accounting for about 46% of the market share of home delivery services in Japan, with 20 billion packages sent to each household each year. The group currently has more than 7,000 offices in 23 countries, with revenue of about 10 billion USD/year.
Mr. Nagao Yutaka said that the Group wishes to invest in building a professional driver training center in Vietnam; establish an AI laboratory to research and apply AI and information technology to the transportation industry... thereby providing human resources and technology in the transportation industry for both Vietnam and Japan.
Prime Minister Pham Minh Chinh highly appreciated the Group's projects that are currently being coordinated, researched and implemented with FPT Corporation, and believed that these projects will actively contribute to the development of Vietnam's logistics industry, as well as the friendly and cooperative relationship between Vietnam and Japan.
Stating that Vietnam has many potential and advantages in developing transportation and logistics, with a market of 100 million people, and is a country with the world's leading e-commerce development, and has set a double-digit growth target in the coming years, the Prime Minister suggested that Yamato Holdings actively coordinate with Vietnamese enterprises, especially FPT Corporation, to apply the most advanced technologies to improve competitiveness and sustainable development in the Vietnamese transportation industry on a larger scale and at a faster pace.
The Prime Minister suggested that in the coming time, Yamato Holdings should strengthen and expand its investment and business activities in Vietnam, not only in the transportation sector, but also in areas where the group has strengths such as logistics, finance, insurance, information technology; cooperate, support, and transfer technology with Vietnamese partners, helping Vietnam participate more deeply in the regional and world supply chain.
Yamato Holdings supports attracting investment in Vietnam's logistics industry, continuing to promote capital flows to support development, green finance and investment from Japan to Vietnam; increasing support, providing scholarships, cooperating with training institutions to train high-quality human resources for Vietnam, especially to meet the needs of the logistics industry in the future. At the same time, the group is considering opening logistics centers in Vietnam, such as logistics areas in Bac Ninh or Bac Giang, around Gia Binh Airport.
Appreciating Vietnam's development potential and prospects, Chairman of Yamato Holdings said that along with training human resources, applying technology, digital transformation, data science, artificial intelligence to develop the transportation and logistics industry in Vietnam, Yamato Group will research and cooperate with Vietnamese partners to expand investment in developing industries to serve the development of Vietnam's semiconductor ecosystem and industries and fields as proposed by the Prime Minister.
