The PM made the statement during his reception for Yanai Tadashi, Chairman and CEO of the Japanese group Fast Retailing in Hanoi on July 18, during which he affirmed Japan is one of Vietnam’s leading economic partners.

Prime Minister Nguyen Xuan Phuc (R) and Yanai Tadashi, Chairman and CEO of Fast Retailing.

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

Operation of Japanese firms in Vietnam will contribute to strengthening strategic partnership between the two countries, he added.

For his part, Yanai Tadashi said his firm will develop a retail system in Vietnam in the coming time, along with its apparel products.

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

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

Prime Minister Phuc assigned the Ministry of Planning and Investment, relevant ministries and sectors to deal with the group’s proposal.

Prime Minister meets Vietnamese community in Japan

Prime Minister Nguyen Xuan Phuc on July 1 met with the staff of the Vietnamese Embassy in Japan and representatives of the Vietnamese community in the country. 

Japanese firms plan to pour 4 billion USD in Hanoi’s projects

Leading Japanese corporations on July 1 signed Memoranda of Understanding (MoU) with Hanoi to invest a total of close to 4 billion USD in projects in the capital city.

Vietnam values extensive strategic partnership with Japan

The upcoming visit to Japan by Prime Minister Nguyen Xuan Phuc from June 27 to July 1 during which he will attend G20 Summit shows how important the two countries’ partnership is to Vietnam.

Prime Minister, Japanese Ambassador discuss Vietnam-Japan ties

Prime Minister Nguyen Xuan Phuc received Japanese Ambassador to Vietnam Kunio Umeda in Hanoi on June 20 to discuss measures to promote cooperation between the two countries.

Programme to promote Vietnam’s tourism in Japan

The Vietnam National Administration of Tourism (VNAT) will host a tourism promotion programme in the three Japanese cities of Sapporo, Yokohama and Tokyo from September 4 to 11.

Source: VNA