Marubeni to invest billions of USD in Vietnam
(VOVWORLD) - Marubeni Corporation will pour billions of USD into energy, processing, export, and infrastructure development projects in Vietnam in the near future, said President and CEO Kakinoki Masumi during a reception hosted by Prime Minister Pham Minh Chinh in Hanoi on Monday.
 Prime Minister Pham Minh Chinh (R) receives Marubeni Corporation's President and CEO Kakinoki Masumi in Hanoi on November 13, 2023. (Photo: VNA) |
Mr. Chinh said that Vietnam’s economy is recovering despite numerous challenges. Macroeconomic stability has been ensured, inflation controlled, growth accelerated, and major economic balances secured. Most Japanese businesses in Vietnam are successful and want to expand investment, PM Chinh noted.
Mr. Kakinoki said Marubeni has invested more than 593 million USD in Vietnam since 1991, creating jobs for 7,500 people.
The company, which involves in import and export activities, construction of thermal-power plants, food processing, among others, considers Vietnam an important market in Asia, he said.