The Vietnamese Embassy in Japan on July 16 hosted a meeting for around100 members from a study group of Japan’s second generationbusinesses in Tokyo to promote understanding of doing business andinvestment in Vietnam.
The event is part of activitiesorganised by the embassy to attract more Japanese investment.
Speakingat the function, Ambassador Nguyen Phu Binh reviewed the mostoutstanding socio-economic achievements in Vietnam in the recentpast.
Despite impacts of the global financial crisis in 2009,Vietnam sustained an economic growth rate of 5.32 percent and becameone of just 12 economies in the world to record positive GDP growthrates.
Vietnam is projected to have an even higher growthrate this year thanks to rising industrial output and export turnover,Binh said.
He underlined the recent robust development of theVietnam-Japan strategic partnership and reckoned that “this is a goodtime to strengthen investment and trade relations between the twocountries”.
“ Vietnam is a lucrative market for Japanesebusinesses,” said Vietnam’s Counselor for Investment Le Huu QuangHuy.
According to Huy, Japanese companies will enjoy manyadvantages when investing in Vietnam , considering its politicalstability, abundant workforce and low-cost labour.
The governmentof Vietnam has introduced many incentive policies for foreigninvestors and improved the equality and transparency of its businessenvironment, especially after its accession to the World TradeOrganisation, Huy added.
The demand for developing infrastructurein Vietnam has grown dramatically, he said, adding that this is agood opportunity for Japanese entrepreneurs who possess advantages incapital and technology.
Asides from this meeting, the Vietnameseembassy has joined hands with Japan’s International FriendshipExchange Council (FEC) to organise bimonthly Japan-Vietnam economicforum./.
The event is part of activitiesorganised by the embassy to attract more Japanese investment.
Speakingat the function, Ambassador Nguyen Phu Binh reviewed the mostoutstanding socio-economic achievements in Vietnam in the recentpast.
Despite impacts of the global financial crisis in 2009,Vietnam sustained an economic growth rate of 5.32 percent and becameone of just 12 economies in the world to record positive GDP growthrates.
Vietnam is projected to have an even higher growthrate this year thanks to rising industrial output and export turnover,Binh said.
He underlined the recent robust development of theVietnam-Japan strategic partnership and reckoned that “this is a goodtime to strengthen investment and trade relations between the twocountries”.
“ Vietnam is a lucrative market for Japanesebusinesses,” said Vietnam’s Counselor for Investment Le Huu QuangHuy.
According to Huy, Japanese companies will enjoy manyadvantages when investing in Vietnam , considering its politicalstability, abundant workforce and low-cost labour.
The governmentof Vietnam has introduced many incentive policies for foreigninvestors and improved the equality and transparency of its businessenvironment, especially after its accession to the World TradeOrganisation, Huy added.
The demand for developing infrastructurein Vietnam has grown dramatically, he said, adding that this is agood opportunity for Japanese entrepreneurs who possess advantages incapital and technology.
Asides from this meeting, the Vietnameseembassy has joined hands with Japan’s International FriendshipExchange Council (FEC) to organise bimonthly Japan-Vietnam economicforum./.
