Effective Boost of Investment Flow from Japan to Vietnam

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The seminar was co-organized by Viglacera Corporation in collaboration with the Embassy of Vietnam in Japan, the Japan External Trade Organization (JETRO), the Japan ASEAN Center, and Nippon Steel.

It aims to create a new impetus for promoting investment flows from Japan to Vietnam. Among the participants, there are many companies investing in Vietnam and many who are looking for business opportunities.

The seminar was co-organized by Viglacera Corporation in collaboration with the Embassy of Vietnam in Japan, the Japan External Trade Organization (JETRO), the Japan ASEAN Center, and Nippon Steel (Photo: VOV).

In his remarks, Nguyen Duc Minh, Ambassador of the Vietnamese Embassy in Japan emphasized the importance and effectiveness of Vietnam-Japan economic cooperation, and highly appreciated the great contributions of Japanese investors to the development of Vietnam.

Regarding Vietnam's current investment attraction policy, Minh noted that with the policy of cooperation, attracting foreign investment selectively, towards quality, technology, efficiency, and environmental protection, in the coming time, the Government of Vietnam will prioritize attracting investment projects for sectors such as science – technology, innovation – creativity, research and development.

The second priority is electronic components, automobiles, and electric cars. The third one is the production of semiconductors, new energy, renewable energy, and the fourth is biotechnology, healthcare... He believed these are good opportunities to promote sustainable investment cooperation between the two countries in the coming time.

Imano Hiroshi - Vice Chairman of THK Company (Photo; VOV).

At the workshop, Viglacera Corporation officially announced the green and smart industrial park "Thuan Thanh Eco-Smart IP" in Thuan Thanh town, Bac Ninh province. This is considered the beginning stage to establish eco-industrial parks towards the reduction of the "carbon footprint". This project is highly appreciated by Japanese businesses in the overall "green and clean investment system", and the business environment is increasingly improving in Vietnam.

Imano Hiroshi – Vice Chairman of THK Company – a leading enterprise in the field of manufacturing precision mechanical components in Japan shared that Vietnam has a great development potential as an investment destination.

“Since more than 10 years ago, when we started investing in Vietnam, we have gradually contemplated the attraction of Vietnam. In recent years, there have been many businesses from China, South Korea, Japan... investing heavily in Hanoi. In terms of development potential, Vietnam has a much greater advantage than other countries in the region. Therefore, we have decided to continue investing in this project,” said Imano.

Also, according to Japanese businesses, Vietnam's investment attraction policies are effective, making a great contribution to bringing the whole economy to take off in the near future.

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