In the afternoon of September 10, immediately after arriving in Hong Kong, China to attend the 9th Belt and Road Summit at the invitation of Hong Kong Special Administrative Region Chief Executive John Lee, Permanent Deputy Prime Minister of Vietnam Nguyen Hoa Binh met and worked with leaders of several leading Hong Kong-based corporations with extensive cooperation and investment activities in Vietnam.
Permanent Deputy Prime Minister Nguyen Hoa Binh meets with the Executive Director of Swire Pacific – Photo: VGP/ Nguyen Hoang
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Meeting with Mr. Tim Blackburn, Executive Director of Swire Pacific, the Deputy Prime Minister appreciated the effective and sustainable investment and business activities of Swire Pacific in Vietnam and particularly welcomed the Group’s consecutive expansion of its investment and business activities in the country.
The Deputy Prime Minister acknowledged and supported the plan of HAECO, a member unit of the Group, to invest, operate and maintain aircraft maintenance facilities in Vietnam. He suggested that Swire Pacific and HAECO continue to research and further develop their activities in the fields of aviation, aviation services, and beverage production and business in Vietnam in the coming time.
Mr. Tim Blackburn, Executive Director of Swire Pacific, expressed his sincere gratitude and wished that the Vietnamese government would continue to create favorable conditions for the Group to cooperate and operate effectively in Vietnam, especially in the fields of aviation, real estate, and aircraft maintenance facility operation at Vietnam’s major airports.
The Executive Director of Swire Pacific stated that Vietnam is the fastest-growing economy in the region, with a favorable investment environment and an open foreign policy, thereby building trust for foreign businesses, including Swire Pacific, to confidently invest and operate long-term in Vietnam.
Permanent Deputy Prime Minister Nguyen Hoa Binh meets with Mr. John Witt, Group Managing Director of Jardine Matheson – Photo: VGP/ Nguyen Hoang
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At the meeting with Mr. John Witt, Group Managing Director of Jardine Matheson, Permanent Deputy Prime Minister Nguyen Hoa Binh emphasized that despite numerous difficulties and challenges caused by the impact of the COVID-19 pandemic and the global economic downturn, Vietnam has continued to achieve important socio-economic development milestones.
The Deputy Prime Minister hoped that the Group would continuously expand its investments in Vietnam in certain fields where the Group holds strengths and Vietnam has cooperation demands, such as investing in large enterprises, developing financial centers, innovation, digital transformation, high technology, etc., in line with Vietnam’s development orientation. He affirmed that the Vietnamese government commits to supporting and creating all favorable conditions for foreign investors in general and Jardine Matheson in particular to effectively and sustainably deploy their investment and business activities in Vietnam.
Mr. John Witt highly valued Vietnam’s economic development prospects and investment opportunities. He shared that Jardine Matheson is a diversified group with a focus on investment, finance, real estate, automotive, food, healthcare, logistics, equipment, and high-tech agriculture. Over time, Jardine Matheson has cooperated and invested with many large Vietnamese enterprises. Mr. John Witt informed that the Group’s strategy is to invest for the long term, and Vietnam has been and will remain a top priority partner in implementing its long-term investment strategy in the region, especially in fields like renewable energy, finance, and the construction of high-quality hotel complexes.
Permanent Deputy Prime Minister Nguyen Hoa Binh meets with Mr. Laurent Lam Kwing Chee, Executive Chairman of Gold Resource Development – Photo: VGP/ Nguyen Hoang
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During the meeting with Mr. Laurent Lam Kwing Chee, Executive Chairman of Gold Resource Development (GR), the Deputy Prime Minister welcomed the fact that GR, in general, and Circle K, in particular, continue to research and expand their investment and business activities in the field of logistics, thereby contributing to the development of the production supply chain in Vietnam.
Mr. Laurent Lam Kwing Chee shared that by 2023, Circle K had 420 stores in 10 major cities, reaching 60% of Vietnam’s urban population. Currently, GR is promoting rice imports from Vietnam to Hong Kong.
The Group plans to continue expanding its investments to develop logistics centers and foster the development of the production supply chain in Vietnam in the coming time.
Mr. Laurent Lam Kwing Chee proposed that the Vietnamese government strengthen its investment promotion programs and expedite the construction of infrastructure works to help reduce logistics service costs.
Deputy Prime Minister Nguyen Hoa Binh acknowledged the proposals of the Executive Chairman of GR and emphasized that with the policy of selective cooperation and investment attraction, Vietnam wishes that the Group would continue to expand its investments in the country in certain fields where the Group holds strengths.
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