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DPM receives Japanese businessman

VGP – Deputy PM Vuong Dinh Hue voiced his support for AEON Group to invest in the financial sector in Viet Nam.

February 25, 2019 3:02 PM GMT+7

Deputy PM Vuong Dinh Hue (R) and Chairman of the Board and Representative Director in AEON Financial Service Co., Ltd Masaki Suzuki, Ha Noi, February 25, 2019 – Photo: VGP/Thanh Chung

The host leader made the point today in Ha Noi while hosting a reception for Mr. Masaki Suzuki, Chairman of the Board and Representative Director in AEON Financial Service Co., Ltd.

According to Mr. Masaki Suzuki, Viet Nam is a key investment location of AEON Group in the Southeast Asian region. The group planed to pour US$ 5 billion to open 300 commercial centers and generate 50,000 jobs in the region. 

Earlier, AEON signed a memorandum of understanding with the Vietnamese Ministry of Industry and Trade. The document targets to open the door for made-in-Viet Nam products to enter foreign markets. Last year, AEON exported US$ 250 million of goods and expects to earn US$ 500 million of export turnover in 2019. 

The guest leader revealed that besides retail sale, AEON is operating in the financial sector. The group is planning to expanding investment activities in finance in Viet Nam by purchasing shares of SOEs or foreign financial companies in Viet Nam. 

In reply, the Deputy PM highly spoke of AEON’s plan on commercial centers and Vietnamese goods exports in Japan. He regarded this as a sustainable path for AEON in Viet Nam. 

The host leader also expressed his support for the group to broaden financial investment in Viet Nam which is expected to strengthen payment operations in Viet Nam./.  

By Khanh Phuong