PM vows to continue facilitating operation of Japanese firms
Addressing executives from many leading Japanese corporations including
Mitsubishi, Honda, Hitachi , Sumitomo and Canon, PM Dung noted that
Vietnam takes the foreign investors’ success as its own, as it
contributes greatly to socio-economic development and job creation in
the country.
He also explained the Vietnamese Government’s
viewpoint and actions involving three economic breakthroughs which are
perfecting the market economy, mobilising all available resources for
transport infrastructure and boosting vocational training to meet the
need of foreign investors.
Vietnam has been focusing its
efforts on completing the legal framework on business and investment,
while adjusting tax and financial incentives, with a view to attracting
investment in hi-tech, support industry, high value-added industry and
encouraging the involvement of both public and private sectors in
infrastructure, he said.
The Government leader informed
participants that a draft revised Law on Housing will be submitted to
the National Assembly soon, which will make it easier for foreigners to
buy homes in Vietnam .
He added that regulations on the
State management in foreign direct investment will be issued, and
construction of hydropower plants under the BOT (build-operate-transfer)
model will be stepped up to ensure power for production.
Japanese corporations affirmed their intention to expand their
production and business activities in Vietnam, saying that they hope
to see improvements in support industry, infrastructure and power
supply.
They also urged Vietnam to work on taxation,
high-quality human resources training and protection of intellectual
property rights.-VNA