At the press conference (Source: VNA) Hanoi (VNA) – The Japan ExternalTrade Organisation (JETRO) recently held a press conference in Hanoi tointroduce Japan as an attractive investment destination to Vietnamesebusinesses.
Hironobu Kitagawa, Chief Representative of JETROin Hanoi, said Vietnam-Japan cooperation, especially in economy, has recordednew strides. Japan is currently one of the leading economic partners ofVietnam. Its economy has been recovering from recession in recent years andwill grow at a faster pace in the time ahead.
He said Vietnamese businesses have begun toinvest or open affiliates and representative offices in Japan. However, thenumber of such firms remains modest, mostly because information about Japan’sbusiness environment, advantages and potential has yet to reach enterprises inVietnam.
Kitagawa stressed that Japan is a good investmentdestination because the country has a giant consumption market and has thethird biggest GDP in the world. Communication and transport systems in Japanare developed, and in recent years, the Japanese Government has issued manyinvestment attraction incentives such as reducing corporate income tax andstreamlining procedures.
According to the JETRO official, Vietnamesecompanies which want to invest in Japan will be provided with free servicesafter they finish registration procedures at the JETRO office. They will alsobe given free temporary office space fully equipped with internet, telephoneand fax connections within 50 days of working at the Invest Japan BusinessSupport Centres, located at the cities of Tokyo, Yokohama, Nagoya, Osaka,Kobe and Fukuoka.
Kitagawa said favourable conditions are offeredto Vietnamese firms with intention to invest in Japan.-VNA
VNA
