VN facilitates Japanese firms operations: PM

Jul 19th at 13:47
19-07-2019 13:47:11+07:00

VN facilitates Japanese firms operations: PM

The Government and competent agencies have pledged to create favourable conditions and a better working environment for Japanese enterprises to do business in Viet Nam, Prime Minister Nguyen Xuan Phuc said.

The Government leader was speaking during his reception for Yanai Tadashi, Chairman and CEO of the Japanese retail group Fast Retailing in Ha Noi yesterday, during which he reiterated that Japan is one of Viet Nams leading economic partners.

He praised the business and investment activities of Fast Retailing in Viet Nam, saying that with its population of more than 96 million, Viet Nam is a potential market for Japanese textiles and garment products.

The operation of Japanese firms in Viet Nam will contribute to strengthening strategic partnership between the two countries, he added.

Yanai Tadashi said his company will develop a retail system in Viet Nam in the future, along with its apparel products.

Since last November, Fast Retailing has provided training programmes for Vietnamese students in Japan and Southeast Asian nations, to make them representatives of Fast Retailing not only in Viet Nam but also other countries worldwide.

He suggested the Vietnamese Government direct competent agencies to grant construction and retail licences to the group, enabling it to expand investment and business activities in Viet Nam.

PM Phuc assigned the Ministry of Planning and Investment, relevant ministries and sectors to deal with the groups proposal.

bizhub



RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Vietnam fastest-growing economy in Southeast Asia: ADB

The Asian Development Bank maintains its Vietnam GDP growth forecast at 6.8 percent this year, and 6.7 percent in 2020, the highest in Southeast Asia.

Low disbursement of public investment in H1: MPI

The Ministry of Planning and Investment (MPI) must review obstacles in disbursing public investment as well as accelerate the speed of capital allocation...

HCM City seeks to become global financial hub

HCM City has committed to develop a detailed plan to turn the city into a regional and international financial hub after years of delay in carrying out the...

Vietnam to prudently screen FDI

Vietnam will attract foreign direct investment (FDI) projects in a selective manner in the coming years, stated Minister of Planning and Investment Nguyen Chi Dung.

Vietnam faces challenges from trade conflict

Statistics on import-export and investment activities during the first few months of the year show that Vietnam did not see any positive effects from the U.S.-China...

VN, Czech Republic strengthen trade relationship

Measures to boost two-way co-operation in economics, trade and investment were discussed at a meeting between officials from Viet Nam and the Czech Republic on...

Super committee should act as supportive agency

The Committee for Management of State Capital at Enterprises (CMSC) should act as an efficient and supportive State capital management agency, not a governmental...

VN, Latvia to boost trade cooperation

Viet Nam and Latvia have maintained close diplomatic relations, however, trade relations are not commensurate with the potential of the two countries.

IMF sees Vietnam's economic growth slowing to 6.5% in 2019

The International Monetary Fund on Tuesday said Vietnam’s economic growth was expected to slow to 6.5% in full-year 2019 from a 10-year high of 7.1% in 2018...

E-commerce: exorbitant losses for a single per cent

Each e-commerce platform needs to spend millions of US dollars to gain a single per cent of market share from competitors, showing just how serious the competition...


MOST READ


Back To Top