Japanese firms to study hi-tech agriculture investment in Vietnam

Vietnamese Ambassador Nguyen Quoc Cuong at the event (Source :VOV)

The Japan External Trade Organisation (JETRO) will organise a visit to Vietnam for Japanese businesses to study the investment climate in hi-tech agriculture in this December, heard a workshop in Toyama prefecture on October 14. 

Nearly 70 Japanese firms were brought together to the event to get updated on the economic situation, new business policies and regulation in Vietnam. 

Officials from the Consulate General of Vietnam in Toyama and the northern province of Ha Nam pointed to trade and investment cooperation prospects between the two sides, particularly in hi-tech industry and agriculture. 

Vietnamese Ambassador to Japan Nguyen Quoc Cuong underlined the bilateral cooperation opportunities stemming from the freshly-concluded the Trans-Pacific Partnership (TPP) agreement and the establishment of the ASEAN Community by the yearend. 

He confirmed that the Vietnamese Government will continually create propitious conditions and improve the investment environment for Japanese enterprises. 

Representatives from the Japan External Trade Organisation (JETRO) described Vietnam as a primary destination for Japanese businesses. 

Ha Nam, in particular, is one of the most attractive localities for Japanese firms thanks to its active business climate improvements and assistance to foreign investors. 

Located in the north-west of Japan, Toyama prefecture has strength in manufacturing industry, producing electronic spare parts, pharmaceutics, agriculture and seafood.-VNA