PM assures support for Japanese enterprises

Prime Minister Nguyen Xuan Phuc assured more than 30 corporate executives in Kansai region of Japan during a dialogue on June 7 that Vietnamese localities offer all possible support to them to do business. 

At the event (Source: VNA)

At the event (Source: VNA)

Speaking highly of Kansai firms’ strength in equipment manufacturing, mechanical engineering, support industry and trade, the PM wished that they would soon launch projects in Vietnam. 

He suggested developing a particular scheme for Kansai region based on survey results, adding that Kansai businesses should pour capital into key infrastructure projects, particularly those in public-private partnership model, environment and water resources treatment, renewable energy, finance-banking, and especially equitisation of State-owned enterprises. 

Vietnam is committed to creating the most favourable conditions for Japanese firms to do long-term business in the country, he stated. 

Participating Kansai firms operate in electronics, trade, iron and steel, food processing, banking, construction, media, health care and industrial parks. 

They asked the Vietnamese government to upgrade infrastructure, further develop support industry, and minimise foreign exchange risks for investors due to materials import. 

As Japan’s major economic and industrial region, Kansai is home to 10 prefectures including three big cities of Osaka, Kyoto and Kobe with strength in manufacturing industry. The Kansai economic region is worth nearly 931 billion USD, focusing on garment, chemicals and electronic spare parts. 

Meeting Osaka prefecture authorities the same day, PM Phuc said Vietnam always treasures the expansion of cooperation with Japanese localities, including Osaka prefecture and other localities in Kansai region, considering it an important factor to push forward Vietnam-Japan extensive and practical ties. 

Lauding the results of cooperation between Osaka prefecture and Vietnamese localities, especially Ho Chi Minh City and Hoi An city, he thanked Osaka authorities and people for actively helping the Vietnamese Consulate General well perform its role as a bridge linking Kansai region and Vietnam, as well as assisting the Vietnamese nationals living here. 

On the occasion, he asked Governor of Osaka prefecture Ichiro Matsui and Kansai authorities to encourage local enterprises, especially small- and medium-size ones, to invest in Vietnam in the fields of high technology and support industry, as well as share experience with Vietnam in workforce training and technological transfer in agriculture, and enhance labour coordination, including welcoming more Vietnamese technical apprentices to the region. 

He wished that Osaka would encourage other Kansai localities to establish cooperative ties and reinforce mutually-beneficial collaboration with Vietnam. 

Governor Matsui, for his part, vowed to continue support for the Vietnamese Consulate General in Osaka and the Vietnamese nationals living in the prefecture, thus contributing to intensifying exchanges and mutual understanding between the two countries’ people. 

In a meeting with leaders of the Kansai regional chapter of the Japan-Vietnam Friendship Association, the Vietnamese leader hailed the chapter for boosting bilateral ties over the past two decades. 

President of the chapter Teiichi Nishimura informed the PM that the chapter has connected Japanese firms with Vietnamese partners, as well as held cultural and art exchanges over the past years. 

He vowed to do his best to strengthen exchanges and mutual understanding between the two countries’ people, including those from Kansai and Vietnamese localities.

Vietnamplus

Other news

Most view

Banking-finance

VAMC buys nearly VND21 trillion deep debts

Vietnam Asset Management Company (VAMC) purchased VND20,995 billion (US$924 million) of deep debts from credit institutions during the first nine months this year with the price of VND20,619 billion.

Economy

Self - introduction

Stock market

180m shares start trading on UPCoM this week

Nearly 180 million shares of four companies will start trading on the Unlisted Public Company Market (UPCoM) on the Hà Nội Stock Exchange on October 16-20.