The Vietnamese Embassy in Japan on July 16 hosted a meeting for around 100 members from a study group of Japan’s second generation businesses in Tokyo to promote understanding of doing business and investment in Vietnam.
The event is part of activities organised by the embassy to attract more Japanese investment.
Speaking at the function, Ambassador Nguyen Phu Binh reviewed the most outstanding socio-economic achievements in Vietnam in the recent past.
Despite impacts of the global financial crisis in 2009, Vietnam sustained an economic growth rate of 5.32 percent and became one of just 12 economies in the world to record positive GDP growth rates.
Vietnam is projected to have an even higher growth rate this year thanks to rising industrial output and export turnover, Binh said.
He underlined the recent robust development of the Vietnam-Japan strategic partnership and reckoned that “this is a good time to strengthen investment and trade relations between the two countries”.
“ Vietnam is a lucrative market for Japanese businesses,” said Vietnam’s Counselor for Investment Le Huu Quang Huy.
According to Huy, Japanese companies will enjoy many advantages when investing in Vietnam , considering its political stability, abundant workforce and low-cost labour.
The government of Vietnam has introduced many incentive policies for foreign investors and improved the equality and transparency of its business environment, especially after its accession to the World Trade Organisation, Huy added.
The demand for developing infrastructure in Vietnam has grown dramatically, he said, adding that this is a good opportunity for Japanese entrepreneurs who possess advantages in capital and technology.
Asides from this meeting, the Vietnamese embassy has joined hands with Japan’s International Friendship Exchange Council (FEC) to organise bimonthly Japan-Vietnam economic forum./.
The event is part of activities organised by the embassy to attract more Japanese investment.
Speaking at the function, Ambassador Nguyen Phu Binh reviewed the most outstanding socio-economic achievements in Vietnam in the recent past.
Despite impacts of the global financial crisis in 2009, Vietnam sustained an economic growth rate of 5.32 percent and became one of just 12 economies in the world to record positive GDP growth rates.
Vietnam is projected to have an even higher growth rate this year thanks to rising industrial output and export turnover, Binh said.
He underlined the recent robust development of the Vietnam-Japan strategic partnership and reckoned that “this is a good time to strengthen investment and trade relations between the two countries”.
“ Vietnam is a lucrative market for Japanese businesses,” said Vietnam’s Counselor for Investment Le Huu Quang Huy.
According to Huy, Japanese companies will enjoy many advantages when investing in Vietnam , considering its political stability, abundant workforce and low-cost labour.
The government of Vietnam has introduced many incentive policies for foreign investors and improved the equality and transparency of its business environment, especially after its accession to the World Trade Organisation, Huy added.
The demand for developing infrastructure in Vietnam has grown dramatically, he said, adding that this is a good opportunity for Japanese entrepreneurs who possess advantages in capital and technology.
Asides from this meeting, the Vietnamese embassy has joined hands with Japan’s International Friendship Exchange Council (FEC) to organise bimonthly Japan-Vietnam economic forum./.
