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You are here: Home / Japan’s Marubeni Corp. asked to boost ties with Vietnamese firms

Japan’s Marubeni Corp. asked to boost ties with Vietnamese firms

Deputy Prime Minister Trinh Dinh Dung (R) meets with CEO of Marubeni Corporation Masumi Kakinoki in Hanoi on April 16 (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Trinh Dinh Dung received CEO of Marubeni Corporation Masumi Kakinoki in Hanoi on April 16, calling on his firm and other Japanese businesses to increase cooperation with Vietnamese firms. The deputy PM highly valued Marubeni’s consideration of Vietnam as an important market in Asia, as well as its investment in the country’s critical industries like export-import, energy, food processing, and garment-textiles. He described Marubeni’s development in Vietnam as an illustration of the Vietnam-Japan cooperation and friendship, which are flourishing in a substantive and comprehensive manner with high political trust. Japan is currently a leading economic, trade, and investment partner of Vietnam, he said, elaborating that it is the top supplier of official development assistance with the capital of some 30 billion USD; the second biggest investor with 4,020 projects worth 57 billion USD; and the third largest source of foreign visitors, with some 800,000 tourists to Vietnam last year. With 38 billion USD in bilateral trade in 2018, Japan ranks fourth amongst Vietnam’s trade partners. Dung said that Vietnam attaches great importance… Read full this story

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