Japanese businesses interest in Vietnamese market hinh anh 1Part 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