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PM pledges to improve business climate for Japanese investors

Released at: 12:32, 09/10/2018

PM pledges to improve business climate for Japanese investors

PM Nguyen Xuan Phuc (R) receives Mr. Shinobe Osamu, Vice Chairman of ANA Holdings Inc. in Tokyo on October 8 (Photo: VNA)

PM Nguyen Xuan Phuc met with leaders of ANA, AEON and Mitsui Groups on October 8 in Tokyo.

by Long Van

Prime Minister Nguyen Xuan Phuc met with representatives of a number of Japanese businesses in Tokyo on October 8, on the sidelines of the 10th Mekong - Japan Summit, which opened on October 9.

As quoted by the Vietnam News Agency, the Prime Minister affirmed that Vietnam vows to create the best business environment for Japanese enterprises and urged them to expand activities in the country and increase connections with Vietnamese firms.

At a reception for Mr. Shinobe Osamu, Vice Chairman of ANA Holdings Inc., the largest aviation group in Japan and one of the leading airlines in the world, Prime Minister Phuc asked the firm to step up collaboration with Vietnamese carriers.

He applauded ANA’s purchase of more shares of national flag carrier Vietnam Airlines and its cooperation in training human resources for Vietnam’s aviation sector.

According to the State-run news agency, the ANA Vice Chairman appreciated the support of the Vietnamese Government, saying that his group has had a good level of cooperation with Vietnam Airlines in recent times and will look to expand it in the future.

The news agency quoted him as saying that ANA is speeding up connectivity projects to make famous Vietnamese localities such as Da Nang, Nha Trang, and Phu Quoc Island competitive destinations in the region and the world.

He expressed his wish that the Japanese Government will provide more favorable conditions for Vietnamese citizens to enter Japan.

Receiving Mr. Okada Motoya, CEO of AEON Group, one of the largest retailers in the world, Prime Minister Phuc encouraged the group to bring made-in-Vietnam products, especially farm produce and food, to its shopping malls around the globe. He suggested AEON develop a system of large-scale, modern shopping malls and train human resources for the retail sector in Vietnam.

The AEON leader said that Vietnam is an attractive market for AEON and pledged to bring Vietnamese goods to its chain stores in Japan and other countries. He proposed that the Vietnamese Government facilitate the import of Japanese goods to serve Vietnamese consumers and enable AEON to expand investment to the private credit field in order to promote modern transactions.

AEON is committed to increasing social activities such as providing scholarships for Vietnamese students, building schools, and protecting the environment, he added.

While talking to Mr. Tasuo Yasunaga, President and CEO of the Mitsui Company, Prime Minister Phuc said the Vietnamese Government wants Mitsui to increase its investment in infrastructure development, energy including solar power, high-tech industries, and those using artificial intelligence.

The Mitsui leader said he has been impressed with the current development of Vietnam, pledging the company’s long-term investment in the country.

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