Deputy Minister of Planning and Investment Dao Quang Thu has affirmed that there will be more incentives to assist Japanese businesses to invest in Vietnam.

At a working session with Chairman of the Japan Chamber of Commerce and Industry Tadashi Okamura in Hanoi on Sept. 25, Thu said the Vietnamese Government is interested in attracting foreign investment with focus on devising policies to lure investors and provide human resources.

The government has also prioritised training human resources for rural areas, industrial and export processing zones and other training programmes, he said, adding that Vietnam also encourages investment in vocational training establishments as well as small- and medium-sized enterprises (SMEs).

Meanwhile, head of the Foreign Investment Department Do Nhat Hoang said the Vietnamese Government will assist Japanese SMEs in tax, land and human resources training.

Vietnam will amend the laws on land and investment to facilitate investors, he added.

Japanese businesses said Vietnam has advantages in geographical position to develop logistics and goods transport. Deputy General Director of Nipon Express company said his company wants to invest in Vietnam to develop logistics service.

On the occasion, Minister of Planning and Investment Bui Quang Vinh and Chairman Okamura signed a memorandum of understanding on cooperation in investment promotion.-VNA