PM assures support for Japanese enterprises
PM assures support for Japanese enterprises
Prime Minister Nguyen Xuan Phuc assured more than 30 corporate executives in the Kansai region of Japan that Vietnamese localities will offer all possible support for them to do business.
The Vietnamese leader made the point during a dialogue yesterday. Speaking highly of Kansai firms’ strength in equipment manufacturing, mechanical engineering, support industry and trade, the PM wished that they would soon launch projects in Viet Nam.
He suggested developing a particular scheme for the Kansai region based on survey results, adding that Kansai businesses should pour capital into key infrastructure projects, particularly those in public-private partnership models, environment and water resources treatment, renewable energy, finance-banking, and especially equitisation of State-owned enterprises.
Viet Nam is committed to creating the most favourable conditions for Japanese firms to do long-term business in the country, he stated.
Participating Kansai firms operate in electronics, trade, iron and steel, food processing, banking, construction, media, health care and industrial parks. They asked the Vietnamese government to upgrade infrastructure, further develop support industry, and minimise foreign exchange risks for investors due to the importation of materials. As Japan’s major economic and industrial region, Kansai is home to 10 prefectures including three big cities of Osaka, Kyoto and Kobe with strength in the manufacturing industry. The Kansai economic region is worth nearly US$931 billion, focusing on garments, chemicals and electronic spare parts.
Meeting Osaka prefecture authorities the same day, PM Phuc said Viet Nam appreciates the expansion of co-operation with Japanese localities, including the Osaka prefecture and other localities in the Kansai region, considering it an important factor in advancing ties between Viet Nam and Japan.
Lauding the results of co-operation between the Osaka prefecture and Vietnamese localities, especially HCM City and Hoi An City, he thanked Osaka authorities and people for actively helping the Vietnamese Consulate General perform its role as a bridge linking the Kansai region and Viet Nam, as well as assisting Vietnamese nationals living here.
On the occasion, he asked Governor of Osaka prefecture Ichiro Matsui and Kansai authorities to encourage local enterprises, especially small- and medium- ones, to invest in Viet Nam in the fields of high technology and support industries.
