Japanese enterprises in Vietnam are looking to employ a large number of high-quality staff, revealed Hiroyuki Ishige, Chairman and CEO of the Japan External Trade Organisation (JETRO).
PM Nguyen Xuan Phuc (R) and
Hiroyuki Ishige, Chairman and CEO of the Japan External Trade Organisation
(Photo: VNA)
He shared the information during a
reception with Prime Minister Nguyen Xuan Phuc in Hanoi on July 19.
At the meeting, PM Phuc lauded JETRO’s activities in Vietnam and said he
believes that his guest’s current visit to Vietnam will open a new chapter for
trade and investment cooperation between the two nations.
The PM thanked the collaboration of JETRO in organising a trade promotion
conference in Vietnam during his official visit to Japan in June 2017. This was
the largest event of its kind to date, attracting the attendance of over 1,600
delegates, including the Vietnamese and Japanese Prime Ministers.
He affirmed that business climate improvement is a priority of the Vietnamese
Government. The country is focusing on stabilising macroeconomics, improving
legal institutions, developing infrastructure and human resources, and
simplifying administrative procedures.
PM Phuc said recent surveys showed a significant number of Japanese firms spoke
highly of Vietnam’s business climate and wanted to expand their operations in
the country.
The Vietnamese leader expected Japan would obtain the top position in Vietnam’s
FDI, saying Vietnam welcomes Japanese investments, particularly in
infrastructure development, clean energy, processing and industry, electronics,
high-tech farming, logistics, and aviation.
He stated that Vietnam will do its best to facilitate Japanese investors.
The PM took the occasion to convey his sympathies to Japanese people affected
by recent floods.
For his part, JETRO Chairman and CEO Hiroyuki Ishige said Japanese PM Shinzo
Abe pays attention to on boosting cooperation with Vietnam.
Ishige highlighted that the many deals secured at the June conference –
including key projects in energy, trade, and industrial production – are
effectively being implemented in Vietnam.
Highlighting the strong Japanese capital flow into Vietnam, he said JETRO is
making efforts to support the investments.
He said skilled Vietnamese employees are in high demand for Japanese firms,
adding that JETRO is working with Vietnamese universities to introduce Japanese
firms.
He stressed that improvements to the business climate are key to attracting
more Japanese investors to Vietnam.
Responding to PM Phuc’s comment on the proactive contribution of Vietnam and
Japan to the Comprehensive and Progressive Agreement for Trans-Pacific
Partnership (CPTPP), Ishige said he expects the two countries will take the
lead in the implementation of the pact.
He hoped the CPTPP’s coming into effect would happen soon, so as to bring about
the mutual benefits for all sides involved.
Source: VNA
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.
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