Vietnam Hanoi Calling for Japanese Investments
Hanoi authorities will offer various incentives, including those on tax and infrastructure construction for Japanese firms’ projects, said Head of the Hanoi Representative Office in Tokyo Nguyen Thi Thuy Van.
The city is a potential market for investors thanks to its political stability and cheap and abundant human resources, Van said at a meeting held in Tokyo on December 16 to encourage more Japanese investment.
The event, jointly held by the Hanoi Representative Office and the Vietnamese Embassy in Japan, attracted 150 Japanese businesses.
Vietnamese Ambassador to Japan Nguyen Phu Binh said at the forum that Japan is Vietnam’s biggest donor and one of the leading investors in the Southeast Asian nation.
Japan ranked the fourth among foreign investors in Vietnam with 1,154 projects with total registered capital of $17.69 billion as of October 20, 2009. (VNA)
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