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PM receives Japanese firm’s chairman

VGP - Prime Minister Nguyen Xuan Phuc in Ha Noi on April 1 received Chairman of Japan’s Maruhan Corporation Han Chang-woo.

April 02, 2019 10:02 AM GMT+7

PM Nguyen Xuan Phuc  receives Chairman of Japan’s Maruhan Corporation Han Chang-woo, Ha Noi, April 1, 2019

At the reception, the Maruhan Corporation chairman congratulated Viet Nam on its socio-economic achievements in recent times, and the successful organization of the second DPRK-USA summit which, he said, helped raise Viet Nam’s international profile.

He expressed his confidence that Viet Nam’s economy will continue to see positive development in the future, adding that his corporation wishes to intensify investment in Viet Nam and contribute to the country’s development. 

The Vietnamese economy has maintained stable growth in recent times, thus offering a good opportunity for investors as Viet Nam is an attractive market for foreign businesses with roughly US$40 billion worth of foreign investment poured into the country each year. 

The total foreign investment in Viet Nam in the first quarter of 2019 was 1.5 times higher than that of last year’s same period, he noted. 

In turn, Prime Minister Nguyen Xuan Phuc has affirmed Viet Nam’s readiness to offer favourable conditions for foreign investors, including those with great financial potential and modern management strength from Japan and the Republic of Korea, to do business in the country.

PM Phuc extended his thanks to the Chairman for his efforts to promote Maruhan’s investment in Viet Nam.

Mr. Phuc extolled Maruhan’s investment and business achievements in a wide range of fields such as banking, insurance, construction, food production, and entertainment services, saying that Viet Nam has mapped out a strategy on banking development till 2025 with a vision for 2030 towards spurring the country’s economic development. 

Viet Nam attributes great importance to foreign investors and desires to attract more foreign investment in the areas of its need, such as finance, banking, infrastructure, high-tech agriculture, and innovation, he said.

Viet Nam is making every effort to reach higher economic growth while maintaining a stable macro-economy and creating a secure and attractive investment environment for foreign investors, including Maruhan, the PM told his guest. 

By Vien Nhu