Japanese Investors: Viet Nam Attracts Japanese Business

Director of the FID Phan Huu Thang (in the middle) responds questions of Japanese businesses in the seminar in Tokyo.

Three seminars on investment in Viet Nam were held by Tokyo Bank – Mitsubishi VFJ, in cooperation with the Foreign Investment Department (FID) (under the Ministry of Planning and Investment) in Tokyo, Nagoya and Osaka on July 18, 20, 21, respectively.

The seminars were held to meet the recently raising demand of Japanese businesses for information about Viet Nam, said Mr. Takayama, on behalf of the Tokyo Bank - Mitsubishi VFJ.

A number of items in the freshly effective Laws on Investment and Business, as well as reforms to facilitate investment environment were presented at the seminars. At the conferences, questions from Japanese businesses focused on issues of bonuses for employee, recruitment, and factory rental in industrial zones.

Japanese businesses are now ranking Viet Nam as new investment destination after China. “Many people ask me where they should invest in and I said Viet Nam. The number of our bank’s customers who invest in Viet Nam is increasing, and so are businesses. We have to recruit more staffs for our two representative offices in Viet Nam,” said Mr. Takayama.

Nearly 800 Japanese enterprises attended the seminars. 

Source: Tuoi Tre – Translated by Hoang Uy

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