President values Japanese support to improve Vietnam’s business climate

President Tran Dai Quang has said that he highly appreciates the Japanese Business Federation’s (KEIDANREN) valuable support in improving the business environment in Vietnam and helping Japanese firms invest more in Vietnam.

President Tran Dai Quang shakes hand with KEIDANREN's Japan-Vietnam Economic Committee Co-Chair Kuniharu Nakamura. (Image: VNA)
President Tran Dai Quang shakes hand with KEIDANREN's Japan-Vietnam Economic Committee Co-Chair Kuniharu Nakamura. (Image: VNA)

The statement was made on July 31, during a reception for a delegation of KEIDANREN’s Japan-Vietnam Economic Committee.

President Quang emphasised that Vietnam considers Japan a highly important and long-term partner and wishes to further deepen the fine relationship in a more comprehensive and substantive manner.

He said that Vietnam’s economic potential will present many new opportunities for Japanese companies and pledged to create favourable conditions for them to conduct long-term and profitable business in Vietnam in the spirit of mutual success.

In this desire, the Vietnamese leader asked KEIDANREN to continue encouraging Japanese investment in priority sectors such as high-tech agriculture, electronics, car manufacturing, environmental protection and energy efficiency.

According to the committee co-chair Kuniharu Nakamura, Vietnam is an attractive market for Japanese businesses thanks to its rapid economic growth, large population, political stability and gateway to other ASEAN countries.

He affirmed that KEIDANREN wishes to cooperate with Vietnam to enhance the country’s competitiveness and quality of human resources.

Co-chair Hideo Ichikawa, for his part, recognised Vietnam’s efforts to improve its business climate and stressed that Japanese businesses wish to continue implementing high-quality infrastructure projects under public-private partnerships.

KEIDANREN is a federation of nearly 1,340 large Japanese companies, 109 nationwide industrial associations and 47 regional economic organisations.