Japanese Mitsui encouraged to invest in Vietnam’s infrastructure

Deputy Prime Minister Trinh Dinh Dung has suggested the Mitsui Company invest in infrastructure construction in Vietnam while meeting with a visiting executive of the Japanese group in Hanoi on January 16.
Deputy Prime Minister Trinh Dinh Dung (R) and Mitsui CEO and President Tasuo Yasunaga (Source: VNA)
Deputy Prime Minister Trinh Dinh Dung (R) and Mitsui CEO and President Tasuo Yasunaga (Source: VNA)

During his visit to Vietnam, Mitsui Chief Executive Officer and President Tasuo Yasunaga, had working sessions with the company’s Vietnamese partners, including the Vietnam National Oil and Gas Group (PetroVietnam), on the Block B gas projects and cooperation in liquefied natural gas (LNG).

The Deputy PM highlighted the growing extensive strategic partnership between Vietnam and Japan, reflected by the political trust between senior leaders, and fruitful cooperation between businesses in economics, trade and investment.

Over the past time, Japanese investment in Vietnam has generated positive benefits for both sides, Dung said.

He hailed the cooperation between the Japanese firm and its partners in developing the Block B gas projects, affirming that the projects play an important part in ensuring national energy security.

For his part, the Mitsui executive reiterated that the Block B gas projects are among the company’s key cooperation agenda, pledging that the firm will work closely with PetroVietnam to accelerate the projects.

He also highlighted the huge support the Government, ministries and sectors of Vietnam have provided for Japanese firms on the basis of the extensive strategic partnership between the two countries.

Mitsui has great interest in transport infrastructure development, energy and health care in Vietnam, he added.