Japanese businesses keen to invest in Vietnam post COVID-19

This information was noted at a conference in Hanoi on Monday. The conference attracted the participation of representatives of 40 Japanese businesses operating in Vietnam. Addressing the conference, Minister Mai Tien Dung, Chairman of the Government’s Office, voiced the government’s commitment to cutting down cumbersome administrative procedures, making it easier for local and foreign businesses to operate.

According to the Minister, Vietnam is the only country in Southeast Asia and one of the very few in the Asia-Pacific region that have achieved positive economic growth this year, which is estimated at 2.6-3%.

At the event, representatives of Japanese businesses proposed that Vietnam further reduce administrative procedures for investment licensing, consolidate regulations on investment incentives, and adjust some regulations on the entry of experts to work in Vietnam.