This is to support Viet Nam’s economic growth, bolster its artificial intelligence and big data infrastructure, and facilitate electricity exports to other ASEAN nations, the PM told Masayuki Omoto, CEO of Marubeni Corporation, one of Japan’s leading investment and trading conglomerates with a 80-year track record in Viet Nam, during their meeting in Ha Noi on July 14.

Prime Minister Pham Minh Chinh (R) and Masayuki Omoto, CEO of Marubeni Corporation at their meeting on July 14.

The leader pledged full support for foreign investors, particularly those from Japan, to operate in Viet Nam, stressing a commitment to “harmonised interests and shared risks”.

PM Chinh lauded Marubeni’s long-standing presence, noting its strategic decision to use Viet Nam as a key operational base. He credited the company with contributing to Viet Nam’s socio-economic growth through technology transfers, job creation, increased export revenues, and tax contributions.

He called on Marubeni to continue viewing Viet Nam as a strategic base, and pursue bold, forward-looking ventures.

Sharing Viet Nam’s recent administrative reforms and innovative policies, he expressed confidence that Marubeni and other foreign investors would benefit from these positive changes.

The reception underscored the deepening ties between Viet Nam and Japan, which PM Chinh described as being at their best ever. He pointed to the complementary nature of the two economies, with Viet Nam offering a young, abundant workforce and a strategic location in the heart of Southeast Asia’s fast-growing markets. These factors, he said, present major opportunities for Japanese firms like Marubeni.

Welcoming Marubeni’s plans to expand its investment footprint in Viet Nam, he said Viet Nam has established a feasible legal and regulatory framework for large-scale power projects, including liquefied natural gas and offshore wind, and confirmed that legal obstacles surrounding the O Mon II gas-fired power project had been resolved.

Beyond energy, he encouraged Marubeni to deepen ties with the Viet Nam National Coal and Mineral Industries Holding Corporation Limited (Vinacomin) to boost coal exports to Japan.

He also proposed collaboration in agriculture, including crop and livestock breeding, as well as branding, processing, and exporting Vietnamese staples like coffee, rice, and quality food.

Highlighting potential in industrial development, he suggested investments in industrial parks and manufacturing facilities for instant noodles, mochi cakes, and pharmaceuticals for both domestic and export markets.

He also called on Marubeni to help integrate Vietnamese firms into its global supply chain while supporting workforce training, technological cooperation, and digital transformation.

Omoto, in response, highly appreciated Viet Nam’s strategic policy decisions and its increasingly improved business climate. He particularly praised the ongoing streamlining of administrative apparatus and restructuring of administrative boundaries, saying these efforts would enhance operational efficiency, simplify administrative procedures, and shorten licensing and decision-making processes.

Hailing Viet Nam’s continued status as a market of strategic importance, he said Marubeni is committed to further contributing to the country’s development.

The group plans to expand its presence in the market with quality investments, including a strong focus on human resource training.

Key projects include the O Mon II gas-fired power plant, the Quang Ninh LNG power project, wind and solar farms, the Amata City Halong Industrial Park, processing plants for export products, and smart urban development projects in Ha Noi and Ho Chi Minh City.

He noted that Marubeni will continue striving to roll out concrete, high value-added projects in the sectors suggested by the PM.

Marubeni established its Viet Nam office in 1991. Its projects in the country currently employ about 7,500 Vietnamese staff and generate approximately 3 billion USD in annual revenue. So far, Marubeni Viet Nam has built 11 thermal power plants with a total capacity of 4,000 MW.

Bac Ninh ranks second nationwide in export value

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Foreign investment in Vietnam property doubles

Foreign direct investment in Vietnam’s property sector jumped 2.4 times to US$4.8 billion in the first half this year, latest data shows.

Vietnam’s social investment rises 9.8% in H1

Investment by the state, non-state, as well as FDI sectors saw increases during the first six months of 2025.

 

Registered FDI surges 32.6% in H1, highest in 15 years

Newly registered capital accounted for nearly 9.3 billion USD across 1,988 new projects. Meanwhile, adjusted capital reached approximately 8.95 billion USD through 826 existing projects and investment via capital contributions and share purchases totalled nearly 3.3 billion USD.

 

Singapore's Makara Capital Partners urged to invest in Viet Nam’s priority sectors

Prime Minister Pham Minh Chinh has asked Makara Capital Partners to promptly make investment decisions and expand operations in Viet Nam, particularly in priority sectors, in the spirit of “working together, benefiting together, winning together, and sharing joy and happiness.”

 

Bac Ninh grants investment approvals and certificates to four projects

BAC NINH – On June 30, Pham Van Thinh, Standing Member of the Provincial Party Committee and Vice Chairman of People’s Committee of former Bac Giang province (now Bac Ninh province), chaired a ceremony to grant investment policy approvals and investment registration certificates to four investors.