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The meeting was attended by leaders of some ministries and branches of Vietnam, the Ambassador Extraordinary and Plenipotentiary of Japan in Vietnam, Mr. Yamada Takio, Japanese economic organizations such as the JCCI (Japanese Business Association in Vietnam). ), JETRO (Japan Trade Promotion Organization), JICA (Japan International Cooperation Agency), 30 Japanese companies.
Speaking at the opening of the dialogue, Prime Minister Nguyen Xuan Phuc thanked the Government of Japan and the great contributions of Mr. Abe Shinzo to the development of the extensive strategic partnership between the two countries in recent years. The relations between Vietnam and Japan have achieved many achievements and the trust between the two countries has been deepening.
In the context of the negative impact of COVID-19, the Prime Minister also welcomed and thanked the Government of Japan for swiftly taking a decision to support diversification of supply chains abroad and expressed his pleasure from the 30 Japanese companies that received the first support from the Government of Japan, up to 15 companies want to expand their investment in Vietnam. This is also a joy and encouragement for Vietnam to confidently continue to improve the investment environment even better, creating the conditions for successful business, including the Japanese.
With 100 million people and growing incomes, being in the dynamic ASEAN with almost 650 million people, the Prime Minister emphasized that the Vietnamese market is large enough for ambitious business investment plans, suitable for restructuring and changing supply chains. global and regional international investors, especially Japan.
The Prime Minister has established a Working Group to promote cooperation in foreign investment led by a Deputy Prime Minister to take advantage of opportunities for investment cooperation, dialogue and handling of proposals from major investors coming to Vietnam. .
“I have ordered the reopening of commercial flights to several places with high security factors, including Japan, with a shorter and more convenient entry process, ensuring security against epidemics and convenience. Good for business” – said the Prime Minister.
Vietnam is in high demand for investment in development. The Prime Minister welcomes Japanese companies to expand cooperation in investment in infrastructure, energy, manufacturing, high-quality agriculture, information technology, smart cities, financial services, banking. entrepreneurship based on innovation, as well as joining a strategic partner for equity of state enterprises in Vietnam.
Japanese Ambassador Yamada Takio said that in the past 20 years, Vietnam’s economy has grown extremely fast and has also affirmed its position in the international arena. The relationship between Vietnam and Japan is deepening and especially this month’s phone call between the two prime ministers demonstrated a close relationship of trust at a high level. This is an extremely valuable asset in the relationship between the two countries.
According to the Ambassador, the COVID-19 epidemic has shown no signs of stopping. However, Vietnam has shown that its superior risk management capabilities have achieved certain results. While countries are still fighting for the prevention and control of the COVID-19 epidemic, Vietnam has recovered soon. Vietnam is directly benefiting from the diversification of global supply chains. “It can be said that investors from the world, in which Japanese companies are paying close attention to Vietnam, a place of investment in new normal conditions after COVID-19,” said the ambassador.
According to a recent JETRO survey, many Japanese companies said they are considering moving their production facilities to Vietnam. “We hope that Vietnam will seize this opportunity and become a more prosperous country in the near future,” said the Ambassador and gave some suggestions such as: reopen travel between the two countries, reform Improve disbursement for current public investment projects, attract more foreign investment to Vietnam, improve Vietnam’s credit rating.
Regarding the Japanese launch of a budget package of about 2.3 billion dollars to promote the diversification of the supply chain of Japanese companies, the ambassador said, he made the first choice, with 30 companies. and of which, there are 15 companies present here today, all related to Vietnam.
“In the next time, we also plan to recruit for the second and third time” – said the Ambassador. Japan stated that it will continue to support companies to invest in Vietnam. “We continue to hope that the Government of Vietnam has the appropriate solutions to prevent and control the COVID-19 epidemic, as well as continue to support Vietnam in further economic development under normal conditions. generally new ”, expressed the Ambassador.
To further promote Japanese investment in Vietnam, the JCCI representative proposed to create an investment incentive mechanism suited to the characteristics of Japan’s manufacturing and manufacturing industry, and to build energy infrastructure in accordance with the PPP Method, which allows Japanese companies contribute capital to Vietnamese state companies.
In Japan, for example, in addition to central enterprises, there are also cooperative enterprises, which have a complex and powerful assignment of roles in a chain of production activities. Therefore, attract investment in the form of attracting the entire production chain, not just attracting core enterprises. From there, the investment of major Japanese companies in Vietnam will be easier.
JCCI wants the Vietnamese government to consider further expanding incentives for advanced technologies and companies to expand large-scale investments, creating incentives for a chain of production. Just for a business.
In the dialogue, Japanese companies also raised many problems in investment cooperation in Vietnam, such as human resources, development of some new fields, supporting industries, research and development …