11:00:04 AM | 26/11/2007
Nearly 100 Japanese businesses have recently attended a seminar in Tokyo on Hanoi’s investment environment, to look for business opportunities in Vietnam’s capital city, a municipal source said.
The seminar, which was co-held November 20 by the Hanoi Representative Office in Japan and the Tokyo Bureau of Labor and Industrial Affairs, is aimed to provide information to Japanese investors, helping them to make correct decisions in choosing destination for their projects.
At the gathering, Nguyen Thi Thuy Van from the office introduced the city’s socio-economic development and its environment for investment to attendants.
Many Japanese experts, who worked for Vietnam for years, including Tatsutoshi Satake from the Daiwa House Industry Co. Ltd, spoke of Vietnam and Hanoi, giving participants an overview of business environment and opportunities in the country.
According to a survey released in late August by the Japan Trade Promotion Organization (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.
Sate President Nguyen Minh Triet Vietnam has recently affirmed that Vietnam always consider Japanese as key investors and calls for more Japanese investment, particularly in hi-tech industry with pledged favorable conditions.
Japan now ranks the third among investors in Vietnam with 735 projects worth US$7.4 billion, and also is the biggest ODA provider of Vietnam. Deputy Finance Minister of Japan Shigeyuki Tomita has affirmed that Japanese ODA-funded projects are now effectively implemented in Vietnam. (Urban & Economy, VNA)