“Meeting with Malaysian Business Leaders: A Conversation with Comrade Tô Lâm, the Party’s General Secretary”

The General Secretary acknowledged and highly appreciated the companionship and contributions of businesses in economic, investment, and trade cooperation between Vietnam and Malaysia, considering this a bright spot and a factor in ensuring the sustainable and substantive development of the two countries’ relationship, bringing practical benefits to their people.

Mr. Lin Yun Ling, Executive Director of Gamuda Group – a leading regional corporation in real estate and infrastructure, reported to the General Secretary about the group’s investment situation globally and in Vietnam, emphasizing that Vietnam is a favored and promising investment destination for the group. He expressed his hope to continue expanding their investment in the country.

General Secretary To Lam highly appreciated Gamuda’s practical and effective contributions to developing urban infrastructure projects in Vietnam. He emphasized that building and developing a modern urban system is one of Vietnam’s top priorities.

The General Secretary suggested that Gamuda pay attention to further expanding its investments in the fields of urban development and technology, especially in new areas and those where Gamuda has strengths. He encouraged them to take the lead in quality, infrastructure, services, and the integration of information technology and artificial intelligence for management and operation.

Mr. Francis Yeoh Sock Ping, Executive Chairman of YTL Corporation Berhad – a leading integrated infrastructure development group in the region, reported to the General Secretary about their collaboration with NVIDIA Corporation from the United States to build a large data center in the state of Johor, Malaysia. He expressed his confidence in Vietnam’s trend towards clean energy and digital transformation and his desire to build a data center in Vietnam.

General Secretary To Lam highly appreciated YTL Group’s vision and technological capacity in capturing development trends, especially in building AI infrastructure and new technology industries. He believed that YTL would be an important partner, contributing to promoting the process of digital transformation and modernizing Vietnam’s infrastructure.

The General Secretary emphasized that Vietnam would facilitate large enterprises investing in chip production and large data centers to seize opportunities as science and technology are rapidly developing.

Mr. Tony Fernandes, Executive Director of Capital A (Air Asia) Group, expressed his desire to expand the group’s investment and business activities in Vietnam, especially in aviation connectivity, aircraft maintenance, tourism, and financial services.

General Secretary To Lam appreciated Capital A’s strengths in capital, technology, and international management experience and its positive contributions to promoting investment and business in the Vietnamese market.

The General Secretary hoped that the group would continue to expand its activities, meet the development needs, and build a skilled workforce in Vietnam. He also hoped that Capital A would become an important bridge to attract more Malaysian businesses to invest in the country.

Mr. Vincent Tan Chee Yioun, Founder and Advisor of Berjaya Corporation Berhad, reported to the General Secretary about the group’s business situation and expressed his desire to continue investing in urban infrastructure and tourism development projects in Vietnam.

General Secretary To Lam congratulated the group on its business performance and believed that the results achieved in Vietnam are vivid proof of the country’s improving investment environment and great potential.

The General Secretary expressed his hope that Berjaya would continue to expand its operations in Vietnam in its areas of strength, such as developing smart urban areas, environmental services, and clean technology.

In the meetings, General Secretary To Lam affirmed that Vietnam always attaches great importance to and welcomes Malaysian businesses investing and operating in the long term in the country. He assured that Vietnam would continue to improve the legal framework, enhance the investment and business environment, and simplify administrative procedures to create the most favorable conditions for investors and businesses to operate effectively and sustainably.

The leaders of the corporations thanked General Secretary To Lam for his time and highly appreciated Vietnam’s attractive investment and business environment, which offers many favorable conditions. They affirmed that they would actively promote their business activities in Vietnam.