Japanese enterprises appreciate Vietnam’s business environment

Hanoi, October 30 (VNA) - Investors from Saitama prefecture, Japan think highly of Vietnam’s business climate and consider the country a prime investment opportunity in Southeast Asia, according to a survey conducted by the Foreign Investment Agency (FIA) under the Vietnamese Ministry of Planning and Investment. The number of investors from the prefecture has increased in recent years, with 62 businesses operating in Vietnam so far, FIA’s Deputy Director Nguyen Thi Bich Ngoc said in a talk with Saitama enterprises in Hanoi on October 28. She pledged to undertake maximum efforts to attract more investors, suggesting relevant bodies support them by increasing investment advisory services, collecting feedback and, more importantly, upgrading infrastructure as well as enhancing the business environment. At the talk, investors were also updated on the new tax regulations. Nguyen Van Phung, Deputy Director of the Tax Policy Department under the Ministry of Finance, explained that Vietnam is accelerating its reforms of tax procedures in a bid to create more favourable conditions for international businesses. Ueda Kiyoshi, Governor of Saitama prefecture, announced he will continue to encourage businesses in his locality to invest in Vietnam, particularly those in the fields of manufacturing, recycling and construction, via the implementation of promotional campaigns in Japan.-VNA