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| Prime Minister Nguyen Xuan Phuc participates in the G20 Summit in Tokyo (Source: VNA) |
He told the participants that Vietnam has
maintained social stability and high economic growth over the past
years, which is an important factor for foreign investors to feel
secured in running business and investment in the nation.
The country is also integrating intensively and extensively into the
world economy, reflected through having relations with 220 nations and
territories. Notably, on June 30, it is set to sign a free trade
agreement (FTA) with the European Union. It has also inked FTAs with 15
nations in the Group of Twenty (G20).
He went on to say that there are currently 130 nations and territories
investing in Vietnam with a total capital of 350 billion USD, of which
over 200 billion USD has been disbursed. Japan is one of Vietnam’s
biggest investors with nearly 60 billion USD.
PM Phuc also affirmed that Vietnam is striving for building an e-cabinet
to serve as a foundation for digital economic development in Vietnam.
As Japan is a developed country with numerous big investors in the IT
sector, the Vietnamese Government always wants to encourage the
country’s enterprises, including those in this field, invest more in
Vietnam, he stressed.
At the meeting, most leaders of Japanese technology firms such as
Hitachi, Toshiba, Hanwa, Daikin, Fujitsu, Kajima and Kansai Economy,
which have invested in Vietnam for a long time, expressed their hope to
expand investment, business and production in the country.
They suggested Vietnam pay more attention to human resources training to
better serve socio-economic development in the time ahead.
They hoped the Vietnamese Government to speed up the granting of
business licences to foreign investment, and be more flexible in
approving business plans, particularly in the IT sector as the business
climate in this field is changing rapidly.
Appreciating the proposals, PM Phuc said that Vietnam considers human
resources training, especially in the IT sector, as an important task
and is striving for more than 1 million high-quality personnel working
in the sector in the 2020-2025 period.
Vietnam hopes that Japanese universities, research institutes and IT
firms will actively participate in IT human resources training and
teaching in the nation, he added.
On the same day, the Vietnamese Government leader received Koichi
Miyata, Chairman of the Board of Directors of Sumitomo Mitsui Banking
Corporation (SMBC) – a big Japanese investor in the finance-banking
sector in Vietnam.
Speaking highly of the corporation’s investment in Vietnam, he showed
his belief that SMBC will contribute more to boosting Vietnam-Japan
economic, trade and financial cooperation.-VNA
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