Saturday, 24/12/2011 14:26

Vietnam pledges favourable conditions for foreign investors, especially Japan

The Vietnamese Government will create favourable conditions for foreign investors, especially those from Japan, Vietnam News Agency (VNA) reported President Truong Tan Sang as saying.

Sang made the commitment at a Dec 23 meeting with Japan-Vietnam Special Ambassador Sugi Ryotaro, who was here to explore investment environment in Vietnam.

The state leader spoke highly of the visit by the ambassador and Japanese businesses. He acknowledged the ambassador's contributions to the two countries' relations, especially in economic and trade cooperation.

Ambassador Ryotaro underlined the enthusiastic support from the State and people of Vietnam while working over the past 20 years.

The ambassador said he wants to explore investment environment for the implementation of a large-scale project on ecological urban areas in Hanoi's suburb funded by Japanese businesses.

He believed that the project will help Hanoi deal with difficulties in infrastructure and meet housing demands while contributing to improving architectural landscape for the inner city.

Ryotaro also requested the Vietnamese side to create favourable conditions for Japanese investors to make fact-finding study for the project.

President Sang said he believed that the ambassador's ideas and hope would be supported by the Hanoi municipal authorities.

The ambassador also met Deputy Prime Minister Nguyen Xuan Phuc who hoped that the ambassador will continue to support the comprehensive cooperation between the two countries.

Ambassador Ryotaro said he is commited to continue building and enhancing the friendship and cooperation between Vietnam and Japan.

Bernama

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