Vietnam province sets up service to back Japanese investors

Thanh Nien News

Email Print

Ho Van Nien (R), vice chairman of Ba Ria-Vung Tau Province People's Committee, shakes hands with Mizuma Katsuyuki, Mizuho Bank’s General Manager of Asia and Oceania division, after they signed a Memorandum of Understanding on cooperation on July 1. Photo credit: Tuoi Tre


The government of Ba Ria-Vung Tau Province announced that it had set up a service aimed at assisting Japanese investors on Tuesday, Tuoi Tre reported.
The province's new Japan Desk has been comprised of provincial officials and Japanese experts. Ho Van Nien, vice chairman of Ba Ria-Vung Tau Province People's Committee, is assigned to lead the team.
During the opening ceremony, Nien said the provincial leaders are taking measures to attract Japanese investment in supporting industries, logistics, finance, banking and healthcare.
The Japan Desk aims to provide investors with information about Ba Ria-Vung Tau's policies and help resolve issues faced by Japanese companies doing business there, Nien said.
The service will also propose measures and policies to help the provincial government to attract investment from Japan, according to Nien.
Also on Tuesday, Nien and Mizuma Katsuyuki, Mizuho Bank, Ltd.’s General Manager of Asia and Oceania division, signed a Memorandum of Understanding on cooperation between Mizuho and the Ba Ria-Vung Tau Province People’s Committee.
Nakajima Satoshi, Japan's Consul General in Ho Chi Minh City, said Vietnam has been an attractive destination for Japanese investors.
The Japan Desk was established with support from the Japan International Cooperation Agency as part of a policy to back enterprises abroad, he said.

More Business News

Complexity of agreement terms is the main reason for enterprises not using FTAs (Photo: Diep Duc Minh)

Asian exporters baffled by FTAs

Up to 52 percent of respondents in Vietnam told HSBC that the complexity of a number of Free Trade Agreements (FTAs) have baffled them