CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy
JETRO: Japanese businesses interested in Vietnam's market
By Tuan Minh 11:42, 2017/02/08
Prime Minister Nguyen Xuan Phuc has lauded the Japan External Trade Organisation’s (JETRO) coordination with Vietnamese agencies to prepare for a programme to call for Japanese investment in Vietnam in the first half of 2017.
At the yesterdays's meeting with JETRO Chief Representative in Vietnam Atsusuke Kawada in Hanoi, the PM stressed that the programme aims to introduce Vietnam’s image, socio-economic development, investment environment as well as cooperation potential and opportunities to Japanese firms, especially small- and medium-sized enterprises (SME).

He held that Japanese SMEs’ creativity and high technology is needed for Vietnam’s startups. He expressed his hope that the two sides will work hard to make Japan the largest investor in Vietnam, thus contributing to socio-economic development of Vietnam.
 
Prime Minister Nguyen Xuan Phuc hosted reception for JETRO Chief Representative in Vietnam Atsusuke Kawada
Prime Minister Nguyen Xuan Phuc hosted reception for JETRO Chief Representative in Vietnam Atsusuke Kawada
 
He asked Vietnamese agencies to coordinate closely with JETRO to popularise partnership, investment and trade opportunities in Vietnam among the Japanese business community. The Government leader noted that Vietnam is to welcome Japanese Emperor and Queen, asserting that the visit is a good signal in the bilateral relations.

For his part, Atsusuke Kawada said that although Japan ranks second among foreign investors in Vietnam, it run 549 projects in the Southeast Asian country in 2016, the largest number compared to that of other foreign investors.

This shows Japan’s interest in the Vietnamese market, he said, adding that JETRO has been also regularly asked for consultations by Japanese firms on investment in Vietnam. Japanese enterprises are likely to pour large investments into environmental projects in Vietnam in the near future to fully tap its potentials, said a representative of JETRO. 

At the same time, the Japanese Government has supported domestic firms planning to invest in Vietnam through ODA-related and public-private partnership support policies, Takimoto said, adding that Japan has also given flexible policies to private companies in terms of capital access. 

Japanese retailers have devised a detailed plan, with active support from their Government, to tap the huge potential of the Vietnamese market. Japanese enterprises have performed market research and then taken moves to attract more local consumers to their products.

JETRO is an independent government agency first established in February 1952 to promote Japanese exports. JETRO maintains seventy-three offices in fifty-five countries, as well as thirty-six regional offices in Japan, with a total staff of approximately 1,500.

JETRO Hanoi is specifically responsible for promoting Japanese foreign trade and foreign investment activities in Hanoi; supporting external economic activities of small and medium sized businesses; and collecting, processing and researching information about the local economy.
Comments
Other news
20:15, 2025/02/05
Vietnam prepares for potential global trade wars: PM
If such a situation arises, it could disrupt supply chains and shrink Vietnam’s export markets.
16:39, 2025/02/05
Vietnam faces increased trade remedies amidst growing export success
Vietnam's growing exports and substantial trade surplus continue to make it a target for trade remedy measures, according to local experts.
02:46, 2025/02/05
Vietnamese Government prioritizes refining e-commerce regulations to drive growth
With ongoing technological development, improved logistics and rising consumer demand, Vietnam's e-commerce market is poised for robust growth.
16:04, 2025/02/04
Green products to be focus of Vietnam's trade promotion in 2025
This year, Vietnam will expand its trade promotion activities to more diverse markets, making the most of free trade agreements to boost exports and explore new opportunities.
21:21, 2025/02/03
Vietnam's industrial production set for positive growth in 2025: S&P
Firms maintained an optimistic outlook for production over the coming year, with sentiment recovering from the 19-month low posted in December.
17:29, 2025/02/02
Hanoi to build more fruit brands by 2025
Hanoi's cooperatives update production methods to meet organic and VietGAP standards and establish quality-controlled production.