Osaka (VNA) – Prime Minister Nguyen Xuan Phuc on June 29 met with leaders ofsome Japanese groups which are investing in Vietnam as part of his trip toJapan’s Osaka to attend the 14th G20 Summit.

Meetingwith President, CEO and Director of Marubeni, Kakinoki Masumi, the leader spokehighly of the corporation’s operation in Vietnam over the past seven decadesand suggested Marubeni continue its long-term investment in the country inother spheres, apart from energy.

Masumisaid the corporation is operating the Thai Binh 1 Thermal Power Plant, whichwas inaugurated last February, and implementing the Nghi Son 2 Thermal PowerPlant project whose construction is scheduled to be completed in 2020.

Marubeniwants to invest in electricity production using liquefied natural gas (LNG) andis selecting venues for the the project, he said.

Alongwith infrastructure and energy, the corporation wishes to engage in other sectorsin Vietnam, including large-scale water treatment, distribution, e-commerce,sports, entertainment, health care and smart city, Masumi added.

Marubeniwill come to Vietnam – the corporation’s leading important market - with all ofits experience and cutting-edge technology, abide by local regulations andprotect the environment at the request of the PM, he stressed.

PMPhuc said Vietnam encourage plastic-free packaging projects, contributing toenvironmental protection.

Ata reception for President and Director of JXTG Holdings, Inc, Tsutomo Sugimori,PM Phuc applauded cooperation between JXTG and the Vietnam National PetroleumGroup (Petrolimex).

 
Sugimoribriefed the leader on its cooperation plan with Petrolimex, and called on thePM to continue supporting the collaboration in the time ahead.

JXTGaims to join hands with Petrolimex to help Vietnam diversify its petroleumsupply chain and ensure energy security, he noted.

Inthis regard, PM Phuc assigned Petrolimex to make a detailed report on theproject, saying it is necessary to thoroughly assess the project in order to ensureinvestment efficiency.

Ina meeting with Nobiru Adachi, President Commissioner of J Trust, the PM highlyvalued the bank’s experience and financial capacity in restructuring andrestoring the operation of banking organisations with financial difficulties inthe region.

Henoted that the Vietnamese Government is accelerating the restructuring of thefinancial and banking system, aiming to make it more healthy.

Speakinghighly of J Trust’s wish to participate in bank restructuring in Vietnam, thePM suggested the Japanese bank promptly coordinate with the State Bank ofVietnam to carry out necessary steps.

Healso lauded J Trust’s wish to work as a bridge for Japanese small-andmedium-sized enterprises to invest in Vietnam, and informed Adachi that Vietnamaims to have 1 million firms by 2020.

Thiswould be an opportunity for banks as well as Japanese businesses in thecountry, he said.

Adachisaid Japanese enterprises have considered Vietnam an attractive investmentdestination, noting J Trust is interested in Vietnam’s financial and banking sectorsand wants to engage in the restructuring of banks in the country.-VNA