Vietnamese Ambassador to Japan Nguyen Phu Binh has expressed strong belief that economically and technologically powerful Japan would rally from twin natural disasters to resume overseas investment soon.

The workshop on the Vietnamese investment climate in Tokyo on April 21 was evidence that backed Binh’s belief, as participants heard a presentation of Vietnam’s strengths designed to encourage foreign investment.

Counsellor of the Vietnamese Embassy in Japan Tran Le Tien briefed Japanese business executives on the country’s strategic position, rich natural resources, stable political and social climate and young labour force.

He also highlighted Vietnam’s foreign and economic policies in the renewal process, its achievements and development plans for the next decade.

Another counsellor, Le Huu Quang Huy delivered a speech on reasons why investors should pour money into Vietnam.

His “Vietnam – an ideal destination for producers” report also recommended to Japanese investors areas that enjoy the Vietnamese Government’s stimuli and may offer profit opportunities.

Japan-Vietnam Business Bridge (JVBB) CEO Yoshio Furuya emphasised socio-political stability, stimuli for foreign investors and low labour costs as Vietnam’s advantages in foreign investment attraction.

Vietnam-Japan diplomatic relations, established on September 21, 1973, have made huge leaps since early 1990s and are now upgraded to a strategic partnership.

Bilateral relations have developed firmly in all fields, ranging from politics to economics, trade, investment, tourism, culture and human resource development.

Japan is Vietnam’s leading ODA donor, foreign direct investor and trade partner./.