Around 80 Japanese companies will visit Vietnam from November 11 to study the market, one of the most attractive among 20 new emerging economies in the world.
The mission will include medium- and small-sized Japanese businesses operating in the areas of electronics, mechanical engineering, automobile spare parts, plastics, software production and IT.
During the four-day visit organized by the Japan Trade Promotion Organization (Jetro), the Japanese guests will attend the Vietnam-Japan supporting industries exhibition co-sponsored by the Jetro and the Vietnam Trade Promotion Department.
They are scheduled to work with the Ministry of Planning and Investment (MPI) and visit the Hoa Lac Hi-tech Park, Thang Long Industrial Park (IP) and IPs in northern Hung Yen and Hai Duong provinces.
The central city of Danang, the starting point of the East-West Economic Corridor, will be an important part in their trip with the focus on seeking for in local industrial parks.
The visit is expected to attract a stronger investment inflow from Japan into Vietnam’s
supporting industries, an official from Jetro said.
According to a survey released in late August by Jetro, more than 75 per cent of Japanese manufacturers operating in Vietnam voted the country as the best production base for the next 5-10 years.
Vietnam posted the forth position on the list of potential destinations, to which Japanese companies operating in foreign countries plan to shift their operation in the future, Jetro said.
In a interview with Japan’s Asahi TV and NDN television channel on November 5, Sate President Nguyen Minh Triet Vietnam affirmed that Vietnam always consider Japanese as key investors.
Triet called for more Japanese investment in Vietnam, particularly in hi-tech industry and also pledged favorable conditions for Japanese companies.
His up-coming visit Japan is hoped to create a new momentum to boost the two-side trade and investment ties in the near future, the President noted. (Vietnam & World Economy, People Army)
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