Prime Minister Pham Minh Chinh received Mr. Masayuki Omoto, General Director of Marubeni Corporation (Japan) - Photo: VGP/Nhat Bac
Marubeni is a leading investment and trading group in Japan, currently has 130 branches and offices in 68 countries worldwide, operating in most economic sectors with annual revenue of about 70 billion USD.
Marubeni has invested in Vietnam for 80 years, Marubeni Office in Vietnam was established in 1991. Marubeni's projects in Vietnam currently have about 7,500 Vietnamese employees, with total annual revenue of about 3 billion USD.
Marubeni has recently focused on important areas such as import and export of goods (coal, seafood, coffee, grains, petrochemical products); establishing joint ventures and mergers and acquisitions; building thermal power plants (11 plants have been built with a total capacity of 4,000 MW, including Nghi Son 2 Thermal Power Plant with a capacity of 1,200 MW) and industrial plants, food processing and textile factories.
Prime Minister Pham Minh Chinh stated that Marubeni's effective operations in recent times have made positive contributions to Vietnam's socio-economic development - Photo: VGP/Nhat Bac
At the meeting, Mr. Masayuki Omoto highly appreciated the fact that Vietnam is implementing many strategic policies, the business environment is increasingly improving, creating more favorable conditions for investors, especially the revolution of streamlining the apparatus, arranging administrative boundaries will help improve operational efficiency, simplify administrative procedures, shorten the licensing and decision-making process.
Emphasizing that Vietnam is a very important strategic market and Marubeni will continue to contribute further to Vietnam's development, 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, the Quang Ninh LNG power project, wind and solar power farm projects, the Amata Ha Long City Industrial Park project, projects to build factories processing goods for export and smart urban projects in Hanoi and Ho Chi Minh City...
Speaking at the meeting, emphasizing that few corporations have invested in Vietnam for 80 years like Marubeni, Prime Minister Pham Minh Chinh stated that by choosing Vietnam as a strategic base, Marubeni's effective operations over the past time have made positive contributions 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 in 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 plan to expand investment in Vietnam in the coming time - Photo: VGP/Nhat Bac
The Prime Minister assessed that the Vietnam-Japan relationship is at its best ever, the two economies have complementary strengths, Vietnam has a young population, abundant human resources, located in Southeast Asia, a growth center with a large market; this is an opportunity for Japanese investors in general and Marubeni in particular.
The Prime Minister welcomed Marubeni's plan to expand investment in Vietnam in the coming time; affirmed that the Vietnamese Government will always create favorable conditions for foreign enterprises, including Japanese enterprises, to invest and do business effectively in Vietnam in the spirit of "harmonious benefits and shared risks".
Stating that there are feasible mechanisms and legal frameworks for large power projects such as LNG and offshore wind power, and that legal issues related to the O Mon II gas-fired power project have been resolved, the Prime Minister asked Marubeni to continue to consider Vietnam as a strategic base for strategic investments, in the spirit of "looking far and wide, thinking deeply and doing big", especially expanding operations in the energy sector such as gas-fired power 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 Coal - Mineral Group to carry out business activities, export coal to Japan; cooperate in producing plant and animal breeds, building brands, processing, exporting Vietnam's strong agricultural products such as coffee, rice, high-quality food; invest and develop industrial zones. The Prime Minister suggested that Marubeni could open factories to produce instant noodles, mochi cakes, and pharmaceuticals in Vietnam to serve domestic demand and export.
At the same time, support Vietnamese enterprises to participate in the group's global supply chain, train human resources, promote scientific and technological cooperation, digital transformation, etc.
Thanking the Prime Minister for his opinion, the General Director of Marubeni Group said that he will make more efforts to implement specific projects with high added value in Vietnam in the fields suggested by the Prime Minister.
Ha Van
Source: https://baochinhphu.vn/thu-tuong-hoan-nghenh-tap-doan-marubeni-nhat-ban-mo-rong-dau-tu-chien-luoc-tai-viet-nam-102250714184538438.htm
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