Japan’s Marubeni Corporation is seeking investment opportunities in coal exports, gas production, renewable energy usage and waste water treatment in Vietnam.
President Tran Dai Quang (R) Managing Executive Officer and Regional Chief Executive Officer of ASEAN at the corporation Shoji Kuwayama (Photo: VNA)
Hanoi (VNA) ꧑– Japan’s Marubeni Corporation is seeking investment opportunities in coal exports, gas production, renewable energy usage and waste water treatment in Vietnam.
Managing Executive Officer and Regional Chief Executive Officer of ASEAN at the corporation Shoji Kuwayama made the statement at a meeting with President Tran Dai Quang in Hanoi on August 10.
He said his group specilises in developing energy resources and infrastructure, processing farm produce and seafood, and producing garment product for export.
Regarding Vietnam as a key market, the group opened its branches in Hanoi and Ho Chi Minh City in 1991, he said, adding that it has engaged in 11 energy development projects in Vietnam, with the first build a thermal power plant in the Mekong Delta city of Can Tho in 1975.
Apart from business and investment activities, the corporation has also paid attention to social issues, proven by the establishment of a scholarship fund in 1994 to support students in some Vietnamese localities, he told the President.
President Tran Dai Quang highly valued Marubeni Corporation for conducting effective investment in Vietnam since the early 1990s as well as its remarkable contributions to the country’s economic development.
He also hailed the group for reinforcing the economic ties between Vietnam and Japan via energy and thermal power projects, and activities to support children and develop education in Vietnam over the past few years.
The President called on Japanese businesses to increase investment in Vietnam, especially prioritising key areas under Vietnam’s industrialisation strategy, developing high-quality infrastructure, energy, support industry and agriculture, promoting technological transfer, and supporting human resources training.
There is still large room for the two countries to boost economic cooperation in the coming time, he said, adding that the establishment of the ASEAN Community as well as the signing of the Trans-Pacific Partnership (TPP) Agreement and the engagement in negotiations for the Regional Comprehensive Economic Partnership (RCEP) will bring enormous opportunities for bilateral collaboration in economy.
He highlighted Japan as the biggest provider of official development assistance (ODA), the second largest investor and the fourth biggest trade partner of Vietnam .
The success of foreign investors is also the success of Vietnam, the State leader said, adding that the country will push ahead with measures to improve its legal framework and policy to create a stable and more favourable business climate for overseas companies, including those from Japan.
Vietnam is also coordinating with Japan in implementing the sixth phase of their joint initiative to improve the investment environment in Vietnam in 2016, he noted.
He said he hopes Marubeni Corporation will optimise new opportunities and promote its role as a leading trade company in Japan to continue with effective operation in Vietnam, contributing to the country’s socio-economic development.-VNA
President Tran Dai Quang has hoped that Japanese businesses will increase investment in Vietnam, especially in developing hi-quality infrastructure and support industry.
Oita prefecture of Japan wishes to boost multifaceted cooperation with Vietnam, Governor of the prefecture Hirose Katsusada told Vietnamese Ambassador to Japan Nguyen Quoc Cuong.
Prime Minister Nguyen Xuan Phuc received Japanese Deputy Minister of Education, Culture, Sports, Science and Technology Tsutomu Tomioka in Hanoi on July 18.
The Vietnam Farmer’s Union and the Japanese Institute of East Asian Studies signed an agreement on cooperation in agriculture, forestry, fisheries and rural development in Hanoi on July 22.
Party General Secretary To Lam and his spouse Ngo Phuong Ly, along with a high-ranking delegation of Vietnam arrived in Seongnam Air Base in Seoul on August 10 afternoon (local time), beginning a state visit to the Republic of Korea from August 10-13.
General Secretary of the Communist Party of Vietnam Central Committee To Lam and his spouse Ngo Phuong Ly departed from Hanoi on August 10 morning for a four-day state visit to the Republic of Korea (RoK), which is made at an invitation of RoK President Lee Jae Myung.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
President Tran Dai Quang (R) Managing Executive Officer and Regional Chief Executive Officer of ASEAN at the corporation Shoji Kuwayama (Photo: VNA)
