Japanese investors offered adequate biz environment
Wednesday, 12. November 2008, 09:18:20
The 3 rd phase of Vietnam Japan joint initiative action plan will be implemented from Nov 12, 2008 till Nov 2010 in order to improve business environment, and to enhance competitiveness of Vietnam.
The 3 rd phase of Vietnam Japan joint initiative was discussed from July to Nov 2008, partners agreed on 37 articles for 7 groups of action plans: 1) To complete the mechanism of Management board of Japanese Joint-venture companies in Vietnam before the Enterprises Law goes on effect in 2005. 2) To complete procedure for enterprise income tax calculation. 3) To determine harmony relations between employer and employee. 4) To improve road transportation & traffic. 5) To enhance Intellectual Property management. 6) To develop supported industries and 7) To develop electricity supplies network.
"Upon 2 phases implementation, Vietnamese business environment is getting improved", stated Minister of Planning and Investment. Picture: Visitor at Toshiba booth in EIF 2008
"There are issues that should be given solutions in short term such as labor strike control, road transportation enhancement; and for mid term and long term plan, it need to improve supported industries for foreign manufacturers in Vietnam", said Mr. Sakaba Mitsuo, Japanese Ambassador to Vietnam.
As The 3 rd phase of Vietnam Japan joint initiative starts, the Japan Desk is opened today at FIA Foreign Investment Agency, ministry of Planning and Investment.
The Japan Desk, suggested by Vietnam, will be the support agent during the implementation of The 3 rd phase of Vietnam Japan joint initiative. "The Japan desk is also the agent that Japanese investors and enterprises can consult if they face the difficulty in Vietnam", said Minister of Planning and Investment Vo Hong Phuc.
The implementation of 3 rd phase of Vietnam Japan joint initiative will finished in Nov 2010, with mid period appraisal in Nov 2009 and final appraisal in Nov 2010. The first phase of Vietnam Japan joint initiative was implemented in 2004-2005 with 125 articles of solution; the second phase was in 2006 - 2007 with 80 articles of solution./.

