Vietnam welcomes and will create all possible conditions for Japanese businesses to invest in Vietnam , including through merger and acquisition (M&A).

Vietnamese Ambassador to Japan Doan Xuan Hung made the affirmation during a November 12 conference in Tokyo themed “ Vietnam M&A: Attraction from Japan ” jointly hosted by Tuoi Tre (Youth) newspaper and its Japanese counterpart Mainichi with the support of Iwakaze Capital Inc and BWLaws.

He said currently, the Vietnam-Japan cooperation environment is favourable as Japanese companies, especially small and medium-sized ones, are paying much attention to Vietnam , and the Government has announced its industrialisation strategy with six prioritised areas engaging Japan .

The diplomat affirmed that all Vietnamese localities are eager and ready to welcome Japanese investors.

Speaking at the conference, which was among activities to celebrate the 40 th anniversary of Vietnam-Japan diplomatic ties, former Japanese Prime Minister Yasuo Fukuda held that bilateral relations between the two countries are growing strongly and stably, and have expanded to people-to-people exchanges.

He said it’s time for the two sides to boost bilateral economic cooperation, citing Vietnam’s strengths in attracting Japanese investment, including an abundant labour force, favourable location and increasingly completed infrastructure.

Meanwhile, Deputy Director General of the Ho Chi Minh City Stock Exchange Le Hai Tra briefed the general situation of M&A in Vietnam over the past year, as well as successful and unsuccessful affairs, legal barriers, and the process of loosening regulations for foreign investors in Vietnam .

Nguyen Trung Dung, Trade Counsellor at the Vietnamese Embassy in Japan presented Vietnam ’s M&A competition policies, and the M&A trend of Japanese enterprises in Vietnam .

Representatives from many businesses also clarified their trend of choosing partners and areas of their interest.-VNA