The Vietnamese Consulate General in Osaka introduced the economic development and investment environment of Vietnam to Japanese investors during a conference held in the Japanese city on December 8.
Illustrative image (Source: VNA)
Representatives from 130 Japanese firms, universities and training centres were provided with information on Vietnam’s economic growth, preferential policies for foreign investors, strategies and plans for industry expansion as well as investment opportunities in the country.
The sound Vietnam-Japan partnership and economic ties as well as Vietnam’s joining of the ASEAN Community and regional and multilateral trade deals are also among the country’s advantages in investment attraction, heard the conference.
Addressing the event, Fumihide Kitamura, General Director of Kyokuto Vietnam, shared his positive evaluation of Vietnam’s investment environment, revealing that his firm decided to invest in a five-million USD electronic equipment factory in Nhon Trach 3 industrial park in the southern province of Dong Nai in August this year.
Japanese firms at the event also lauded efforts by the Vietnamese Government in amending laws to create a more favourable and transparent investment and trade environment for foreign investors, including Japanese.
They suggested that the Vietnamese Government continue creating conditions for Japanese businesses, especially small and medium-sized firms, to complete investment licence and business registration procedures through mails. They also asked for permission to export used equipment to Vietnam.
Also at the event, the Vietnam Club was officially launched, acting as a bridge for the friendship as well as cooperation in economy, education, culture, tourism and people-to-people exchange between Vietnam and Japan.
The club also aims to support Japanese businesses in accessing and using high quality human resources of Vietnam through seeking vacancies in Japanese firms for Vietnamese students in Japan.
According to Murakami, Chairman of the club, said he wishes to promote the business potential and opportunities of Vietnam as well as its young, high-quality workforce to Japanese enterprises in the Kansai region.
Vietnamese Consul General to Osaka Tran Duc Binh pledged to actively support and cooperate with the club during its operation, thus strengthening the connectivity between the Japanese businesses community and Vietnamese students.