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Vietnam Today

PM hails JETRO coordination in calling for Japanese investment

Released at: 12:00, 08/02/2017

PM hails JETRO coordination in calling for Japanese investment

Photo: VNA

The two sides will work hard to make Japan the largest investor in Vietnam, the PM hopes.

by Quoc Uy

Prime Minister Nguyen Xuan Phuc has lauded the JETRO’s (Japan External Trade Organisation) coordination with Vietnamese agencies in preparation for a program that calls for Japanese investment in Vietnam in the first half of 2017, the Vietnam News Agency (VNA) reported.

There was meeting that included JETRO Chief Representative in Vietnam, Atsusuke Kawada in Hanoi on February 7 and the Prime Minister. According to the State news agency, at the meeting PM Nguyen Xuan Phuc stressed that the program aims to introduce Vietnam’s image, socio-economic development, investment environment as well as cooperation potential and opportunities to Japanese firms, especially small and medium enterprises (SME).

He held that Japanese SMEs’ creativity and high technology is needed for Vietnam’s startups.

He expressed his hope that the two sides will work hard to make Japan the largest investor in Vietnam, thus contributing to the socio-economic development of Vietnam.

He asked Vietnamese agencies to coordinate closely with JETRO to popularize partnership, investment and trade opportunities in Vietnam within the Japanese business community.

The government leader noted that Vietnam is to welcome the Japanese emperor and queen, asserting that the visit will be a good symbol of bilateral relations between the two countries.
 

Atsusuke Kawada has said that although Japan ranks second among foreign investors in Vietnam, it ran 549 projects in the Southeast Asian country in 2016, the largest number compared to that of other foreign investors.

This shows Japan’s interest in the Vietnamese market, he said, adding that JETRO has been also regularly asked for consultations by Japanese firms regarding investment in Vietnam.

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