Prime Minister Nguyen Tan Dung told abusiness forum of the five countries in the Mekong region in Tokyo onJuly 3 that Vietnam has room for growth and undoubtedly brings newopportunities to Japanese firms.
The Vietnamesegovernment will continually stand by and enable smooth operations forJapanese investors in Vietnam, the PM stated while introducing Vietnam’sadvantages in geographical location and socio-political andmacro-economic stability, saying that the country is fine-tuning itsmarket economy regulations, developing human resources andinfrastructure and pushing international integration forward.
The forum, an activity on the sidelines of the 7th Mekong-JapanSummit, with attending leaders of Mekong countries and representativesfrom nearly 200 Japanese businesses, is a platform for both sides todiscuss development and business prospects in the region.
Speaking at the forum, Chairman and CEO of the Japan External TradeOrganisation (JETRO) Hiroyuki Ishige said his group has opened sixrepresentative offices in five Mekong countries. As many as 1,000Japanese firms applied for membership of the Japanese BusinessAssociation in the region from 2012-2015.
Japan’s direct investment in the region hit 6.8 billion USD, rivalling Japanese inflows into China, he said.
Participants held that the Mekong sub-region, with a population of 230million people and increasing income per capita, continues to be one ofJapan’s most significant manufacturing bases and consumption markets.
They said improving regional connectivity hascreated an encompassing network which could make the region become a newmanufacturing base of the world.
Over the past sixyears of development, Mekong-Japan cooperation has greatly benefittedthe GMS’s socio-economic development, especially in infrastructure,transport and logistics service, transforming the region into anattractive investment destination.-VNA