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Japan’s Kanagawa prefecture keen to invest in Vietnam

2019-09-09 10:24:37 Release

Japan’s Kanagawa prefecture keen to invest in Vietnam 

VOV.VN - Numerous small- and medium-sized enterprises (SMEs) in Japan’s Kanagawa prefecture desire to invest in Vietnam, Governor Yuji Kuroiwa said at an investment promotion forum in Yokohama, co-organised by Kanagawa authorities and the Vietnamese Embassy in Japan on September 6.

  

Hundreds of Japanese businesses were in attendance at the event, during which representatives from four Vietnamese provinces of Thai Binh, Ha Nam, Hung Yen, and Vinh Long introduced their potential and investment attraction policies. 

In his opening speech, Kuroiwa assured Kanagawa authorities’ willingness to support local firms to run investment in Vietnam. 

Vietnamese Ambassador to Japan Vu Hong Nam highlighted the thriving Vietnam-Japan relations, stating that now is the best time for Vietnamese and Japanese investors to augment cooperation. 

The Vietnamese Government always takes heed to Japanese SMEs with advanced technologies, while the Japanese Government is incentivizing local companies to invest in Vietnam. 

Do Nhat Hoang, Director of the Foreign Investment Agency under the Vietnamese Ministry of Planning and Investment, updated the participants on the country’s business climate and investment attraction policies. 

He said stable socio-politic environment, high economic growth, abundant human resources, competitive production costs, and open policies for investors are seen as contributory factors to making Vietnam an attractive destination for foreign investors. Vietnam regards quality, effectiveness, technology and environmental protection as the most important criteria in assessing FDI projects, Hoang added.