PM Phạm Minh Chính (right) meets with General Director of Samsung Vietnam Choi Joo Ho. — VNA/VNS Photo Dương Giang

HÀ NỘI — Prime Minister Phạm Minh Chính on Sunday hosted separate receptions for leaders of big foreign groups as part of his trip to the northern province of Bắc Ninh.

Meeting General Director of Samsung Vietnam Choi Joo Ho, PM Chinh spoke highly of the group’s business and investment strategy in Việt Nam, calling its fruitful cooperation and investment a model of the economic ties between Việt Nam and the Republic of Korea.

He suggested Samsung engage more deeply in digital economy transformation, green economy, and knowledge-based economy in Việt nam, especially newly-emerging sectors like semiconductors, artificial intelligence, cloud computing, and innovation.

The leader also urged the group to step up technology transfer and human resources training, share governance experience, raise the localisation rate, enhance cooperation with Vietnamese enterprises and help them participate in global supply chains.

For his part, Choi said Samsung Vietnam has six manufacturing plants, one research and development centre, and one sales entity, with a cumulative investment of US$22.4 billion.

With its effective operation, along with the strong support from the Vietnamese Government, ministries, and localities, Samsung has decided on a long-term investment strategy in the Southeast Asian nation.

As part of this, it has committed to a new investment project worth $1.8 billion in Bắc Ninh province. In addition to OLED products for mobile phones, this new project will see Samsung establish production lines for OLED products for IT devices and automobiles.

Samsung hopes that Việt Nam will continue to provide favourable conditions for its development and supply high-quality human resources to support its new projects, he said.

During his meeting with Gary Tseng, CEO of Taiwan (China)'s Phú Mỹ Hưng Holdings Group, PM Chính congratulated the company on its successful investment and business activities in Việt Nam, contributing to the country's socio-economic development.

PM Phạm Minh Chính (right) meets with Gary Tseng, CEO of Taiwan (China)’s Phú Mỹ Hưng Holdings Group. — VNA/VNS Photo Dương Giang

Gary Tseng shared that Phú Mỹ Hưng has been investing in Việt Nam for over 30 years, primarily in real estate and urban development. With support from the Vietnamese government, ministries, and localities, the company has seen effective investments and continues to expand its projects across many provinces and cities in Việt Nam.

The company hopes that the Vietnamese government and local authorities will continue to remove difficulties and create favourable conditions for its further expansion, he said, noting its desire to participate in Vietnam's stock market to mobilise additional resources for investment.

Welcoming Phú Mỹ Hưng's continued investment expansion in Việt Nam, the Prime Minister asked Phú Mỹ Hưng, along with developing modern and civilized urban areas, to invest in affordable residential projects but with high infrastructure and service quality.

Additionally, he encouraged the group to provide more social infrastructure and consider deeper involvement in developing cultural, healthcare, and educational infrastructure in Việt Nam.

Meeting with Nakagawa Tetsuyuki, General Director of AEON Mall Vietnam Co Ltd, PM Chính was informed that its 7th shopping mall in Việt Nam and the first in the central region - AEON Mall Hue was officially inaugurated on September 21 and has welcomed over 330,000 visitors in six days.

PM Phạm Minh Chính (right) meets with Nakagawa Tetsuyuki, General Director of AEON Mall Vietnam Co Ltd. — VNA/VNS Photo Dương Giang

Noting that AEON has received investment certificates for other malls in Hạ Long city, the northern province of Quảng Ninh and Thanh Hoá city in the central province of the same name, and is accelerating procedures for more in Việt Nam, including one in Bắc Ninh province, he expressed his wish that the Vietnamese leader will direct local authorities to create favourable conditions for the company to quickly implement these projects.

Welcoming AEON’s investments in Hạ Long and Thanh Hoá, the Prime Minister affirmed the government's support for the company to start construction this year, given the significant potential of these two localities, which are major tourism hubs with large populations and relatively high per capita income.

Chinh pledged that the government is ready to create all necessary conditions to facilitate AEON’s operations in Việt Nam. He also suggested that the company consider investing in other localities such as Khánh Hoà, Đắk Lắk, Gia Lai, Bà Rịa - Vũng Tàu and Nghê An, as they play key roles in the supply chain linking ViệtNam with Japan and vice versa through AEON. — VNS