PM praises Japanese firms as role model of FDI investors in Vietnam

(VOVWORLD) -Prime Minister Nguyen Xuan Phuc says Japan is Vietnam’s important partner as it ranks first in ODA provision for Vietnam, second in FDI and fourth in trade revenue with Vietnam. 
PM praises Japanese firms as role model of FDI investors in Vietnam - ảnh 1
Prime Minister Nguyen Xuan Phuc speaks at the conference

Addressing the Vietnam-Japan investment promotion conference in Tokyo on Wednesday, PM Phuc said: “According to our assessment, Japanese investors are considered one of role models of FDI investors in Vietnam for the patience, determination, discipline, integrity, and effectiveness. Your investment capital is providing momentum and increasing competition between FDI capital flows into Vietnam. Many Japanese groups are now present in Vietnam with their credible and competitive products which are actively participating in export activities.”

Mr. Phuc said with the advent of the Fourth Industrial Revolution, Vietnam is shifting its growth drivers towards sectors with high-added values and using state-of-the-art technologies and high-quality workers. The PM called for Japanese investments in infrastructure development, clean energy, processing, electronics, manufacturing, support industry, high-tech agriculture, logistics, aviation and high-end hotels. He added Vietnam also encourages foreign investors in startups, as the country is focusing on developing startups and small- and medium-sized enterprises (SMEs).  

At the conference, PM Phuc witnessed the exchange of the signed cooperative deals between the Vietnamese and Japanese ministries, agencies and businesses with a total value of nearly 10 billion USD.