“Vietnam has always welcomed Japanese investors and has been creating better conditions to attract more foreign investors, especially those from Japan”, affirmed President Nguyen Minh Triet at a meeting with the delegation of Japan's International Friendship Exchange Council (FEC) in Hanoi on March 12.
The Vietnamese State and Government highly appreciate Japanese projects in Vietnam, the President said, calling for more investment from Japanese investors into the country’s transport sector, particularly the North-South Highway and Express Railway projects.
The president also expressed strong belief that Japanese economic potential, state-of-the-art technology and advanced management skills, with the two nations' cultural similarities, will help boost the relationship between the two countries.
At the meeting, President Triet stressed that Vietnam is determined to continue renovation and escape underdeveloped status towards becoming a modern industrial country by 2020.
Muto Takayoshi, President of the FEC's Committee for Japan-Vietnam Cultural-Economic Exchange and head of the delegation, hailed Vietnam’s socio-economic developmental achievements as well as the traditions of the Vietnamese people.
He added that FEC will further strengthen relations with Vietnam. He also expressed his wish that the Vietnamese State and Government create more investment opportunities for Japanese firms.
More and more Japanese investors are eyeing Vietnam rather than China or Thailand, seeing the country as the safest investment destination in Asia, affirmed Japanese Ambassador to Vietnam Hattori Norio in a recent interview with Vietnam local newspapers.
Japan’s investment in Vietnam has risen by 3 times, from US$300 million in 2003, to US$840 million in 2005, and US$996.2 million in 2006. (VNA, Youth)