Deputy PM urges UK conglomerate to invest more in Vietnam

Deputy Prime Minister Trinh Dinh Dung has urged the Jardine Matheson Group of the UK to expand investment in Vietnam, suggesting potential areas such as infrastructure, energy, support industry and tourism.

Deputy PM Trinh Dinh Dung (R) receives Chairman and Managing Director of the UK's Jardine Matheson Group, Ben Keswick. (Photo: VGP)
Deputy PM Trinh Dinh Dung (R) receives Chairman and Managing Director of the UK's Jardine Matheson Group, Ben Keswick. (Photo: VGP)

At a reception for the group’s chairman and managing director Ben Keswick in Hanoi on September 10, the deputy PM said Vietnam is restructuring State-owned enterprises and groups, which bring many opportunities for international investors.

“The Vietnamese government and agencies will continue to create favourable conditions for foreign investors, including Jardine Matheson Group, to expand their production, business and investment in Vietnam,” he stated.

He took the occasion to express joy at the development of the Vietnam-UK strategic partner, particularly the growing economic, trade and investment ties. Bilateral trade between the two countries rose 9.5% to reach US$6.74 billion in 2018.

Keswick agreed with the host that Vietnam has great potential and offers many opportunities for investors with commitment to long-term investment.

He appreciated the Vietnamese government’s policies to attract investment and improve business environment, and affirmed that his group will continue to expand its presence in Vietnam while studying new possibilities in areas of Vietnam’s priority.