Japanese businesses interest in Vietnamese market
After more than 20 years investing in China with success, Japanese businesses are now looking for opportunities in the Vietnamese market, said Amano Shinya, Director of the JETRO in Guangzhou, China.
Part of Ho Chi Minh City (Photo: VNA)Ho Chi Minh City (VNA) – After more than 20 years investing in China with success, Japanese businesses are now looking for opportunities in the Vietnamese market, said Amano Shinya, Director of the Japan External Trade Organisation (JETRO) in Guangzhou, China.
He made the statement during a meeting with Vice Chairman of Ho Chi Minh People’s Committee Le Thanh Liem on October 7.
Amano Shinya is leading a Japanese business delegation on a market study trip to Ho Chi Minh City.
Liem stated HCM City, as the largest southern economic hub, welcomes foreign investors, including those from Japan, adding that the municipal authorities have facilitated the operation of Japanese enterprises in the city for many years.
Answering his guests’ questions about policies on labour and investment attraction, he stressed the salary and labour policy for locals working for foreign companies is in line with regulations of the Vietnamese law.
The city has implement a range of measures to improve administrative procedure in licensing investment projects and to boost competitiveness of the local economy, he said.-VNA
You should also see
Vietnamese Deputy PM, Venezuelan President hold talks
Vietnamese Deputy Prime Minister Tran Luu Quang held talks with President of Venezuela Nicolás Maduro Moros in Caracas on April 18, as part of his ongoing official visit to the Latin American country.
See more
Business
InfographicADB maintains 2024 economic growth forecast for Vietnam
In its April 2024 Asian Development Outlook (ADO) report, the Asian Development Bank (ADB) has maintained its earlier forecast for Vietnam’s economic growth this year, despite ongoing uncertainties from the external environment. Vietnam’s economy is expected to achieve a growth rate of 6.0% in 2024 and 6.2% in 2025.
Business
Vietnam treasures multifaceted cooperation with Côte d'Ivoire: Deputy FM
Vietnam always attaches importance to and wishes to bolster multifaceted cooperation with Côte d'Ivoire – its traditional friendship partner in Africa, Deputy Minister of Foreign Affairs Nguyen Minh Hang has said.
Videos
Foreign investment driven towards new breakthrough phase
Vietnam has so far drawn nearly 500 billion USD in registered FDI capital after nearly four decades of opening up its economy, with investment quality improvement considered a key task for a new breakthrough phase ahead.
Business
Quang Ninh attracts additional 115 million USD from Japan investors
The Quang Ninh Economic Zone Authority (QEZA) presented investment certificates to two Japanese projects worth 115 million USD in total at a conference held at Song Khoai Industrial Park (IP) on April 19.
Business
Central bank plans to auction gold bars on April 22
The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
