Vietnam is a potential market for Japanese investors, said Vice President of Tokyo Chamber of Commerce and Industry Hiroyuki Yoshino at a seminar entitled “Vietnam and Japan: Future challenges and opportunities” which opened in Hanoi on September 26.

Addressing the opening ceremony, President of the Vietnam Chamber of Commerce and Industry, Dr Vu Tien Loc affirmed that Vietnam and Japan are strategic partners and the two governments are putting into place comprehensive partnership agreements.

Japan’s investment in Vietnam has continuously increased in recent years. Currently, Japan ranks third among countries investing in Vietnam with more than 1,000 on-going projects.

Deputy Minister of Planning and Investment Nguyen Chi Dung said that Japan’s projects are operating very effectively in Vietnam, leading to an increase in Japan’s investment capital in the country. Mr Dung highlighted Japanese investors’ potential and expressed hope that more and more Japanese enterprises will invest in Vietnam in such fields as the hi-tech industry, information technology, tourism, education and health services.

He also expressed belief that the advantages of Japanese and Vietnamese enterprises in terms of technology, finance and business governance will bring huge benefits to both countries.