Politics

Prime Minister pledges favorable conditions for Japanese groups

Vietnam will create all favorable conditions for Japanese groups and corporations to do successful business in the country, Prime Minister Nguyen Xuan Phuc has pledged.
Prime Minister pledges favorable conditions for Japanese groups ảnh 1Prime Minister Nguyen Xuan Phuc (R) hosts Masayoshi Fujimoto, President and CEO of Sojitz Corporation of Japan (Photo VNA)

Hanoi (VNA) – Vietnam will create all favorable conditions for Japanese groups andcorporations to do successful business in the country, Prime Minister NguyenXuan Phuc has pledged.

At a reception for MasayoshiFujimoto, President and CEO of Sojitz Corporation of Japan in Hanoi on March 1,the PM hailed the group for its investment in many projects with success,citing the project to produce high-quality rice, contributing to Vietnam’sagricultural economy development.

[JETRO: 70 pct of Japanese firms want to expand business in Vietnam]

He also lauded Sojitz for pouring investments in infrastructure and industrialparks in Vietnam, saying the move meets real demand of localities in thecountry.

He hoped theJapanese group will expand its operation in Vietnam and do more for Vietnam’ssocio-economic development, especially in clean energy, agriculture, and foodsafety.

He said he expects that based on the extensive strategic partnership, moreJapanese investors will come to Vietnam.

“The success ofJapanese investors will make important contributions to bolstering anddeepening the efficient, productive relations between the two countries,” thePM said.

Emphasizing thesignificance of and more opportunities from the participation in CPTPP of bothVietnam and Japan, he said he hopes businesses of the two countries will makethe best use of this chance, bringing benefits for their country.

Masayoshi Fujimotospoke highly of Vietnam’s socio-economic achievements, saying his corporation hasbeen present in various fields in Vietnam for years and is focusing on theproduction of high-quality rice with a view of contributing to developing asafe food industry in the country.

In addition, Sojitz has been concentrating on completing power projects andconducting cooperative activities in training talents and high-quality humanresources in Vietnam, he said, expressing his hopes to continue receivingsupport and assistance from the Prime Minister and other functional agenciesduring the group’s investment process in the country.-VNA

VNA
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