On the afternoon of July 14, Politburo member and Prime Minister Pham Minh Chinh received Mr. Masayuki Omoto, General Director of Marubeni Group, who is visiting and working in Vietnam.
Speaking at the meeting, emphasizing that few corporations have invested in Vietnam for up to 80 years like Marubeni, Prime Minister Pham Minh Chinh stated that by choosing Vietnam as a strategic basis, Marubeni's effective operations in recent times have contributed positively to Vietnam's socio-economic development such as increasing technology transfer, increasing export revenue, creating jobs and paying taxes to the state budget.
Sharing about Vietnam's recent efforts for innovation and reform, especially the revolution in organizational structure, the Prime Minister believes that Marubeni as well as foreign investors will feel the positive changes and benefit from this.
The Prime Minister welcomed Marubeni's investment expansion plan in Vietnam in the coming time; affirmed that the Vietnamese Government will always create all favorable conditions for foreign enterprises, including Japanese enterprises, to invest and do business effectively in Vietnam with the spirit of "harmonious benefits, shared risks".
Stating that there is a feasible legal mechanism and framework for large power projects such as LNG and offshore wind power, and that legal problems related to the O Mon II gas project have been resolved, the Prime Minister suggested that Marubeni continue to consider Vietnam as a strategic base for strategic investments, in the spirit of "looking beyond, thinking deeply to do big", especially expanding activities in the energy sector such as gas and offshore wind power to serve GDP growth, develop artificial intelligence, large domestic databases... and export electricity to ASEAN countries.
Along with that, cooperate with the National Coal - Mineral Industries Group to implement business activities and export coal to Japan; cooperate in the production of plant and animal varieties, building brands, processing and exporting Vietnam's key agricultural products such as coffee, rice, high-quality food; invest and develop industrial parks.
The Prime Minister suggested that Marubeni could open factories producing instant noodles, mochi, and pharmaceuticals in Vietnam to serve domestic and export needs. At the same time, support Vietnamese enterprises to participate in the group's global supply chain, train human resources, promote cooperation in science and technology, digital transformation, etc.
At the meeting, Mr. Masayuki Omoto highly appreciated the fact that Vietnam is implementing many strategic policies, the business environment is improving, creating more favorable conditions for investors.
Emphasizing that Vietnam is a very important market in terms of strategy and Marubeni will continue to contribute more to the development of Vietnam, Mr. Masayuki Omoto said that Marubeni plans to expand its operations in Vietnam in the coming time with high-quality investment, focusing on human resource training, including the O Mon II Gas Power Plant project, Quang Ninh LNG power plant project, wind power plant projects, solar power, Amata Ha Long City Industrial Park project, projects to build goods processing plants for export and smart urban projects in Hanoi and Ho Chi Minh City...
