At the meeting on July 8, Japanese businesses focused on Vietnam’s labour and tax policies and intellectual property rights in the context of high inflation and a multitude of labour issues. They also urged the country to further simplify customs procedures and distribution regulations, promote intellectual property protection and investment in power, transport and telecommunications development.

Director of the MPI’s Foreign Investment Department Phan Huu Thang said that Vietnam is working hard to create favourable conditions for investors in general and Japanese businesses in particular to operate in the country.

He also said that the Ministry will organise a meeting with foreign investors on existing obstacles in the investment disbursement process.