Itochu seeks cooperation opportunities in Vietnam
On October 31, Nguyen Thi Phu Ha, Deputy Chairwoman of the Commission for the Management of State Capital at Enterprises (CMSC) had a meeting with a delegation from Japan’s Itochu Corporation, led by Takeshi Sone, representative of the Plant Project Department.
Giving a brief introduction on the corporation, Takeshi Sone said Itochu is engaging in domestic trading, import/export, and overseas trading of products, such as energy, textiles, machinery, metals, chemicals, food, realty, information and communications technology, and finance. After nearly 160 years of development, the corporation has approximately 120 companies operating in 63 countries around the world.
|Takeshi Sone, representative of the Plant Project Department under the Itochu Corporation|
Takeshi Sone also introduced about the corporation’s capacity and potential in oil and gas projects, such as participating in engineering, procurement and construction (EPC) services, and arranging capital for projects. He expressed his desire to seek investment opportunities in some energy projects in Vietnam.
|CMSC Deputy Chairwoman Nguyen Thi Phu Ha|
Highly appreciating Itochu Corporation’s desire, CMSC Deputy Chairwoman Nguyen Thi Phu Ha shared the regulations and guidelines of Vietnam’s law on investment in energy projects.
Ha also talked with Itochu Corporation’s representatives about the experiences in managing state-owned enterprises operating in the power sector, as well as Vietnam’s priorities in the development of energy projects.