Dong Nai pledges to tackle obstacles facing Japanese firms hinh anh 1The dialogue between Dong Nai officials and Japanese firms on June 10 (Photo: VNA)

Dong Nai (VNA) – The administration of Dong Nai province promised to remove obstacles facing Japanese companies in the southern locality during a dialogue on June 10.

The event, held by the provincial Customs Department and the Japanese Business Association in Dong Nai, attracted representatives from more than 100 Japanese firms.

They spoke highly of the local administration’s administrative procedure reforms and the favourable conditions for operating their businesses. Meanwhile, others pointed out problems pertaining to import-export procedures, new taxation and customs regulations, the establishment of affiliates, and hotlines for the firms to talk to relevant agencies.

Le Van Danh, Director of the Customs Department, said authorised agencies will devise measures to tackle hindrances to business operations. His department will step up administrative reforms to smooth the path for trade activities.

Regarding matters at the national scale, they will ask the General Department of Vietnam Customs, the General Department of Taxation and the Government to fine-tune related regulations.

Vice Chairman of the provincial People’s Committee Nguyen Quoc Hung said Dong Nai always stands side by side with the business community to tackle obstacles efficiently and facilitate their business operations.

Maeno Kojil, Chairman of the Japanese Business Association in nearby Ho Chi Minh City, said the dialogue helps both sides look into and seek to address arising issues, helping enterprises operate profitably in line with laws. He asked for similar functions to be held in the future.

At the dialogue, the provincial Customs Department and the Japanese Business Association in Dong Nai signed a cooperation agreement to facilitate their information connectivity, which will enhance the companies’ adherence to trade-related rules and the State’s customs management.

In the first five months of 2016, Dong Nai continued to be a leading FDI destination in Vietnam with nearly 900 million USD poured into the province, accounting for 15 percent of the country’s total FDI and 90 percent of the local target for the whole year.

Japan invested in 10 projects with a registered capital of 49.6 million USD in Dong Nai between January and May. The province currently ranks fourth nationwide in terms of Japanese investment attraction with more than 205 projects worth over 3.7 billion USD.-VNA