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 At the talks. Photo: Vietnam+

Dung emphasized the important role of the JCCI and its Chairman in encouraging Japanese enterprises to invest in Vietnam.

Mimura expressed his desire for regular seminars and working sessions between the two countries’ managers and businesses.

Earlier, the Vietnamese minister chaired a talk with several JCCI leaders and entrepreneurs, during which he answered questions about investing in Vietnam.

The Vietnamese Government will create favorable conditions and make clear legal documents to facilitate foreign investors’ operations, he affirmed.

He told participants that Vietnam is welcoming more investors in socio-economic development, especially in infrastructure, as the country needs at least USD 40 billion for the work over the next five years.

Discussing the automobile industry in the context of tariffs being eliminated from automobiles imported from ASEAN countries by 2018, Dung said that the Vietnamese automobile market is developing rapidly.

He asked Japanese businesses to reduce manufacturing costs and strengthen cooperation with Vietnamese enterprises.

Within the framework of his visit to Japan, Minister Dung also held talks with Japanese Minister of Economy, Trade and Industry Seko Hiroshige.

Source: VNA