PM Nguyen Xuan Phuc welcomes Special Advisor to Japanese Cabinet

Prime Minister Nguyen Xuan Phuc lauded the effective cooperation between Japanese and Vietnamese businesses while receiving Special Advisor to the Japanese Cabinet Isao Iijima in Hanoi, on December 23.

At the reception (Photo: laodongthudo.vn).

As Vietnam and Japan have enjoyed sound extensive strategic partnerships in various fields, with key cooperation in economy, the Prime Minister expressed his hope that Japan would take the lead in foreign direct investment (FDI) in Vietnam.

He wished that enterprises from the Northeast Asian nation would have more opportunities to invest in the country as the Vietnamese Government is putting forth the equitisation of state-own enterprises and large firms have set up plans to launch initial public offerings (IPO).

In recent times, shares of giant groups like Vinamilk and Sabeco have been sold successfully to foreign investors, he noted.

Isao Iijima, for his part, informed his host that Japanese Prime Minister Shinzo Abe praised the phone conversation he held with Prime Minister Phuc on December 22.

Japanese groups are interested in joining in the equtisation of Vietnamese state-owned enterprises, as well as enlarging their operations in the Southeast Asian nation, he added.

(Source: NDO)