Japanese businesses keen to expand operations in Vietnam: Keidanren

VOV.VN - Many Japanese businesses wish to expand their operations in Vietnam, especially in fields such as high-quality human resource training for supporting industries, software and clean energy production, among others.

Fujimoto Masayoshi and Hyodo Masayuki, co-chairmen of the Japan-Vietnam Economic Committee of the Japan Business Federation (Keidanren) were speaking at a reception hosted by National Assembly Chairman Vuong Dinh Hue in Hanoi on March 28.

To realize the plan, they proposed that the National Assembly and the Government of Vietnam accelerate administrative reform and further improve the business and investment environment in order to attract more Japanese businesses.

They affirmed that Vietnam is one of Japan’s important partners in implementing the Asia Zero Emission Community (AZEC), a platform put forward by Japanese Prime Minister Fumio Kishida. They expected both sides work closely together to remove difficulties in implementing the initiative.

Hue for his part highly appreciated the Vietnam - Japan Joint Initiative that has been successfully implemented over the past 20 years, and affirmed that Vietnam in general and the National Assembly in particular always support Japanese firms in investing and doing business in the country. He acknowledged the initiative’s contributions to policy recommendations aimed at improving the local investment and business environment.

He welcomed the recent launch of the first phase of the Vietnam – Japan Joint Initiative in the New Era that focuses on green transition, innovation, and digital transformation; the strengthening of the supply chain; the training of high-quality IT, AI, and semiconductor human resources; and the reform of mechanisms to improve the business climate.

Noting that these are essential, new fields, he requested Keidanren, the Ministry of Planning and Investment and Government agencies to work out specific, practical and effective action plans.

The National Assembly of Vietnam is approving relevant bills to effectively materialize these areas of cooperation, he said.

He proposed that the Japan-Vietnam Economic Committee and KEIDANREN continue to coordinate with Vietnamese agencies to strengthen policy dialogue, provide information and experience in lawmaking to further improve Vietnam’s investment environment.

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