PM calls for Japanese investment in information technology

Prime Minister Nguyen Xuan Phuc has called on Japanese groups and companies to invest in Vietnam, especially in hi-tech and environmentally-friendly projects.
  
PM calls for Japanese investment in information technology ảnh 1PM Nguyen Xuan Phuc (M) and Japanese business representatives (Photo: VNA)

Tokyo (VNA) – Prime Minister NguyenXuan Phuc has called on Japanese groups and companies to invest in Vietnam,especially in hi-tech and environmentally-friendly projects, when chairing atalk with representatives from 60 local businesses operating in informationtechnology in Tokyo on June 6.

Vietnam holds advantages and potential indeveloping IT, agriculture, tourism and human resources improvement, he said,adding that information technology is booming in the country.

In 2015, Vietnam entered Top10 Asian-Pacific andTop 30 world software outsourcing nations. In 2016, its export turnover ofmobile phones, computers, cameras and spare parts exceeded 55 billion USD.

About 52 percent of the population are using theInternet and 60 percent of under-35 people quickly get update on newtechnology, PM Phuc noted.

The Government leader told participants thatVietnam has actively carried out measures to reform institution and law, betterthe business environment and promote start-up and innovation.

He quoted the Japan External TradeOrganisation’s report as saying that 90 percent of Japanese enterprises believein more profits when expanding operation in Vietnam, while 63 percent ofbusinesses earn profits in 2016 and 66.6 percent plan to expand business in thecountry.

The Government leader took the occasion toinvite Japanese businesses to participate in APEC Year 2017 activities inVietnam, saying that this will be a chance to understand more about Vietnam,expand operation and seek investment opportunities in the country.

At the event, participating businesses sharedthat they had gained success when running business in Vietnam.

They affirmed to contribute more to the two countries’relations and Vietnam’s socio-economic development.

PM Phuc affirmed that the Vietnamese Governmentand localities will create all favourable conditions for Japaneseinvestors.-VNA
VNA

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