Temasek eyes finance, hi-tech, healthcare partnerships

Wednesday, Mar 02, 2016 17:38

Deputy Prime Minister Nguyen Xuan Phuc (right) receives Temasek International's Head of Strategic & Public Affairs, Ms. Cheo Hock Kuan in Ha Noi. — VNA/VNS Photo Nguyen Dan
HA NOI (Biz Hub) — Singapore's Temasek is seeking partnerships in Viet Nam in finance, manufacturing, consumer goods and healthcare, according to Cheo Hock Kuan, Temasek International's Head of Strategic & Public Affairs.

Kuan made this revelation at her meeting with Deputy Prime Minister Nguyen Xuan Phuc on March 2, where she discussed the company's desire to step up investments in Viet Nam.

Temasek established a representative office in Viet Nam in February 2005, with an investment list that covered a range of sectors, such as natural resources, agro-fishery, information technology and banking, Kuan said.

She said Viet Nam had created favourable conditions for Temasek and other foreign investors, helping them to operate productively and contribute to growing ties.

Deputy PM Phuc lauded Temasek's viable business activities in Viet Nam as a contribution that reinforced the partnership between the two countries.

He said Viet Nam had been improving its investment and business environment and pointed out that the government was working to provide the best possible conditions for foreign investors.

He suggested the group should invest in mineral processing, food technology and tourism. — VNS

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