President Truong Tan Sang greets Japanese entrepreneurs

Thien Thanh Sanitaryware joint company



President Truong Tan Sang greets Japanese entrepreneurs

President Truong Tan Sang hosted a reception for Yoichi Kobayashi, Chairman of the Japan-Mekong Business Cooperation Committee, in Hanoi on October 31.

Yoichi Kobayashi, who led a business delegation from the Japan Chamber of Commerce and Industry on a visit to Vietnam, informed the President about outcomes of their working sessions with Vietnamese ministries and localities and stressed Japanese companies’ keen interest in the country.

Japanese businesses are satisfied with investment policies in Vietnam as well as the completion of industrial parks, airports and seaports in Hanoi , Hai Phong city, and Quang Ninh province, he said, adding that during this visit, a number of Japanese firms decided to invest in Vietnam in such fields as rice processing, hospitality, and retail.

The delegation also put forth proposals to help Vietnam better its legal framework and develop infrastructure, support industries and human resources.

For his part, President Truong Tan Sang said Vietnam’s legal framework on business has been improved and the Law on Investment, once approved by the National Assembly, will further facilitate foreign investment.

He emphasised that Vietnamese relevant agencies will work closely with the Japanese side to thoroughly solve existing problems, while voicing his hope for more investments from Japan so as to foster the extensive strategic partnership between the two countries.

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