Law Firm in Vietnam

Vietnam and Japan Signed 12 Cooperation Agreements

The Secretary General of Liberal Democratic Party of Japan, the President of Japan – Vietnam Friendship Parliamentary Union- Nikai Toshihiro, on January 12th, 2020 met with the Vietnam’s Prime Minister- Mr. Nguyen Xuan Phuc in Hoi An to discuss economic, cultural and tourist exchange topics.

At the meeting, the representative of Vietnam welcomed the Japanese delegation to come and exchange of economic, cultural and tourism exchanges of the two countries. The representative of Vietnam affirmed that Vietnam appreciate the cooperation with Japan, especially in economic matters. At the moment, Japan is the top country with FDI in Danang in particular and Vietnam in general. The Japanese investors set up company, obtain investment registation certificate and invest in various business lines including IT, trading, real estate, design consultancy, engineering. Based on the cooperation between the countries, Vietnam and Japan have achieved many positive effects on the economy, education, culture, social security.

The representative of Vietnam confirmed that the relationship between the countries developed into many fields as “extensive strategic partnership for peace and prosperity in Asia” established in 2014, in which, Japan always is the trustful, important partner of Vietnam.

The representative of Japan expressed his pleasure to visit Vietnam in the beginning of 2020. He said that the organization of the delegation has the largest scale ever with more than 1,000 delegates, and diverse members from National Assembly deputies, representatives of ministries, branches, local leaders, businesses and people of Japan showed high interest and consensus within Japan from the National Assembly, the Government, localities, business community and people towards strengthening and deepening friendly and cooperative relations with Vietnam in the coming time.

By this meeting, the representatives of the two countries witnessed the signing and exchange of 12 cooperation documents, memorandums of understanding between ministries, branches, localities and businesses of the two countries. By these cooperation documents, the two countries hope that in the future, they will cooperate more together in all aspects of culture, education, economy and society to realize their construction goals and develop the countries.

How ANT Lawyers Could Help Your Business?

Please click here to learn more about ANT Lawyers Foreign Investment Practice or contact our lawyers in Vietnam for advice via email ant@antlawyers.vn or call our office at +84 28 730 86 529

ANT Lawyers

Recent Posts

5 Key Highlights and How Low-Orbit Satellite Internet in Vietnam Would Revolutionize Connectivity and Economic Growth

The Pilot Policy of Low-Orbit Satellite Internet in Vietnam Now, Vietnam has moved its position,…

2 weeks ago

Fast-Track Investment Procedure: 5 Breakthrough Steps to Attract High-Quality Capital to Vietnam

Introduction to the Vietnam Fast-Track Investment Procedure In the highly competitive global race to attract…

3 weeks ago

Proposal for the Personal Income Tax Law 2025: Major Changes and Impacts

Why is a Major Reform Necessary? Vietnam is entering a phase of economic and social…

3 weeks ago

10 Essential Vietnam Expat Guide Insights for Living, Working in Vietnam

Moving to Vietnam might be an interesting experience.  But before you get too comfortable, there’s something…

4 weeks ago

Vietnam Litigation Cost Ordinance 2024: A Powerful Step Toward Transparent and Fair Justice

The Vietnam Litigation Cost Ordinance 2024, enacted on December 11, 2024, represents a transformative milestone in…

1 month ago

Marriage Certificate Exemption in Vietnam: The New Regulation and Update 5 Key Steps to Register Marriage

Vietnam’s marriage registration process has recently been updated, making it easier for Vietnamese to complete…

1 month ago

This website uses cookies.