Vietnam honours Japan’s Sojitz, Sumitomo Corporations

The certificates were bestowed upon Chairman and CEO of Sojitz Corporation Masayoshi Fujimoto and President and CEO of Sumitomo Corporation Shingo Ueno, who also serve as co-chairs of the Vietnam-Japan Economic Committee under the Japan Business Federation (Keidanren).

Speaking at the event, Vietnamese Ambassador to Japan Pham Quang Hieu affirmed the embassy’s commitment to offering all possible support to the corporations, ensuring that economic relations between the two countries will achieve new milestones that reflect the stature of bilateral relationship.

Fujimoto took the opportunity to reflect on nearly 40 years of Vietnam's renewal policy and 20 years of Sojitz's presence in the country. He expressed the corporation's unwavering commitment to Vietnam, noting its significant expansion with over 25 joint ventures now operating there.

He also reaffirmed Sojitz's dedication to contributing to Vietnam’s sustainable economic development and further promoting friendship and cooperation between the two nations.

Ueno, for his part, outlined Sumitomo's extensive involvement in various sectors in Vietnam, including industrial parks, power plants, chemicals, automobiles, and urban development. Notably, its recent investments in industrial parks have attracted manufacturing enterprises with a total investment of around US$6.1 billion, employing over 100,000 workers.

He introduced recent projects such as the supermarket system in Hanoi and the Smart City urban development project in the northern part of Hanoi, stressing that they would continue to grow, contributing even more to Vietnam's economic development.

Pledging to continue upholding the Japan-Vietnam Joint Initiative and supporting Vietnam, he shared plans to arrange business trips to Vietnam, explore investment opportunities, and further promote bilateral economic exchanges.