Japanese firms sanguine on Hanoi’s business climate
15:08, 2014/07/04
Hanoi is a dynamic city with a good business environment that instils confidence in Japanese investors, Thailand’s Reedtradex, ASEAN’s leading exhibition organiser recently reported.
Reedtradex reports that many Japanese businesses have already confirmed their presence at Vietnam Manufacturing Expo 2014, to be held at the Cultural Friendship Palace in Hanoi on August 27-29.
They have huge expectations for business opportunities in Vietnam and will be attending the event prepared to seize on investment opportunities, Reedtradex reports.
Seiji Masuda, Sanko Fastem company Director General, spoke highly of the healthy business climate in Vietnam as well as in Hanoi.
“We are the leading manufacturer of anchor bolts in Japan. Many factories are sprouting up throughout Vietnam and our products are needed in all phases of constructing their facilities and maintaining their production lines. This is a huge opportunity for us to expand our business,” Masuda said.
Masato Hayashi, a sales manager for Hitachi Cable, said his firm is bullish on the huge opportunities in the social infrastructure industries in Hanoi. The capital city is soliciting funding from Japan for a number of environmentally friendly social infrastructure projects for the 2013-2015 period. This offers opportunities for Japanese firms across the board in a wide variety of fields including electronics, information technology, bio-technology, infrastructure, high quality human resource training, large-scale projects, as well as financing, banking, and healthcare services, he noted.
Municipal officials have committed to building an open and transparent investment environment to meet the requirements of the international integration process and have gained the trust of Japanese investors.
Seiji Masuda, Sanko Fastem company Director General, spoke highly of the healthy business climate in Vietnam as well as in Hanoi.
“We are the leading manufacturer of anchor bolts in Japan. Many factories are sprouting up throughout Vietnam and our products are needed in all phases of constructing their facilities and maintaining their production lines. This is a huge opportunity for us to expand our business,” Masuda said.
Masato Hayashi, a sales manager for Hitachi Cable, said his firm is bullish on the huge opportunities in the social infrastructure industries in Hanoi. The capital city is soliciting funding from Japan for a number of environmentally friendly social infrastructure projects for the 2013-2015 period. This offers opportunities for Japanese firms across the board in a wide variety of fields including electronics, information technology, bio-technology, infrastructure, high quality human resource training, large-scale projects, as well as financing, banking, and healthcare services, he noted.
Municipal officials have committed to building an open and transparent investment environment to meet the requirements of the international integration process and have gained the trust of Japanese investors.
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