Quality human resources will attract Japan
Vietnam should develop high quality human resources and upgrade
infrastructure, especially for industrial, export processing and
economic zones to attract Japanese small and medium enterprises (SMEs).
Vietnam should develop high quality human resources and upgrade
infrastructure, especially for industrial, export processing and
economic zones to attract Japanese small and medium enterprises (SMEs).
Japanese Ambassador to Vietnam Tanizaki Yashuki emphasised this at a seminar in Hanoi on March 22.
He affirmed the Japanese government’s policy of supporting SMEs in promoting investment in foreign countries to restore production after the devastating earthquake and tsunami in March and disperse risks.
Japan now has 220,000 SMEs operating in the manufacturing industry but only 2.7 percent of them have invested in foreign countries, the diplomat said.
Ambassador Yashuki described Vietnam’s socio-political stability, young workforce, investment policy and its strategic partnership with Japan as attractive factors.
Vietnam has embarked on developing support industries to reduce its dependence on imported input materials, producing high added-value goods and creating a firm foundation for the development of other industries.
Meanwhile, Prof. Kenichi Ohno, Director of the Vietnam Development Forum, said Vietnam is facing tough competition from other countries such as Myanmar, Thailand, Laos, Cambodia, and China.
Therefore, he said, Vietnam should focus on specific areas to meet the demand of different businesses.
He proposed that Vietnam not only offer favourable conditions but also improve infrastructural facilities, such as workshops and services for Japanese SMEs to invest effectively in industrial zones.
Vu Dai Thang, Head of the Department for Economic Zones Management under the Ministry of Planning and Investment (MPI), said Vietnam has introduced the Law on Investment, which shortens the licence approval process.
Investors in support industries will not only enjoy the exemption of land rental, preferential tax and credit policies but also simplified administrative procedures, offered by management boards of industrial, export processing and economic zones under the “one-stop” mechanism, he said.
Prime Minister Nguyen Tan Dung has instructed MPI to work closely with the northern port city of Hai Phong and southern Ba Ria – Vung Tau province to set up special industrial zones for Japanese SMEs.
The ministry is drafting policies and mechanisms for industrial zones to promote production in support industries, Thang said.-VNA
Japanese Ambassador to Vietnam Tanizaki Yashuki emphasised this at a seminar in Hanoi on March 22.
He affirmed the Japanese government’s policy of supporting SMEs in promoting investment in foreign countries to restore production after the devastating earthquake and tsunami in March and disperse risks.
Japan now has 220,000 SMEs operating in the manufacturing industry but only 2.7 percent of them have invested in foreign countries, the diplomat said.
Ambassador Yashuki described Vietnam’s socio-political stability, young workforce, investment policy and its strategic partnership with Japan as attractive factors.
Vietnam has embarked on developing support industries to reduce its dependence on imported input materials, producing high added-value goods and creating a firm foundation for the development of other industries.
Meanwhile, Prof. Kenichi Ohno, Director of the Vietnam Development Forum, said Vietnam is facing tough competition from other countries such as Myanmar, Thailand, Laos, Cambodia, and China.
Therefore, he said, Vietnam should focus on specific areas to meet the demand of different businesses.
He proposed that Vietnam not only offer favourable conditions but also improve infrastructural facilities, such as workshops and services for Japanese SMEs to invest effectively in industrial zones.
Vu Dai Thang, Head of the Department for Economic Zones Management under the Ministry of Planning and Investment (MPI), said Vietnam has introduced the Law on Investment, which shortens the licence approval process.
Investors in support industries will not only enjoy the exemption of land rental, preferential tax and credit policies but also simplified administrative procedures, offered by management boards of industrial, export processing and economic zones under the “one-stop” mechanism, he said.
Prime Minister Nguyen Tan Dung has instructed MPI to work closely with the northern port city of Hai Phong and southern Ba Ria – Vung Tau province to set up special industrial zones for Japanese SMEs.
The ministry is drafting policies and mechanisms for industrial zones to promote production in support industries, Thang said.-VNA
You should also see
Cuban leaders appreciate Vietnam’s support, call for more investment
Deputy Prime Minister Tran Luu Quang had a meeting with First Secretary of the Communist Party of Cuba Central Committee and President of Cuba Miguel Diaz-Canel in Havana on April 15.
See more
Business
Tra Vinh exports organic coconut flower nectar to Australia
The Tra Vinh Farm Co., Ltd (Sokfarm) in the Mekong Delta province of Tra Vinh has successfully exported its first shipment of organic coconut flower nectar products to Australia - the fifth main importer of the locality’s product.
Business
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
Business
Garment & textile sector tries to keep growth momentum
The Vietnamese garment and textile sector is carrying out various measures to bolster production and business activities amidst formidable challenges posed by falling demand, high inventory, and geopolitical instability in several countries, according to insiders.
Business
Central bank to resume gold bar bidding after 11 years
The State Bank of Vietnam (SBV) will resume gold bar bidding after 11 years, aiming to increase the supply of gold to the market, promptly and immediately settle the high difference in domestic and international gold prices, thus ensuring the gold market operates in a safe and stable, healthy, open, transparent and effective manner in accordance with the Prime Minister's direction.
Business
Hai Phong Techfest connects Vietnamese, RoK businesses
The Department of Science and Technology of the northern port city of Hai Phong is organising the International Techfest Connect 5+, a science and technology festival to promote connectivity in the northern coastal region, from April 15-16.
