Japanese Ambassador: post-tsunami recovery goes on

The Japanese Ambassador to Vietnam, Yasuaki Tanizaki, said the recovery process in Japan is successfully going on one year after the disastrous earthquake and tsunami.
The Japanese Ambassador to Vietnam, Yasuaki Tanizaki, said the recoveryprocess in Japan is successfully going on one year after the disastrousearthquake and tsunami.

“Last week I had a chanceto visit the sites which were very heavily damaged by the tsunami. It isa very awful scene,” the ambassador said in a recent exclusiveinterview to the Vietnam News Agency on the occasion of the disaster’sone year anniversary.

“Only a few buildings remain,and I have noticed the point where sea water caused by the tsunami cameto the height of the fourth floor of the buildings,” he said, addingthat even in that situation, the people have been living there. “Theyare very, very brave. They have been struggling with the recoveryprocess.”

The Ambassador again expressed his thanksto people of Vietnam for their support to Japan following theMarch 11 disaster.

He talked of Japan sufferinga serious budget deficit in addition to the heavy losses caused by thetsunami and earthquake. In spite of this, the Japanese government hasrecently increased ODA to Vietnam, amounting to more than 2 billionUSD.

“That is a remarkable increase,” Tanizaki saidwhile noting that Japan is convinced it should extend and strengthencooperation with Vietnam .

“I believe very veryfew Japanese people believe we should decrease ODA to Vietnam, so mostof the people, almost 100 percent, are supportive of our policy toVietnam,” the ambassador said.

Japan’sinvestment in Vietnam has also increased remarkably with over 200projects in 2011 – twice as much as the level of the previous year.

To facilitate Japanese potential investors, theJapanese Embassy together with Japanese government affiliatedorganisations such as Japan External Trade Organisation (JETRO) hasprovided information relating to policies and laws, according to theAmbassador.

“What we are doing is to provide appropriateinformation to potential Japanese investors because they are strugglingwith shortages of information such as regulation and labour law andtaxation system in Vietnam,” he said.

According to JETRO,Vietnam remained one of the leading destinations for Japaneseinvestors in 2011, receiving a total of 1.84 billion USD in investment.The manufacturing sector accounted for 54 percent of total projects,mostly producing construction machines, automobile spare parts andelectronic components. Trade and service businesses made up 15 percentof the projects, including top Japanese retailer Ministop.-VNA

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