PM: Gov’t facilitates Japanese businesses to invest in Vietnam

August 24, 2016 | 16:30

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PM Nguyen Xuan Phuc on August 23 hosted a reception for a working group of the Japan Business Federation (Keidanren)’s Japan-Viet Nam Economic Committee, led by co-Presidents of the Committee Takahashi Kyohei and Nakamura Kuniharu.

Photo: VGP/Quang Hieu

The PM praised the contributions of the Japan-VietNam Economic Committee in improving the business environment in Viet Nam and its role as a bridge for Japanese businesses to pour more investment in Viet Nam, contributing to promoting the two nations’ Strategic Partnership in all fields.

The Vietnamese Government advocates and facilitates Japanese enterprises to launch successful investment in Viet Nam, he asserted, adding that Japan's effective projects in Viet Nam are attributed to the crucial contributions of the Keidanren, which have accelerated economics, trade and investment between the two countries.

He affirmed that Viet Nam will continue improving the investment environment, regarding the success of the Japanese investors as its own success.

Mr. Takahashi Kyohei said that the number of Japanese investors to Viet Nam was recorded the highest among other Japan’s destinations in ASEAN over the recent three years.

Currently, as many as 1,500 Japanese businesses are launching their investment and operation in Viet Nam, adding that the Keidanren is making efforts to realize the sixth phase of the Viet Nam-Japan Joint Initiative.

He suggested the Vietnamese Government further support the Keidanren and Japanese businesses in Viet Nam, expressing his hope that new-generation free trade agreements, including the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP) will create new progress in the economic relations between Viet Nam and Japan.

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