Japanese investors eye VN

10:15 AM @ Tuesday - 25 May, 2010

TOKYO — Japanese investors are happy with investing in Viet Nam as the country boasts political stability, an abundant, young and skilled workforce and a market of over 80 million people, said Saito Nobuo, a representative from the Japan-Viet Nam Friendship Association (JVFA).

Speaking at a conference on investment opportunities in Viet Nam jointly held by the JVFA and Viet Nam-Japan Business Club in Japan's Yokohama city last Saturday, Saito Nobuo gave a presentation on his organisation's activities to boost multi-faceted co-operation and exchange between the two countries.

He spoke highly of Viet Nam's high economic growth despite the difficulties created by the global economic crisis.

Economic exchanges between Vietnamese and Japanese enterprises have helped bolster relations between the two countries, Nobuo said, suggesting that businesses should continue consolidating bilateral ties through their trade and investment activities.

At the conference, businesses from the northern port city of Hai Phong provided information on business situations and incentives for foreign investors while investing in Viet Nam and in the city in particular.

According to Pham Hong Diep, President of the Hai Phong Young Entrepreneurs' Association, a range of Japanese businesses operating in infrastructure construction, industrial parks, bridges and wharves had seen success in Hai Phong.

Demand for investment opportunities in Viet Nam continues to rise in Japan. Japanese agencies have co-ordinated with Vietnamese ministries, agencies and localities to organise investment promotion seminars in Japan to help businesses become better informed of investment opportunities in the Southeast Asian country.

(Source: VNS)