Japan signals more investment in Vietnam
(VOV) -Vietnam has recently implemented preferential policies for foreign investors, particularly those from Japan, in recognition of their mutual benefits.
Deputy PM Hoang Trung Hai was speaking at a meeting with Japan’s Foval Corporation Chairman and CEO Hideo Okubo in Hanoi on October 25.
He thanked the Foval Chairman for his efforts in encouraging Japanese businesses to invest in Vietnam, saying that his government is focusing on building and developing support industries required by targets to reduce the trade deficit and make Vietnam an industrialised country by 2020.
Okubo suggested that construction of industrial zones (IZ) in Vietnam should be integrated into urban zoning plans.
Japanese businesses are already investing in several IZs in Haiphong and Ba Ria-Vung Tau and seek to expand their operations in other cities and provinces across the nation.
As a result, they will need to support employment and training of human resources to master Japanese, he concluded.