Sri Lankan President praises Vingroup’s investment potential
The Sri Lankan President emphasised investment opportunities for Vingroup in the sectors it is strong at such as tourism, finance, and real estate, especially in Colombo – Sri Lanka’s largest city.
Vingroup Vice Chairman and CEO Nguyen Viet Quang (left) presents a souvenir to Sri Lankan President Anura Kumara Dissanayaka on May 4. (Photo: VNA)
Hanoi (VNA) 😼– Sri Lankan President Anura Kumara Dissanayaka extolled Vingroup's multi-sector investment potential in Sri Lanka, particularly in the fields of real estate and tourism.
During his trip to Vingroup’s headquarters in Hanoi on May 4, President Dissanayaka, who is paying a state visit to Vietnam, expressed strong impressions of the group’s scale, stature, and achievements, which he noted have significantly contributed to Vietnam’s economic development.
He commended the green mobility ecosystem Vingroup has built, centred on its electric vehicle brand VinFast. In addition to launching various EV models, VinFast has expanded its international presence, including in India – Sri Lanka’s neighbouring country. The President expressed his belief that Sri Lanka will also become a promising market for VinFast vehicles.
Vingroup Vice Chairman and CEO Nguyen Viet Quang welcomes Sri Lankan President Anura Kumara Dissanayaka. (Photo: VNA)
He emphasised investment opportunities for Vingroup in the sectors it is strong at such as tourism, finance, and real estate, especially in Colombo – Sri Lanka’s largest city.
The Sri Lankan Government is currently offering a range of tax and fee exemptions to attract investment and promote the city’s development. Sri Lanka is ready to create the most favourable investment conditions for Vingroup, the President noted.
On Vingroup’s side, Vice Chairman and CEO Nguyen Viet Quang highlighted Sri Lanka as a beautiful island with great development potential. He affirmed that Vingroup will explore suitable opportunities to invest in the country in the coming time./.
Noting that Vietnam and Sri Lanka still have great potential in economic, trade and investment collaboration, the two leaders vowed to take stronger measures to increase two-way trade and investment, aiming for bilateral trade turnover of 1 billion USD, and considering the possibility of negotiating and signing a bilateral free trade agreement when conditions permit.
President of Sri Lanka, Anura Kumara Dissanayaka, is paying a state visit to Vietnam and participating in the 20th United Nations Day of Vesak celebrations from May 4 to 6, at the invitation of his counterpart, Vietnamese President Luong Cuong. The visit coincides with the 55th anniversary of the establishment of diplomatic relations between the two countries.
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