The Vice Prime Minister Meets with Leading Hong Kong Conglomerates.

On the afternoon of September 10, immediately upon arriving in Hong Kong, China, to attend the 9th Belt and Road Summit at the invitation of the Chief Executive of the Hong Kong Special Administrative Region, Mr. John Lee, Vietnam's Permanent Deputy Prime Minister, Mr. Nguyen Hoa Binh, met with leaders of several of Hong Kong's foremost business groups, which have significant cooperative investments in Vietnam.

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Deputy Prime Minister Nguyen Hoa Binh meets with Swire Pacific CEO Tim Blackburn – Photo: VGP/Nguyen Hoang

Meeting with Mr. Tim Blackburn, CEO of Swire Pacific, Deputy Prime Minister appreciated the efficient and sustainable investment and business activities of Swire Pacific in Vietnam, especially welcoming the Group’s continuous expansion of its investment and business activities in the country.

The Deputy Prime Minister acknowledged and supported HAECO’s (a member company of the Group) plan to invest, operate and maintain aircraft in Vietnam. He suggested that Swire Pacific and HAECO continue to explore and develop their activities in the aviation and aviation services sectors, as well as in the beverage production and business field in Vietnam in the future.

Mr. Tim Blackburn, CEO of Swire Pacific, expressed his 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 at Vietnam’s major airports.

The CEO 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 the country.

Deputy Prime Minister Nguyen Hoa Binh meets with Jardine Matheson CEO John Witt – Photo: VGP/Nguyen Hoang

At the meeting with Mr. John Witt, CEO of Jardine Matheson, Deputy Prime Minister Nguyen Hoa Binh emphasized that despite facing many difficulties and challenges due to the impact of the COVID-19 pandemic and the global economic downturn, Vietnam has continued to achieve important socio-economic development achievements.

The Deputy Prime Minister hoped that the Group would continuously expand its investment in Vietnam in several fields where the Group has strengths and Vietnam has cooperation needs, such as investing in large enterprises, developing financial centers, innovation, digital transformation, high technology… in line with Vietnam’s development orientation. He affirmed that the Vietnamese government is committed to supporting and creating favorable conditions for foreign investors in general and Jardine Matheson in particular to effectively and sustainably deploy investment and business activities in Vietnam.

Mr. John Witt highly appreciated 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 continue to be the Group’s top priority in implementing its long-term investment strategy in the region, especially in fields such as renewable energy, finance, and the construction of high-quality hotel complexes.

Deputy Prime Minister Nguyen Hoa Binh meets with Mr. Laurent Lam Kwing Chee, Executive Chairman of Gold Resource Development – Photo: VGP/Nguyen Hoang

At the meeting with Mr. Laurent Lam Kwing Chee, Executive Chairman of Gold Resource Development (GR), the Deputy Prime Minister welcomed GR’s and Circle K’s continuous efforts to expand their investment and business activities in the logistics field, contributing to the development of the production supply chain in Vietnam.

Mr. Laurent Lam Kwing Chee informed 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 investment to develop logistics centers and promote the development of the production supply chain in Vietnam in the future.

Mr. Laurent Lam Kwing Chee proposed that the Vietnamese government further promote investment promotion programs and quickly invest in infrastructure works, thereby contributing to reducing logistics service costs,…

Deputy Prime Minister Nguyen Hoa Binh acknowledged the proposals of the Chairman of GR and emphasized that with the policy of selective cooperation and investment attraction, Vietnam wishes the Group to continue expanding its investment in the country in fields where the Group has strengths./.

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