Japanese firms hail Vietnam investment environment

(VOV) - The Governor of Saitama Prefecture of Japan, Kiyoshi Uedaon, has praised the Vietnam investment environment, saying the prefecture will encourage its business community to invest in Vietnam.

At talks on October 28 in Hanoi with Saitama business representatives, Nguyen Thi Bich Ngoc, Deputy Director of the Foreign Investment Agency quoted a survey as saying Saitama businesses have selected Vietnam as the top investment destination in Southeast Asia.

Ngoc said the number of Saitama businesses that have registered to invest in Vietnam has risen significantly in recent times and now stands at 62.

In the coming times, the two sides’ relevant agencies have agreed to closely coordinate to support Japanese businesses investment in Vietnam.

Nguyen Van Phung, Head of the Tax Policy Department under the Ministry of Finance introduced new information and regulations on tax, adding that Vietnam has paid great effort to complete legal framework to improve its FDI attraction.

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