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Japanese firms ask to be kept up to date
Companies from Japan’s Aichi Province operating in Vietnam would like advance warning and clarification of any regulatory changes to give them time to prepare themselves properly.
Saburo Onoki, Director of the Aichi Trade and Investment Division, said regional authorities should assist Japanese companies and prospective investors by clarifying new local and central government regulations that might affect them.
Onoki was speaking at a meeting of Aichi-based firms with factories in southern Vietnam and local government agencies Tuesday, more than two months after a meeting with the same agenda had been held in the country’s north.
Vietnam’s Ministry of Planning and Investment and the Japanese province agreed to set up an Aichi Support Desk last year.
The desk at the Investment Promotion Center of the ministry’s Foreign Investment Agency became a reality in February.
So far, Japan has earmarked investment capital of US$17.2 billion for 1,100 operational projects in Vietnam, and disbursed $5 billion of the money to date, according to the ministry.
It is one of the biggest foreign investors in Vietnam.
Aichi is responsible for 60 of these projects, half in the south.
Minh Quang
thanhnien
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