Prime Minister Pham Minh Chinh expected Sumitomo Corporation to become a strategic investor of Vietnam with greater contributions to the Vietnamese economy while receiving Yukihito Honda, Group CEO of the Japanese firm's Urban Infrastructure Development Group in Hanoi on July 22.

VOV.VN - Competent Vietnamese agencies are formulating additional breakthrough support policies aimed at luring strategic investors amid fierce competition in foreign investment attraction and the imposition of the 15% global minimum tax in 2024, reported Dau Tu (investment) newspaper.

Vietnamese lender VPBank on March 27 signed an agreement to sell its 15% stake to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) through a private placement.

Located in Bai Tu Long Bay and adjacent to world heritage site Ha Long Bay in the northeastern province of Quang Ninh, the Van Don Economic Zone possesses significant advantages to develop the local and national leisure real estate sector.