Prime Minister meets with a number of major domestic and international investors investing in Nghe An

Attending the meeting were representatives of leaders of several central ministries and branches. On the side of Nghe An province, there were comrades: Nguyen Dac Vinh - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation; Thai Thanh Quy - Alternate Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Le Ngoc Hoa - Vice Chairman of the Provincial People's Committee.

Create all conditions for investors to succeed in Vietnam

Prime Minister Nguyen Xuan Phuc received Mr. Tetsu Funayama - President and General Director of Mitsubishi Corporation Vietnam. Mr. Tetsu Funayama said that the car assembly project in Nghe An was researched by this group 2 years ago.

Prime Minister Nguyen Xuan Phuc met with Mr. Tetsu Funayama - Chairman and General Director of Mitsubishi Corporation Vietnam. Photo: Thanh Cuong

At the Spring Ky Hoi Investor Meeting, Nghe An and Mitsubishi will sign a memorandum of understanding covering automobile assembly; in addition, there will be urbanization and healthcare sectors in which Nghe An has high potential. Mr. Tetsu Funayama hopes that the two sides will coordinate well to conduct feasibility studies in various fields, including the automobile sector.

In addition, the Chairman and General Director of Mitsubishi Corporation Vietnam also said that the group will research to promote investment projects in Vietnam, especially Nghe An, in the fields of infrastructure, retail, healthcare, and information technology.

Prime Minister Nguyen Xuan Phuc assessed Mitsubishi as a large, multi-industry, multi-field corporation and encouraged this enterprise to continue investing in Vietnam, especially in Nghe An.

Prime Minister Nguyen Xuan Phuc met with Mr. Tetsu Funayama - Chairman and General Director of Mitsubishi Corporation Vietnam. Photo: Thanh Cuong

Prime Minister Nguyen Xuan Phuc welcomed Mitsubishi Corporation Vietnam to sign a memorandum of understanding on cooperation with Nghe An, especially in the automobile sector. Emphasizing that this is a high-tech sector with high added value, the Prime Minister asked Mr. Tetsu Funayama to discuss with the group's leaders to soon realize the project in Nghe An.

In addition, the Prime Minister welcomed Mitsubishi's investment in many other fields and affirmed that the Government would create all conditions for Mitsubishi to succeed in Vietnam.

The Prime Minister received Mr. Huynh Quang Hai - Permanent Vice Chairman of VSIP Group Board of Directors, Co-Chairman of VSIP North and VSIP Central. Photo: Thanh Cuong

Next, the Prime Minister received Mr. Huynh Quang Hai - Permanent Vice Chairman of VSIP Group Board of Directors, Co-Chairman of VSIP North and VSIP Central.

Mr. Huynh Quang Hai reported to the Prime Minister the progress of VSIP Nghe An Industrial, Urban and Service Park, in which by December 2019, the Industrial Park will be 70% occupied and currently has 21 multinational investors, especially investors from Japan, Korea, Singapore, and Malaysia. VSIP is also carrying out procedures to invest in expansion in Nghe An.

Central and provincial leaders attended the meeting. Photo: Thanh Cuong

Prime Minister Nguyen Xuan Phuc praised VSIP and Nghe An province for their great efforts in site clearance, infrastructure construction and investment attraction with very specific results.

The Prime Minister also noted that VSIP pays attention to improving the quality of attracting investment projects to increase added value. Therefore, the company continues to focus on attracting large corporations such as those from Japan, Korea, and Singapore, while completing procedures and accelerating the implementation of project items at VSIP Nghe An.

Prime Minister Nguyen Xuan Phuc also received Mr. David Nardone - Vice President of WHA Group (Thailand), which is currently investing in WHA Hemaraj Industrial Park in Nghe An.

Prime Minister Nguyen Xuan Phuc also received Mr. David Nardone - Vice President of WHA Group (Thailand). Photo: Thanh Cuong

Mr. David Nardone said that WHA is a major investor in the industrial park infrastructure sector in Thailand and is bringing Thai businesses to invest in Nghe An; at the same time, he proposed a number of contents to the Prime Minister.

Emphasizing that Thailand is a major investor in Vietnam, Prime Minister Nguyen Xuan Phuc shared that this shows Vietnam's open investment environment; at the same time, he affirmed that the Government will create all conditions and a favorable and open investment and business environment on the basis of Vietnamese law, so that businesses can feel secure in investing.

Encouraging private economic groups to invest in Nghe An

Next, the Prime Minister received a delegation of leaders of large Vietnamese enterprises investing and doing business in Nghe An, including: BRG Group, Masan Group, Hoa Sen Group, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Joint Stock Commercial Bank for Industry and Trade of Vietnam (Vietinbank), FLC Group and Thien Minh Duc Joint Stock Company.

Prime Minister Nguyen Xuan Phuc met with leaders of domestic economic groups and banks investing and doing business in Nghe An. Photo: Thanh Cuong

Speaking to investors, Prime Minister Nguyen Xuan Phuc emphasized that besides foreign investors, domestic investors are very important; at the same time, he appreciated the efforts of domestic enterprises striving to invest and develop, especially in Nghe An.

Domestic investors have devoted their efforts, intelligence, and determination, especially in absorbing new and great science and technology from the world and Vietnam in management, operation, and investment.

The Prime Minister commended and appreciated the efforts, attempts and contributions of large corporations in recent years in Vietnam as well as their contribution to promoting the development of Nghe An.

Provincial Party Secretary Nguyen Dac Vinh reported on some key features of investment projects of major domestic economic groups in Nghe An. Photo: Thanh Cuong

The Prime Minister assessed that private enterprises are making increasingly important contributions to the country's development, and emphasized that the State encourages all economic sectors to develop strongly, especially Nghe An - a land of talented people and the homeland of Uncle Ho. The Party and the State always protect the property rights and civil rights of all enterprises and entrepreneurs.

Prime Minister Nguyen Xuan Phuc also praised the leaders of Nghe An province for actively implementing solutions to attract investment and develop the province's socio-economy.

Prime Minister Nguyen Xuan Phuc and leaders of several central ministries, branches, and provincial leaders took souvenir photos with leaders of domestic enterprises and banks investing in Nghe An. Photo: Thanh Cuong

On this occasion, Provincial Party Secretary Nguyen Dac Vinh reported on some main features of investment projects of large domestic economic groups in Nghe An at the meeting; at the same time, he hoped that ministries and branches would continue to facilitate procedures so that investment projects in the province could be completed soon.

Thanh Duy