Investment
PM encourages Carlsberg to expand investment in Vietnam
Vietnam is promoting cooperation with Denmark in various spheres, especially economic field.
Prime Minister Nguyen Xuan Phuc has asked Danish beer maker Carlsberg to expand its investment in Vietnam, during a reception in Hanoi on September 12 for Carlsberg CEO Cees‘t Hart, who is attending the World Economic Forum on ASEAN 2018 (WEF ASEAN 2018).
At the meeting, PM Nguyen Xuan Phuc emphasized that Vietnam is promoting cooperation with Denmark in many fields, especially economy, adding that enterprises like Carlsberg play an important role in bilateral economic cooperation.
The PM said that Vietnam is accelerating the signing of the European Union-Vietnam Free Trade Agreement (UVFTA), which will open up favorable conditions for enterprises of both sides, including those from Denmark.
PM Phuc reported that Vietnam is stepping up equalization and divestment in State-owned enterprises in line with the principles of the market economy, transparency, and openness, which he said, will offer opportunities to foreign investors, including Carlsberg.
The PM suggested Carlsberg to expand his investment in Vietnam by increasing production to the full designed capacity at its plant in Phu Bai, in the central province of Thua Thien-Hue.
With Carlsberg’s interest in the state capital divestment at Hanoi Beer Alcohol and Beverage JSC (Habeco), the PM suggested that the two sides soon discuss and deal with obstacles to promote the share purchase and strategic cooperation agreement.
For his part, Carlsberg CEO Cees‘t Hart said Carlsberg has been present in Vietnam since 2007 and has already invested and cooperated to produce a number of beer brands in the country.
Carlsberg Group is interested in expanding its operations in Vietnam and wishes to invest more in Habeco after being its strategic investor since 2008, he added.
Carlsberg has worked with the Ministry of Industry and Trade and Vietnamese authorities to accelerate this process and hopes that its business operations in Vietnam will become more and more effective, Cees‘t Hart stressed.
Prime Minister Nguyen Xuan Phuc (R) and Carlsberg CEO Cees‘t Hart. Photo: Thong Nhat
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The PM said that Vietnam is accelerating the signing of the European Union-Vietnam Free Trade Agreement (UVFTA), which will open up favorable conditions for enterprises of both sides, including those from Denmark.
PM Phuc reported that Vietnam is stepping up equalization and divestment in State-owned enterprises in line with the principles of the market economy, transparency, and openness, which he said, will offer opportunities to foreign investors, including Carlsberg.
The PM suggested Carlsberg to expand his investment in Vietnam by increasing production to the full designed capacity at its plant in Phu Bai, in the central province of Thua Thien-Hue.
With Carlsberg’s interest in the state capital divestment at Hanoi Beer Alcohol and Beverage JSC (Habeco), the PM suggested that the two sides soon discuss and deal with obstacles to promote the share purchase and strategic cooperation agreement.
For his part, Carlsberg CEO Cees‘t Hart said Carlsberg has been present in Vietnam since 2007 and has already invested and cooperated to produce a number of beer brands in the country.
Carlsberg Group is interested in expanding its operations in Vietnam and wishes to invest more in Habeco after being its strategic investor since 2008, he added.
Carlsberg has worked with the Ministry of Industry and Trade and Vietnamese authorities to accelerate this process and hopes that its business operations in Vietnam will become more and more effective, Cees‘t Hart stressed.
