Việt Nam facilitates Japanese firms’ operations in Việt Nam: PM

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The Government and competent agencies of Việt Nam pledge to create favourable conditions and business environment for Japanese enterprises to do business in Việt Nam, Prime Minister Nguyễn Xuân Phúc said.

Prime Minister Nguyễn Xuân Phúc held talks with Yanai Tadashi, Chairman and CEO of the Japanese retail group Fast Retailing, in Hà Nội on July 18. — VNA/VNS Photo Thống Nhất

HÀ NỘI — The Government and competent agencies have pledged to create favourable conditions and a better working environment for Japanese enterprises to do business in Việt Nam, Prime Minister Nguyễn Xuân Phúc said.

The Government leader was speaking during his reception for Yanai Tadashi, Chairman and CEO of the Japanese retail group Fast Retailing in Hà Nội on Thursday, during which he reiterated that Japan is one of Việt Nam’s leading economic partners.

He praised the business and investment activities of Fast Retailing in Việt Nam, saying that with its population of more than 96 million, Việt Nam is a potential market for Japanese textiles and garment products.

The operation of Japanese firms in Việt Nam will contribute to strengthening strategic partnership between the two countries, he added.

Yanai Tadashi said his company will develop a retail system in Việt Nam in the future, along with its apparel products.

Since last November, Fast Retailing has provided training programmes for Vietnamese students in Japan and Southeast Asian nations, to make them representatives of Fast Retailing not only in Việt Nam but also other countries worldwide.

He suggested the Vietnamese Government direct competent agencies to grant construction and retail licences to the group, enabling it to expand investment and business activities in Việt Nam.

PM Phúc assigned the Ministry of Planning and Investment, relevant ministries and sectors to deal with the group’s proposal. — VNS