PM Nguyen Xuan Phuc welcomes AB InBev CEO

Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on October 31 for AB InBev CEO Carlos Brito, during which he said Vietnam wants Belgian businesses to invest more in the Southeast Asian country.
PM Nguyen Xuan Phuc welcomes AB InBev CEO ảnh 1Prime Minister Nguyen Xuan Phuc (R) received AB InBev CEO Carlos Brito in Hanoi on October 31 (Photo: VNA)

Hanoi (VNA)– Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on October 31 forAB InBev CEO Carlos Brito, during which he said Vietnam wants Belgianbusinesses to invest more in the Southeast Asian country.

PM Phuc said the traditional friendship andmultifaceted cooperation between Vietnam and Belgium are developing in apositive, diverse and practical manner, adding that companies of Vietnam andthe European Union (EU), including Belgium, have very close relations.

The Vietnamese Government is making efforts to speedup economic restructuring, create a more transparent and favourable businessclimate and accelerate the equitisation of State-owned enterprises, he said.

Vietnam welcomes Belgian firms, including ABInBev, to expand investment, especially in the fields which are priorities andadvantages of both nations, the government leader said.

PM Phuc expressed his hope that AB InBev willprioritise using local materials and manpower, and it will reap many successesin Vietnam.

He told Brito that Vietnam attaches importanceto its relations with the EU as well as the role of foreign direct investment (FDI)enterprises.

For his part, Brito highly evaluated theVietnamese market’s advantages such as high attractiveness, rapid growth, bigpopulation and fast increase in the number of middle-income people.

With experiences in brand development, AB InBev willhelp Vietnam bring out its brand names to the world, he said, adding that thegroup also wants to do long-term and sustainable business in the country.-VNA
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