Vietnam is working hard to improve its business climate to attract more foreign investors, including those from Japan, said Prime Minister Nguyen Xuan Phuc.
PM Nguyen Xuan Phuc (R) and Takashi Oyamada, CEO and President of The Bank of Tokyo-Mitsubishi UFJ (BTMU), at the meeting (Photo: VNA)
Hanoi (VNA) – Vietnam isworking hard to improve its business climate to attract more foreign investors,including those from Japan, said Prime Minister Nguyen Xuan Phuc.
He made the statement while receivingTakashi Oyamada, Chief Executive Officer and President of The Bank ofTokyo-Mitsubishi UFJ (BTMU) in Hanoi on February 15.
Lauding sound cooperation between BTMU andthe Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank),particularly their organisation of investment promotion conferences, PM Phucsaid Vietnam attaches importance to the supply of capital for its economy duringthe development progress.
He stressed that Vietnamese enterpriseswant to form partnerships with the Japanese peers to learn from theirexperience in management, production and business.
He also noted with pleasure that most Japanese firms have witnessed goodbusiness results in Vietnam, adding Japan is now the second largest investor inVietnam with a total investment capital of over 42 billion USD.
The PM expressed his wish that Japanese businesses will pay more attention tothe Vietnamese market so as to make Japan the biggest investor in the SoutheastAsian nation.
For his part, Takashi Oyamada informed hishost that the long-term strategic partnership between his bank and Vietinbankhas brought mutual benefits, contributing to the growth of Vietnam-Japan ties.
Through the cooperation, BTMU has learnedabout valuable experience from Vietinbank and the Vietnamese credit market, hestressed, adding that both sides will work closely to supply capital forbusiness activities in Vietnam.
He said many Japanese firms want to investand expand operations in Vietnam as they see the country as a strong economyand potential market.-VNA
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PM Nguyen Xuan Phuc (R) and Takashi Oyamada, CEO and President of The Bank of Tokyo-Mitsubishi UFJ (BTMU), at the meeting (Photo: VNA) 
