Hanoi hopes to attract more Japanese investment
Many Japanese companies wish to invest in tourism, and the cooperation opportunities for Hanoi and Japanese businesses are promising if the two sides make good preparation, according to Minister of the Japanese Embassy in Hanoi Katsuro Nagai.
A new wave of Japanese investment is expected to pour into Vietnam in the coming time thanks to the Trans-Pacific Partnership (TPP) Agreement.
Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc said Hanoi, an economic and trade hub in the north, is likely to be an attractive destination to foreign investors.
Lon suggested domestic business players proactively take full of the advantages of the preferential tariff as committed under TPP.
The country has tried its best efforts to improve the investment climate and management efficiency,
he noted.
The Hanoi's two-places leaping in the Provincial Competitiveness Index (PCI) shows clearly the city’s determination to attract more foreign investments, especially in tourism sector.
Minister of the Japanese Embassy in Hanoi, Katsuro Nagai, described the cooperation between Vietnamese and Japanese businesses through specific projects as a practical signal to promote bilateral strategic relations.
Japanese businesses want to invest in tourism apart from transport, Katsuro Nagai said.
The cooperation opportunities between Hanoi and Japanese businesses are promising if the two sides make good preparation, he added.
Saying about the investment ties between Hanoi and Japan, Chairman of Hanoi People’s Committee Nguyen Duc Chung confirmed that the city always treasures and hopes to expand cooperation with Japanese partners.
Hanoi will speed up administrative reform and synchronise its policies and institutions to support Japanese enterprises and build a friendly investment environment, the Chairman affirmed.
The Hanoi Promotion Centre on Trade, Investment and Tourism have introduced Japanese firms to the city’s tourism potential and called on them to invest in hi-tech and industrial parks in Hanoi, as well as some projects under the public-private partnership (PPP) form.
Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc said Hanoi, an economic and trade hub in the north, is likely to be an attractive destination to foreign investors.
Lon suggested domestic business players proactively take full of the advantages of the preferential tariff as committed under TPP.
The country has tried its best efforts to improve the investment climate and management efficiency,
he noted.
The Hanoi's two-places leaping in the Provincial Competitiveness Index (PCI) shows clearly the city’s determination to attract more foreign investments, especially in tourism sector.
Illustrative image
|
Japanese businesses want to invest in tourism apart from transport, Katsuro Nagai said.
The cooperation opportunities between Hanoi and Japanese businesses are promising if the two sides make good preparation, he added.
Saying about the investment ties between Hanoi and Japan, Chairman of Hanoi People’s Committee Nguyen Duc Chung confirmed that the city always treasures and hopes to expand cooperation with Japanese partners.
Hanoi will speed up administrative reform and synchronise its policies and institutions to support Japanese enterprises and build a friendly investment environment, the Chairman affirmed.
The Hanoi Promotion Centre on Trade, Investment and Tourism have introduced Japanese firms to the city’s tourism potential and called on them to invest in hi-tech and industrial parks in Hanoi, as well as some projects under the public-private partnership (PPP) form.
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
16:27, 2024/08/24
Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years