During a productive meeting held in Hanoi on November 13, Prime Minister Pham Minh Chinh and the president and CEO of Marubeni Corporation, Masumi Kakinoki, exchanged valuable insights. Kakinoki highlighted Marubeni’s long-standing presence in Vietnam since 1991, with investments amounting to $593 million and the creation of 7,500 job opportunities. Marubeni Corporation has been actively involved in various sectors, including import-export activities, thermal power and industrial plant development, food processing, and textile factories.
Expressing Vietnam’s significance as a key market in Asia, Kakinoki revealed Marubeni Corporation’s plans to invest billions of dollars, with a particular focus on energy, processing, exports, and infrastructure development. He expressed hope that the government would provide necessary guidance to ministries and local authorities to facilitate the smooth execution of these projects.
Prime Minister Chinh warmly welcomed Marubeni’s forthcoming development plans, which encompassed diverse initiatives such as the O Mon II Thermal Power Plant, the Quang Ninh Liquefied Natural Gas Power project, wind farms, solar power, industrial parks, food processing factories, timber products, raw materials for export, and smart city projects. The Prime Minister also urged Marubeni Corporation to enhance trade promotion and networking activities while facilitating the export of industrial, agricultural, and seafood products. Furthermore, he encouraged the corporation to collaborate closely with Vietnamese partners to promote cooperation in alternative energy sources like wind power, solar energy, and biomass, thereby supporting Vietnam’s transition towards green, clean, and sustainable energy.
