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VN, Japan sign MoU on investment promotion

VGP – A Memorandum of Understanding on investment promotion was signed on Tuesday by Vietnamese Minister of Planning and Investment Bui Quang Vinh and Chairman of Japan’s Chamber of Commerce and Industry Tadashi Okamura.

September 25, 2012 4:26 PM GMT+7

The overall seminar - Photo: VGP

At a seminar held in Ha Noi on the same day, both sides discussed ways to improve Viet Nam’s business environment and its preferential regulations on luring Japanese investors.

Mr. Dao Quang Thu, Deputy Minister of Planning and Investment said Vietnamese Government attaches importance to developing proper policies to attract foreign investors and improve the quality of the workforce.

The Government will also continue measures to support businesses in terms of land, tax, human resource training and to amend the Land Law, Investment Law and Law of Enterprises to synchronize legal foundation.

Japanese investors to the seminar said they are considering to shift part of their investments to Asian destinations like Viet Nam as they spoke highly of the country’s business environment.

By Huong Giang