Deputy Prime Minister Tran Luu Quang and Mr. Nitin Darbari, Senior Vice President of P&G for the Asia region – Photo: VGP/Hai Minh
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During the meeting, the Deputy Prime Minister suggested that P&G expand its partnership with Vietnamese businesses, create opportunities for Vietnamese companies to participate in the corporation’s supply chain, and pay attention to providing training for human resources in Vietnam.
The Deputy Prime Minister also hoped that P&G, along with other U.S. companies, would voice their support for the U.S. government to recognize Vietnam’s market-oriented economic regime as soon as possible.
The Deputy Prime Minister affirmed that the Vietnamese government always pays attention to improving the investment environment and promoting transformation to create favorable conditions for foreign businesses to operate and invest in Vietnam in the long term.
Mr. Nitin Darbari, Vice President of P&G, highly appreciated the government’s efforts in making Vietnam an attractive destination for foreign investment and overcoming global headwinds to achieve a growth rate of 5.05% in 2023.
Mr. Nitin Darbari thanked the Vietnamese government for its support to P&G during the COVID-19 pandemic, emphasizing that P&G considers Vietnam as one of its strategic markets, aiming to make Vietnam a production hub for the region and a sustainable supply source for P&G’s other markets.
P&G is one of the leading multinational companies in the consumer goods industry, with an investment of 450 million USD in Vietnam since 1995.
The corporation is currently expanding its production line for razor products from 2024 to 2026 and introducing new blade manufacturing technology in Vietnam for export to key markets in the Asia-Pacific region. This advanced technology is currently only available in the U.S. and Germany within P&G’s production chain.
