Toto Viet Nam Company limited received the Investment Certificate

20/10/2020

In the morning of 19/10, on the occasion of Japanese Prime Minister’s vistit to Viet Nam, within the framework of the document exchange ceremony among ministries, branches, localities and enterprises of the two countries, on behalf of Vinh Phuc province, Deputy Secretary, Standing Vice Chairman Le Duy Thanh granted the Investment Certificate to Mr. Hiroyuki Suzuki, General Director of Toto Viet Nam Company Limited. The ceremony was witnessed by Japanese Prime Minister Suga Yoshihide and Vietnamese Prime Minister Nguyen Xuan Phuc.

Mr. Le Duy Thanh granted the Investment Certificate to Mr. Hiroyuki Suzuki, General Director
of Toto Viet Nam Company Limited

Accordingly, Toto Viet Nam will invest in Thang Long Vinh Phuc Industrial Park with the capital value of USD 100 million.

Welcoming the company to Vinh Phuc, Mr. Le Duy Thanh emphasized that Vinh Phuc was one of the four localities having the best infrastructure and conditions for the industrial development the country and was always in the top of provinces and cities in investment attraction and industrial development. Up to now, the province has over 400 FDI investment projects, in which, in 2015 - 2020 has attracted over USD 3 billion of foreign investment capital.

Affirming that Vinh Phuc would create all favorable conditions for investors in general, those from Japan in particular to deploy investment projects in the province, Mr. Le Duy Thanh hoped that Toto Viet Nam would promptly complete necessary legal procedures to start construction of the plant as soon as possible.

This company belongs to Toto Group of Japan, specializing in manufacturing and trading in the field of construction materials, especially high-class sanitary equipment products. The company has invested in Viet Nam since 2002 with the factories in Hanoi and Hung Yen. Vinh Phuc is the third destination and one of the most promising factories in Asia of the Group.

Nam Anh

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