CMSC Chairman Nguyen Hoang Anh works with Sojitz Corporation
CMSC On the morning of August 27, Chairman of the Commission for the Management of State Capital at Enterprises (CMSC) Nguyen Hoang Anh had a meeting with Mr. Tadahiro Kinoshita, President of the Sojitz Vietnam Company Limited, a member of the Sojitz Corporation.
Mr. Tadahiro Kinoshita said Sojitz is a multi-branch corporation operating mostly in the fields of natural resources, minerals, chemicals, food and industrial zone infrastructure. It is one of the first Japanese businesses investing in the Vietnamese market.
|Mr. Tadahiro Kinoshita – President of the Sojitz Vietnam Company Limited
The Sojitz Corporation has been operating in Vietnam for many years as a manufacturer and exporter of wood chips. The Vietnam Forestry Corporation (Vinafor) and Sojitz have established four wood chip manufacturing joint ventures (Vijachip) based in Quang Ninh, Ha Tinh, Quang Ngai provinces and the city of Da Nang. Vijachip joint ventures have developed in a sustainable manner, not only bringing economic benefits but also contributing to social security and environmental protection. However, the Dung Quat wood chip manufacturing joint venture established by Vinafor and Sojitz is facing some problems and is seeking support from the CMSC.
Mr. Tadahiro Kinoshita added that the Sojitz Corporation is also interested in infrastructure development projects related to companies operating under the management of the CMSC.
|Chairman of the Commission for the Management of State Capital at Enterprises Nguyen Hoang Anh
CMSC Chairman Nguyen Hoang Anh affirmed that the Sojitz Corporation has contributed significantly to Vietnam’s socioeconomic development as well as the strategic partnership between Vietnam and Japan.
He expressed his satisfaction with the long-standing partnership between Vinafor and Sojitz. Successful results of this cooperation not only bring economic benefits but also help forest farmers sell their products. The leader of the CMSC said the Commission has received a report from Vinafor regarding problems currently facing the Dung Quat wood chip manufacturing joint venture and is willing to support its efforts to deal with these difficulties.
Chairman Nguyen Hoang Anh said that some companies managed by the CMSC are preparing to develop major logistics projects or convenience store chains. Threfore, he wished the Sojitz Corporation would promote cooperation with CMSC companies in different areas.