Kanagawa prefecture’s enterprises want to invest in Vietnam

Many small- and medium-sized enterprises (SMEs) in Japan’s Kanagawa prefecture want to invest in Vietnam, Governor Yuji Kuroiwa said at in investment promotion forum held in Yokohama on September 6.
Kanagawa prefecture’s enterprises want to invest in Vietnam
Kanagawa prefecture’s enterprises want to invest in Vietnam ảnh 1Governor Yuji Kuroiwa of Japan’s Kanagawa prefecture speaks at the forum (Photo: VNA)

Yokohama (VNA) – Manysmall- and medium-sized enterprises (SMEs) in Japan’s Kanagawa prefecture wantto invest in Vietnam, Governor Yuji Kuroiwa said at in investment promotionforum held in Yokohama on September 6.

In his opening speech, Kuroiwasaid Kanagawa authorities are willing to support local firms to make investmentin Vietnam.

Co-organised by Kanagawaauthorities and the Vietnamese Embassy in Japan, the forum drew theparticipation of hundreds of Japanese businesses. Representatives from fourVietnamese provinces, namely Thai Binh, Ha Nam, Hung Yen, and Vinh Long, tookthe occasion to introduce their potential and investment attraction policies.

Vietnamese Ambassador to Japan VuHong Nam said Vietnam-Japan relations are at their best and now is the most suitabletime for Vietnamese and Japanese investors to step up cooperation.

He noted that the VietnameseGovernment always pays attention to Japanese SMEs who own significant sums ofcapital and advanced technologies, while the Japanese Government is encouraginglocal companies to invest in Vietnam.

Do Nhat Hoang, Director of theForeign Investment Agency under the Vietnamese Ministry of Planning andInvestment, briefed the participants on the country’s business climate andinvestment attraction policies.

He pointed to factors that makeVietnam an attractive destination for foreign investors, including stablesocio-politic environment, high economic growth, abundant human resources,competitive production costs, and open policies for investors, among others.

Hoang affirmed that Vietnam considersquality, effectiveness, technology and environmental protection as the mostimportant criteria in assessing FDI projects.-VNA
VNA

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