Hanoi (VNA) – Minister of Public Security Luong Tam Quang has invited Yamato Holdings, one of Japan's leading logistics groups, to study investment opportunities in warehousing and cargo transport infrastructure at Gia Binh International Airport.
Receiving Nagao Yutaka, Representative Director and Chairman of the Board of Directors of Yamato Holding, in Hanoi on July 6, Quang welcomed the company's contributions to Vietnam's socio-economic development since establishing its local subsidiary in 2015.
Reaffirming Vietnam's goal of developing Gia Binh International Airport into a leading regional air cargo hub, Minister Quang suggested exploring operational cooperation between Yamato and Vietnamese partners once the airport becomes operational.
The minister also welcomed Yamato's planned cooperation with FPT Corporation to establish an artificial intelligence (AI) laboratory in Vietnam to research and apply AI and big data in supply chain management, transport coordination and the development of specialised logistics services for high-tech industries, particularly the semiconductor sector, which Vietnam has identified as a strategic priority.
Highlighting Vietnam's population of 100 million and one of the world's fastest-growing e-commerce markets, which provide enormous potential for the logistics industry, Quang encouraged Yamato to further expand its investment by developing large-scale logistics centres, financial hubs and modern logistics infrastructure in Vietnam's key economic regions.
He also suggested that the company give priority to recruiting disciplined and highly skilled Vietnamese workers for positions across its global operations.
The minister affirmed that the Ministry of Public Security will continue to support Yamato by ensuring a transparent and favourable investment environment and creating the conditions necessary for the company to operate safely, efficiently and in full compliance with Vietnamese law.
Expressing his appreciation for the meeting, Nagao Yutaka said he is impressed by Vietnam's development potential and affirmed that the company would continue to study and implement major cooperation projects, contributing to stronger bilateral ties between Vietnam and Japan./.
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