President Truong Tan Sang discussed what Vietnam should do to improve its investment attraction with a Japanese business delegation at a reception on September 5.

President Sang affirmed that investment from Japan has driven the growth of Vietnam’s economy.

He spoke highly of Japanese business people’s frank suggestions, adding that Vietnam will consider them, especially those relating to investment policies, to make necessary changes meeting practical requirements.

The State leader said Vietnam is making great attempts to restructure the economy and renovate its growth model, voicing his hope that Japanese businesses will continue supporting the country.

The Japanese business delegates, who are in Hanoi to attend the 2013 Vietnam-Japan Economic Summit which took place earlier in the day, briefed the President on the outcomes of the summit.

They said they came to Vietnam this time to study cooperation opportunities with Vietnamese partners in the context that the economy is seeing positive signals.

Many said Vietnam’s investment climate has shown signs of downgrading as less FDI projects are arriving in the country than in other regional nations.

Though Vietnam has seen changes from its economic restructuring, stronger reforms are vital to attract foreign investment, they said, hoping that their suggestions and ideas will aid the country’s ministries and agencies in perfecting policies.-VNA