Politics

Deputy PM proposes expanded partnership with P&G

Deputy Prime Minister Tran Luu Quang has proposed US consumer goods giant P&G consider expanding its partnership with Vietnam and facilitating the entry of Vietnamese firms into its global supply chain.
Deputy PM proposes expanded partnership with P&G ảnh 1At the reception (Photo: VNA)

Hanoi (VNA) - DeputyPrime Minister Tran Luu Quang has proposed US consumer goods giant P&Gconsider expanding its partnership with Vietnam and facilitatingthe entry of Vietnamese firms into its global supply chain.

During a reception in Hanoi on March 4 for P&GVice President Nitin Darbari, Deputy PM Quang hailed the corporation’s investments in Vietnam, totaling 450 million USDsince 1995, acknowledging their significant contributions to the country’s socio-economicdevelopment and the Vietnam-US relationship.

He also suggested the company pay attention tohuman resources training in Vietnam.

The Vietnamese Government always attaches importance to improving the business environment and promoting transformation to create favourableconditions for foreign enterprises to do long-term business in Vietnam, hesaid.

Darbari,for his part, commended the Vietnamese Government's efforts in positioningVietnam as a foreign investment hub and overcoming the global headwinds toachieve an impressive growth of over 5% last year.

He thankedthe Vietnamese Government for its support to P&G during the COVID-19pandemic and stressed that P&G considers Vietnam one of its strategicmarkets, aiming to establish the Southeast Asian nation as a regional manufacturinghub and a sustainable supply source for its other markets./.

VNA
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