Prime Minister pledges to create conditions for Turkish corporations to develop in Vietnam
VietNamNet•30/11/2023
Prime Minister Pham Minh Chinh affirmed: The Vietnamese Government is committed to accompanying and creating favorable conditions for foreign investors, including Turkish corporations, in developing investment and business activities.
On the afternoon of November 29 (local time), during his official visit to Türkiye, in the capital Ankara, Prime Minister Pham Minh Chinhreceived leaders of Hayat Holding Group and leaders of Turkish Airlines Group. The Prime Minister affirmed to businesses the spirit of "harmonious benefits, shared risks", the Vietnamese Government is committed to accompanying and creating favorable conditions for foreign investors, including Turkish corporations, in developing investment and business activities. Welcoming Hayat Holding's investment and construction of a factory in Vietnam, Hayat Holding's leaders highly appreciated the investment environment with open procedures and skilled human resources in Vietnam, especially where the group has its factory, Becamex Binh Phuoc Industrial Park. He said that investment activities in Vietnam are one of the most effective activities of the group (in 2023, exports from Vietnam will be about 35 million USD) and will continue to recruit more Vietnamese people to work.
Prime Minister Pham Minh Chinh receives leaders of Hayat Holding Group
After listening to the leaders of Hayat Holding Group report to the Prime Minister on a number of cooperation programs and projects to contribute to social security and make a number of proposals for the group's operations in Vietnam, the Prime Minister welcomed the group's investment and construction of a factory in Vietnam. The Head of Government believes that the good, trustworthy and comprehensive development relationship between Vietnam and Türkiye will be a solid foundation for businesses of the two countries to expand cooperation and the group's operations in Vietnam will become increasingly favorable. Vietnam is continuing to improve the transport infrastructure system in Binh Phuoc connecting with the region, the whole country and countries in the region such as Cambodia. The Prime Minister said that this creates favorable conditions for expanding the product consumption market for Hayat Holding. The Prime Minister suggested that Hayat Holding continue to research investment and cooperate with a number of potential and capable partners in Vietnam to expand and develop areas of strength. At the same time, Hayat Holding acts as a bridge to bring potential investors from inside and outside Turkey to invest and do business in Vietnam; strengthen cooperation, move towards technology transfer, and help Vietnamese enterprises participate deeply in regional and global production chains. Further facilitate visas for tourists from both countries The Prime Minister highly appreciated the effectiveness of Turkish Airlines' activities, contributing to the development of Turkey's air transport and tourism industries in recent times. Emphasizing cooperation to contribute to promoting tourism recovery after the Covid-19 pandemic, the Prime Minister announced Vietnam's new visa policy, saying that the authorities of Vietnam and Turkey are discussing the possibility of further facilitating visas for tourists from both countries.
Prime Minister Pham Minh Chinh receives leaders of Turkish Airlines Group. Photo: Nhat Bac
Welcoming the signing of cooperation agreement between Turkish Airlines and Vietnam Airlines on this occasion, the Prime Minister asked Turkish Airlines to continue to promote cooperation and closely coordinate with Vietnam Airlines and relevant ministries and sectors of Vietnam to promote the image of the two countries and people, thereby encouraging mutual tourism growth. The group's leaders said they will cooperate with Vietnam Airlines and relevant agencies to increase the frequency of regular flights between the two countries in the coming time, as well as promote cooperation in tourism development between the two countries.
Hayat Holding is a multinational economic group with nearly 90 years of establishment, development, and operation in many fields such as consumer goods, furniture, logistics, etc., and is the 5th largest manufacturer of baby diapers in the world. Currently, the group has 41 production facilities and factories located in 17 countries. In Vietnam, Hayat Holding has invested in building factories in Binh Duong and Binh Phuoc provinces. In March 2022, the Hayat Kimya Vietnam Co., Ltd. factory was inaugurated with a total investment of 250 million USD. Turkish Airlines is a long-standing airline in Turkey. By the end of 2022, Turkish Airlines' market value was about 10.6 billion USD, ranking among the 10 most valuable airlines in the world. Turkish Airlines is operating the only direct flight between Vietnam and Türkiye, including two routes: Hanoi - Istanbul and Ho Chi Minh City - Istanbul.
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