PM pledges to improve business climate for Japanese investors

Tokyo (VNA) – Prime Minister Nguyen Xuan Phuc has affirmed that Vietnam vows to create the best business environment for Japanese enterprises and urged them to expand activities in the country and increase connections with local firms.

Receiving representatives of some Japanese businesses on the sidelines of the 10th Mekong-Japan Summit Meeting in Tokyo on October 8, the PM spoke highly of the important role of Japanese companies in fostering bilateral ties and thanked them for practically contributing to Vietnam’s development.

At a reception for Shinobe Osamu, Vice Chairman of ANA Holdings Inc., the largest aviation group in Japan and one of the leading airlines in the world – the PM asked the firm to step up collaboration with Vietnamese carriers.

He applauded ANA’s purchase of more shares of national flag carrier Vietnam Airlines and its cooperation in training human resources for Vietnam’s aviation sector.

The ANA leader appreciated the support of the Vietnamese Government, saying that his group has had a good level of cooperation with Vietnam Airlines in recent times and will look to expand it in the future.

ANA is speeding up connectivity projects to make famous Vietnamese localities such as Da Nang, Nha Trang, and Phu Quoc competitive destinations in the region and the world, he said.

He expressed his wish that the Japanese Government will provide more favourable conditions for Vietnamese citizens to enter Japan.

Receiving Okada Motoya, CEO of AEON Group, one of the largest retailers in the world, PM Phuc encouraged the group to bring made-in-Vietnam products, especially farm produce and food, to its shopping malls around the globe. He suggested AEON develop a system of large-scale, modern shopping malls and train human resources for the retail sector in Vietnam.

The AEON leader said that Vietnam is an attractive market for AEON and pledged to bring Vietnamese goods to its chain stores in Japan and other countries. He proposed that the Vietnamese Government facilitate the import of Japanese goods to serve Vietnamese consumers and enable AEON to expand investment to the private credit field in order to promote modern transactions.

AEON is committed to increasing social activities such as providing scholarships for Vietnamese students, building schools, and protecting the environment, he added.

While talking to Tasuo Yasunaga, President and CEO of Mitsui Company, PM Phuc said the Vietnamese Government wants Mitsui to increase its investment in infrastructure development, energy including solar power, high-tech industries, and those using artificial intelligence.

The Mitsui leader said he is impressed with the current development of Vietnam, pledging the company’s long-term investment in the Southeast Asian nation. –VNA