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Creating favorable conditions for Japanese businesses to invest in Hanoi
Translated by Anh Kiet 17:47, 2017/03/17
That is confirmation by the Chairman of Hanoi People`s Committee Nguyen Duc Chung at the meeting with Mr. Takebe Tsutomu - Special Adviser for inVietnam-Japan Friendship Alliance on March 16.
 
Chairman of Hanoi People's Committee Nguyen Duc Chung received the Japan-Vietnam Friendship Parliamentary Union delegation
Chairman of Hanoi People's Committee Nguyen Duc Chung received the Japan-Vietnam Friendship Parliamentary Union delegation

The ceremony saw the attendance of senior leaders of NIDEC Group, representative of Japanese Embassy in Vietnam. Having spent many years in the Cabinet of Japan and being present for 25 years in Vietnam, at the meeting, Special Advisor Tsim Tseuu expressed his pleasure that the relationship between Japan and Vietnam is developing very well. It is time to introduce Japanese big corporations to invest in Hanoi. "I would like to introduce a lot of Japanese businesses to invest in Hanoi, on the basis of trusting allies," Tsubasa Takein Special Adviser said.

NIDEC Chairman and CEO Nagamori Shigenobu said that over 40 years of operation, NIDEC has achieved turnover of up to tens of billion dollars; Currently there are factories in 33 countries (mostly in Asia), with around 160,000 employees, mainly supplying high-end premium products and accessories to large corporations such as Canon, Samsung. It is expected that by 2030, we will invest in plants in 75 countries.

Welcoming the sentiments and aspirations of the Special Adviser Takebe Tsutomu and Chairman of NIDEC Group, Chairman of Hanoi People's Committee Nguyen Duc Chung affirmed that Hanoi always respects Japanese investors who are present early and contribute to the development of Vietnam and Hanoi Capital.

Talking about related issues, Chairman of Hanoi People's Committee Nguyen Duc Chung affirmed that Hanoi has four advantages for Japanese investors. It is an artificial source, the country's most highly trained; Preferential tax policy, including land tax, income tax, especially infrastructure, with 3 industrial zones that are only about 3-5 km away from the airport, facilitating many businesses for investment. For NIDEC Group, the City will ensure that within a week, it will meet the necessary information and complete necessary investment procedures, Chairman of the City People's Committee confirmed to concurrently assign Director of Foreign Affairs Department to provide the corporation with the necessary investment information.

Takebe Tsutomu, a Special Adviser and NIDEC Chairman, believes that with commitments made by the Chairman of Hanoi People's Committee, it will open new opportunities for NIDEC and Japanese businesses to invest in Hanoi.
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