VN-Japan Joint Initiative helps improve investment environment

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After 11 years of implementing, the Viet Nam-Japan Joint Initiative has achieved set goals of improving the investment environment and enhancing the competitiveness of Viet Nam’s economy, confirmed Minister Bui Quang Vinh.

The Joint Initiative has made Viet Nam’s investment and business environment more attractive, said Chairman of the Viet Nam-Japan Economic Committee Takahashi Kyouhei, adding that Japan will contribute to the development of Viet Nam as well as other nations in ASEAN through the implementation of the sixth phase of the Initiative.

The initiative’s fifth phase lasted 18 months from July 2013 to December 2014. It focuses on 13 issues related to laws and policies, taxation, customs, human resource training, intellectual property, environment, food safety, banking, services, infrastructure development, and macroeconomic stabilization.

The Viet Nam-Japan Joint Initiative was launched in 2003 as a forum for policy dialogue between Japanese investors and Viet Nam’s relevant ministries and agencies to build an open and transparent investment environment in Viet Nam.

By Thuy Dung