NVCCI, Towry-Coker host Vietnamese investors

In a proactive and ingenious step towards large-scale economic growth, President, Nigeria-Vietnam Chamber of Commerce and Industry (NVCCI), Oye Akinsemoyin and former Lagos State Commissioner of Housing, Dr. Lanre Towry-Coker, have hosted prominent Vietnamese investors in Lagos.

The event, which took place yesterday at Lagos Motor Boat Club, was attended by a delegation representing Richy Group Joint Stock Company (RGJSC), a global confectionery manufacturer that exports to over 30 countries, including America, Canada, Australia, West Europe, South Korea, and Japan.

Akinsemoyin said the meeting aims to improve investment opportunities and boost economic growth.

“This event was a strategic move to attract investors and organisations to Nigeria’s diverse economy. And with a recent peak in poverty rates exceeding 90 per cent, the significance of such an initiative cannot be overstated. It is an opportunity to boost economic growth, alleviate poverty, and strengthen the various economic classes of Nigerian citizens,” he said. For Towry-Coker, such partnerships would lead to sustainable economic development.

“Finally, by welcoming foreign investment and fostering international partnerships, Nigerians can anticipate an uplifting of the lower class, a revival of the middle class, and a reinvigoration of the economy.

“These impacts will lead to immediate improvements and sustainable growth that can lay the groundwork for future development and renewed confidence in the competence of our elected officials,” he said.

According to them, the meeting is inspired by the business-friendly stance and renewed hope of the current Bola Tinubu-led administration, along with its focus on economic revitalisation.

The meeting reiterated its commitment to providing a pathway for more foreign investments, joint venture partnerships, and job creation across various spheres of Nigeria’s economy. The delegates from RGJSC included; Phan Van Minh; Vu Dinh Duc; Nguyen Thi Thanh Nhan, and Do Thi Thuy.