PM hails Keidanren’s role in improving business climate
12:47 | 09/12/2017
VGP – PM Nguyen Xuan Phuc hailed the Japan Business Federation (Keidanren)’s contributions to improving investment environment and expanding Japan’s investment in Viet Nam  at his reception for a delegation of the Keidanren on December 8.

PM Nguyen Xuan Phuc welcomes a delegation of the Japan Business Federation at the Government Office in Ha Noi on December 8, 2017. Photo: VGP

The delegation, led by Kuniharu Nakamura and Hideo Ichikawa, Co-Chairmen of the Keidanren’s Japan-Viet Nam Economic Committee, came to Viet Nam to attend a meeting to review the sixth phase of the Viet Nam-Japan Joint Initiative. 

During the sixth phase lasting from August 201 6 to December 2017, as many as 28 policy dialogues were held between Vietnamese and Japanese businesses.

The Japanese side has put forwards many constructive policy recommendations, which have been acquired by concerned Vietnamese ministries and agencies to serve the refining of law and policy as well as the enforcement process.

Specifically, 19 out of 32 items identified to be done in the sixth phase have been carried out soundly as scheduled, covering services, support to small-and medium-sized enterprises, logistics-transportation and labor.

The two sides agreed they will continue to discuss the remaining six items that have yet to be realized and soon carry out the seventh phase of the initiative with new approach and implementation method suitable with the reality. 

The Viet Nam-Japan Initiative was introduced 14 years ago, proving to be an effective policy dialogue channel between the Vietnamese agencies and Japanese businesses, said PM Phuc.

The initiative has helped improve Viet Nam’s business environment and boost Japan’s investment in the Southeast Asian country.

During the past 14 years, as many as 473 issues have been recommended under the initiatives, of which 387 issues have been tackled, the Government chief added.

He tasked the Ministry of Planning and Investment to continue its role as the contact point of the Vietnamese side in implementing the next phase of the initiative.

PM Phuc took the occasion to reaffirm the Government’s determination to further improve the business environment while calling for more investments from Japanese businesses in infrastructure development in Viet Nam.

Mr. Hideo Ichikawa Ichikawa said Japanese businesses are interested in infrastructure projects in Viet Nam, asking the Vietnamese Government to address obstacles facing Japanese firms.

By the end of November this year, investment inflows from Japan set a record of US$8.5 billion in 150 projects. Currently, more than 1,700 Japanese businesses are operating in Viet Nam in various fields./.

By Thuy Dung



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