Vietnam to improve business environment for Japanese enterprises

The state leader affirmed Vietnam’s determination to improve the investment environment and create the best conditions for Japanese enterprises to invest in Vietnam.

In attendance at the roundtable were executive leaders of some of Japan’s largest corporations. The representatives conveyed to Prime Minister Nguyen Tan Dzung the vast potential for investment in Vietnam, proposing further improvements to the investment environment in the country.

Speaking at the roundtable, the Vietnamese leader stressed that Vietnam’s economy has entered a new stage of development, with a more stable macroeconomy and efficient inflation control.  He added that the nation is also pushing to develop its market economy, and strengthen human resources and infrastructure. With commitments to a number of free trade agreements, Vietnam is boosting its free trade relations with 55 nations, of which 15 are members of the G20.

Prime Minister Dung further underlined the strong development of the Vietnam-Japan strategic partnership. Over the past 20 years, Japan has been the largest ODA donor to Vietnam. The country is also Vietnam’s 3^rd largest trade partner, with this year’s trade turnover already topping 30 billion USD. This is the 2^nd time Prime Minister Dung has attended the Vietnam- Japan economic roundtable, with the last being in 2013.