Last update 4/21/2012 3:27:16 PM (GMT+7)

PM pledges better business environment for investors
Vietnam has constantly improved its investment environment, and welcomed Japanese businesses to invest in the country.    

Prime Minister Nguyen Tan Dung made the statement at a reception in Tokyo on April 20 given by the Japan Chamber of Commerce and Industry (JCCI) and the Japan Business Federation (Keidanren).

He has been in Japan for the 4th Mekong-Japan summit at the invitation of Prime Minister Yoshihiko Noda.

He noted that Japan has so far invested in nearly 1,600 projects in Vietnam with total registered capital of over US$26 billion, making it the biggest foreign investor in the country.

Most big Japanese companies have been operating in Vietnam, providing high quality and competitive products and generating jobs for local people.

Dung acknowledged Keidanren’s efforts in realising the Vietnam-Japan Joint Initiative with its Vietnamese partners, aimed at improving the business environment and facilitating trade and investment in Vietnam.  

He expressed his hope that this year’s Mekong-Japan summit will identify “pillars of cooperation” among Mekong River member countries and Japan to offer new opportunities to their businesses.

Meeting Vietnamese Embassy officials and staff the same day, Dung asked representative Vietnamese missions in Japan to accelerate economic diplomacy so as to make recommendations concerning Japan’s development experience to the government.

In addition, he said, they help increase cooperation with Japan in infrastructure, support industries and logistics, energy, science-technology, human resources training, green development and environmental protection.

Another important for the missions is to attract official development assistance (ODA) and foreign direct investment (FDI) from Japan, and make full use of the Private-Public Partnership (PPP) model to mobilise foreign sources of aid for national industrialisation and modernisation.