Prime Minister Nguyen Xuan Phuc on September 7 held a dialogue with Japanese economic groups and businesses interested in expanding investment in Vietnam.
Hanoi (VNA)꧅ – Prime Minister Nguyen Xuan Phucon September 7 held a dialogue with Japanese economic groups and businesses interested inexpanding investment in Vietnam.
Speaking at the event, PM Phuc expressedhis delight that 15 Japanese firms want to expand investment in Vietnam, whichwill provide a source of encouragement for the nation to continue improving itsbusiness environment and create favourable conditions for firms to do successfulbusiness, including those from Japan. The Vietnamese Government highly values therole of the Japanese business community, with serious and responsible investors whocontribute to the State budget, pay attention to environment protection andcare for workers, he said. According to him, the Vietnameselegislature adopted the Law on Investment, the amended Law on Enterprises, theLaw on Public-Private Partnership with a number of incentives.
He stressed that with a population of nearly 100 million and being part of the dynamic 650 million-strong bloc of ASEAN, Vietnam is big enough forbusiness plans and suitable for restructuring, shift of regional and globalsupply chains by foreign investors, especially those from Japan.
𝓡 The leader informed that a working group in charge of promoting foreigninvestment cooperation led by a Deputy PM has been established in order tocatch opportunities and deal with major investors’ suggestions.
The PM also directed resuming commercialflights to several safe destinations, including Japan. Vietnam always welcomes Japanese firms toexpand investment in infrastructure, energy, manufacturing, high-qualityagriculture, information technology, smart urban development, financial andbanking services, innovation-based start-up, as well as in joining the equitisation of State-owned enterprises as strategic partners, he said. The Vietnamese Government, leaders ofministries, agencies and localities will stand side by side with the businesscommunity, offer all possible support to business operations to liftVietnam-Japan ties to a greater height, he added. Japanese Ambassador to Vietnam Yamada Takio, for his part, said over the past twodecades, the Vietnamese economy has grown rapidly and ties between Vietnam andJapan have become deeper.
He added that whilecountries are battling with COVID-19 pandemic, Vietnam has soon recovered anddirectly benefited from diversified supply chains in the world.
According to him, a number of Japanese firms are considering a shift ofproduction facilities to Vietnam. He hoped that Vietnam will catch this opportunity.
The ambassador also expressed his support for the resumption offlights between the two nations, thus improving disbursement for publicprojects at present, attracting more foreign investors to Vietnam, and improvingVietnam’s credit rankings.
⛦ He affirmed that Japan will continue assisting firms ininvesting in Vietnam as well as helping the Southeast Asian nation develop its economy in the newnormal condition.
The Japanese firms alsomentioned issues in investment cooperation with Vietnam such as human resources,support industry, research and development, among others.
ಞ The Vietnamese PM askedministries, agencies and localities to promptly tackle difficulties faced bybusinesses and vowed all possible support to Japanese business operations./.
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At the event (Photo: VNA) 
