Platform supports Japanese SMEs operating in Vietnam
The Vietnam-Japan Business Association (VJBA) organised a forum to support Vietnamese and Japanese small- and medium-sized enterprises (SMEs) in Hanoi on October 14.
The Vietnam-Japan Business Association (VJBA) organised a forum tosupport Vietnamese and Japanese small- and medium-sized enterprises(SMEs) in Hanoi on October 14.
The forum, the first of its kind, served as a bridge for the two countries’ SMEs to boost their collaboration.
In addition, it provided Japanese businesses with useful informationon Vietnam’s investment environment as well as helped them overcome anydifficulties.
According to VJBA Chairman Dinh NgocHai, Vietnam has recently seen changes in Japanese investments, with agreater number of SMEs operating in services, information technology,human resources, agriculture and support industries.
Since small- and medium-sized enterprises differ significantly fromlarge corporations, there is a need for Vietnamese authorities todevelop more effective approaches towards SMEs, he said.
Official government statistics show that Japan was Vietnam’s largestsource of ODA from 1993-2013. Between 2011 and 2013, Japan topped thelist of 101 countries and territories investing in Vietnam. Especiallyin 2012, Japanese investments accounted for half of the total foreigndirect investment in the country.-VNA
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