Prime Minister Nguyen Xuan Phuc reiterated the Vietnamese Government’s commitment to offer the best possible conditions for foreign investors, including those from Japan’s Saitama prefecture at a reception in Hanoi for its Governor Kiyoshi Ueda on October 26.
|Prime Minister Nguyen Xuan Phuc and Saitama prefecture Governor Kiyoshi Ueda (L)
PM Phuc said Ueda’s Vietnam visit along with representatives from the prefecture’s business association and different banks indicates Saitama enterprises’ wish to seek business and investment cooperation opportunities in Vietnam.
The government leader voiced his hope that Saitama enterprises will invest in multiple fields in Vietnam which now enjoys improved business and investment environment.
Ueda briefed PM Phuc on the outcome of his meeting with Ministry of Planning and Investment leaders on a score of measures to promote bilateral relations, noting that Saitama prefecture opened a business support office in Hanoi to help its enterprises which are running business or will invest in Vietnam.
He suggested both sides should boost cooperation on human resources, which Saitama enterprises are facing difficulties in this field.
Ueda also highlighted his prefecture’s huge potential for broader trade and investment cooperation with Vietnam, as it currently ranks fifth out of 47 Japanese cities and prefectures in terms of economic scale, with gross domestic product (GDP) hitting roughly US$190 billion a year.
Agreeing with the governor’s proposals, PM Phuc urged the prefecture to support its enterprises’ investment in Vietnam in the field of its strength such as automobile industry, manufacturing, and pharmaceuticals.
He underlined the need for both sides to step up cooperation in human resources training and education, and asked Saitama to help Vietnamese guest workers improve their skills, especially in manufacturing and health sectors.
PM Phuc proposed more cross-cultural and people-to-people exchanges amid celebrations of the 45th founding anniversary of diplomatic ties this year towards further deepening bilateral ties.