Investment News





Working session scene.

SMBC is a member of Sumitomo Mitsui Financial Group (SMFG) - one of the world's leading financial groups with branches in 40 countries - and one of the three largest banks in Japan. . SMBC is also the foreign bank with the largest charter capital among foreign banks in Vietnam (as of December 31, 2021), providing a wide range of banking services to businesses through branches in Ho Chi Minh City and Hanoi.



Quang Ninh IPA worked online with Sumitomo Bank (Japan) to learn about Quang Ninh province's investment promotion and cooperation plan.

At the meeting, Ms. Vu Thi Kim Chi, Standing Deputy Head of the Investment Promotion and Support Committee (IPA) informed about the socio-economic situation of Quang Ninh in 2021 and the first quarter of 2022; information on investment environment and investment opportunities in the province. Quang Ninh province always identifies Japan as one of the strategic and key markets to attract, especially with projects that Quang Ninh province is prioritizing and calling for investment in the processing and processing industries. construction, high technology, seaport and seaport services, logistics; ecological agriculture; industry groups promoting green economy such as clean energy, renewable energy, gas power, wind power... Mr. Shimanuki Kosuke, representative of Japan-Korea Sales Department (SMBC) highly appreciated the attractiveness of the environment. Business investment school in Quang Ninh as well as the province's investment promotion information are shown through publications and documents and the provincial Investment Promotion Portal (, and shared. wishes to cooperate with Quang Ninh in investment promotion from the Japanese market.

The two sides also discussed investment cooperation and promotion plans in Quang Ninh province, especially in the fields of processing industry, manufacturing, logistics, seaport development, industrial park development, etc.

At the end of the meeting, IPA Quang Ninh and SMBC agreed to appoint a focal point to continue maintaining contact and exchange towards specific implementation activities. Ms. Vu Thi Kim Chi, Standing Deputy Head of the Investment Promotion and Support Committee (IPA), cordially invited the Board of Directors, SMBC representatives and Japanese partners to visit, work and survey. in Quang Ninh province in the nearest time.