|
GLOBAL GROWTH |
|
PMs bless Memorandum of
Cooperation |
|
Asia is showing tremendous faith in its first steel company, Tata Steel, a show of faith that the Company intends to honour. The presence of the Prime Ministers of India and Vietnam at the signing of a Memorandum of Cooperation between the two companies is reflective of this faith. On July 6, 2007, weeks after the signing of the Memorandum of Understanding between the Vietnam Steel Corporation - Vietnam's largest steel company- and Tata Steel to set up a steel complex in the country, Tata Steel also entered into a Memorandum of Cooperation (MoC) with Vietnam Steel Corporation. The MoC allows Tata Steel to build steel making expertise in Vietnam by facilitating training and development of VSC employees, assisting them in product development, development of Vietnamese markets, sharing of know-how in steel making and mining, as well as developing a steel strategy for Vietnam. |
|
The MoC was signed between Mr. Dau Van Hung, President of Vietnam Steel Corporation (VSC) and Dr. T Mukherjee, Deputy Managing Director of Tata Steel, in the presence of H.E. Mr Nguyen Tan Dung and Dr. Manmohan Singh, the Honourable Prime Ministers of Vietnam and India, respectively. Also present were senior executives of the two companies, top government officials and dignitaries.
Seen (left to right) H. E. Mr Nguyen Tan Dung, Dr
Manmohan Singh and
Dr T Mukherjee |
|
|
Jamshedpur central to Vietnam PM’s
India visit |
|
His Excellency, Mr Nguyen Tan Dung, the Prime Minister of the Socialist Republic of Vietnam came on a three-day official visit to India, his first to the country. During his trip, he dedicated an entire day to visiting Jamshedpur and Tata Steel.
“This is a moment of pride and honour for Tata Steel and Jamshedpur,” the Managing Director
Mr B Muthuraman said, “to have the PM visit the steel city on his first visit to India. I would like to take this opportunity to thank everyone in Vietnam Steel Corporation and Vietnam Government for extending their support to ensure that the MoU between Tata Steel and Vietnam Steel Corporation goes through. It is our intention to come up with a high quality steel plant and mining facility in Vietnam as soon as possible.”
|
 |
The steel city was dressed up with the national flags of the two countries as well as with placards and festoons to welcome the Prime Minister. Mr Dung visited the Hot Strip Mill; Tata Steel’s state-of-the-art Cold Rolling Mill, the Tata Steel Archives and planted a sapling at the Jubilee Park. Mr Dung was accompanied by the Vietnamese Ambassador to India, Mr Vn Quang Diem and Indian Ambassador to Vietnam, Mr Lal P Muana. The Prime Minister was also apprised of the various sustainability initiatives of Tata Steel.
During the special ceremony held to honour the Premier at the Steelennium Hall, His Excellency Mr Nguyen Tan Dung said,
“I am delighted to visit this city on my first trip to India and I admire the spirit of self reliance in the people of Jamshedpur. Tata Steel had started the wave of industrialisation in India and its efforts to develop its capabilities to produce high quality steel for the world, keeping in mind its social responsibilities towards its communities, is truly commendable.” |
|
H.E. Mr Nguyen Tan Dung, the Prime Minister of the Socialist Republic of Vietnam is felicitated by Mr B Muthuraman on his visit to Jamshedpur and Tata Steel |
|
|
