Vietnam Pledges Favorable Conditions for Kansai Investors

Vietnamese Prime Minister Nguyen Tan Dung agreed with Chairman Yoshihisa Akiyama of the Kansai Economic Federation (Kankeiren) to open a Kansai-Hanoi air route and create favorable conditions for economic, trade, and investment cooperation between Kansai region and Vietnam, according to local media.

 

The agreement was made at a meeting between Dung and Kankeiren delegation in Hanoi on April 16.

 

At talks, Yoshihisa Akiyama said Kansai firms are now keen on investing in Vietnam’s information and biological technology and supporting industries.

 

The Vietnamese leader, for his part, affirmed the Vietnamese government would create favorable conditions for Japanese investors to successfully do business and invest in Vietnam.

 

According to him, most of Japanese-invested firms in Vietnam have operated effectively. Japan now ranks the fourth among 76 countries and territories investing into Vietnam, with total capital of US$938 million.

 

During the visit to Vietnam to seek opportunities, one Kansai firm opened a representative office in Hanoi to pave the way for its investment into a liquefied gas plant in Vietnam.

 

More than 40 heads of leading firms from Kansai, meanwhile, will take part in a Vietnam-Japan business forum.

 

In March, Prime Minister Dung also pledged to create favorable conditions for Japanese investors to successfully do business in the country, when he received a delegation from the International Friendship Exchange Council of Japan.

 

Vietnam-Japan two-way trade last year reached US$8 billion. (The People, Vietnam Government’s website)