May 15, 2025

UAE-based JMM Group on the lookout for opportunities to invest in Vietnamese agriculture

UAE-based JMM Group is exploring opportunities to invest in Vietnam, particularly in agriculture, renewable energy, and infrastructure, as part of its expansion strategy in Southeast Asia.

During a meeting with the Ministry of Finance on May 12, the group expressed its intention to accelerate project implementation and requested support in navigating licensing procedures and banking formalities.

Deputy Minister of Finance Trần Quốc Phương welcomed the initiative, adding that Vietnam remains committed to attracting high-quality foreign investment, especially in strategic sectors aligned with national development goals.

He also emphasised the government's efforts to streamline administrative processes, including the upcoming 'one-stop' service for foreign investors, expected to be operational by 2026.

JMM Group's chief executive officer, Sameer Mohamed, noted that the firm has been assessing potential projects over the past few months and sees strong prospects in high-tech farming and infrastructure development.

Currently, the United Arab Emirates has 45 active investment projects in Vietnam with a total registered capital of around US$77.4 million.

— VNS