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Submitted by ctv_en_7 on Wed, 05/23/2007 - 09:10
Ho Chi Minh City will continue to boost administrative reforms and improve the investment environment to create more favourable conditions for foreign investors, including those from Japan.

Deputy Chairman of the Ho Chi Minh City People’s Committee Nguyen Trung Tin made the commitment at the eighth roundtable on trade and investment between municipal authorities and the Japanese Business Association in Ho Chi Minh City (JBAH) on May 22.

At the roundtable, Japanese General Consul in HCM City Mizuki Ikuo spoke highly of the Vietnamese government’s efforts to amend a number of articles of the labour code. He said relevant local agencies have played an important role as intermediaries in settling strikes.

According to JBAH President Nakagawa Takuo, Vietnam is an extremely attractive investment destination and consumption market for Japanese investors.
JBAH members made suggestions on how to improve the investment and trade environment in southern provinces, especially in HCM City. They also discussed measures to deal with shortcomings regarding labour, taxation, distribution, investment promotion and improvement of legal regulations and infrastructure.

To date, 365 Japanese enterprises have joined the JBAH as full members.

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