Vietnam – Japan connect technology demand and supply

Monday, 17/08/2009 10:11 GMT+7
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On 14- 15/8, in Danang took place the Vietnam – Japan Economic Forum and the Conference on connecting technology demand and supply organized by the Mixed Commission for Vietnam – Japan Festival Organization, MOST, the People’s Committee of Danang...

Participating in this event were representatives from departments, branches, institutes universities, associations and delegates from more than 100 domestic enterprises and nearly 70 Japanese enterprises in addition to those from organizing agencies.

In the Forum, the two parties have focused on discussing on key contents: Investment environment in the Central region and Vietnam – Japan Agreement on Economic Partners; abilities of Japanese enterprises in cooperation and acceptance of accessory products from Vietnamese enterprises.

In the Conference on connecting technology demands and supply who took place on the same day, 4 agreements on technology cooperation and transfer have been signed, including agreements between the Department of Technology Use and Development and the Department of Science and Technology of Danang City; Vinaxuki Company and Nagara Company (Japan), the Institute of Electronics, Informatics and Automation and MTI Research Institute of Japan, Hanoi Industry University and Katanyagi Vocational Training Academy (Japan).

Delivering a speech at the Conference, Minister of Science and Technology Hoang Van Phong has highly appreciated close cooperation between GLIN Company and the Department of Technology Use and Development in activities of survey, reorganization and promotion of technology transfer from Japan to Vietnam.

The Minister also hoped cooperation between agencies under MOST and Japanese partners could be developed more and more, contributing to bring in benefits for enterprises of the two countries, especially in activities of cooperation and technology transfer.

The Japanese ambassador extraordinary and plenipotentiary, Mr. Mitsuo SAKABA has affirmed that Japanese government’s projects, especially those relating to transportation infrastructure as construction of ports, bridges, and roads have significantly contributed to the development process of East – West Economic Corridor. By the end of 2008, although being seriously affected by the global economic recession, Japan has still ranked the third big investor in Vietnam with total number of 105 projects and the registered capital of more than USD 7.2 billion.

In the first 6 months of 2009, Japan has invested in Vietnam with 35 projects and the total registered capital of nearly USD 94 million. So far, Japan has had 1,113 investment projects with the total registered capital of more than USD 17 billion, accounting for 10.67% of the direct investment capital from foreign countries.

In recent years, commercial and investment relations between Vietnam and Japan have been strengthened, especially after Governments of the two countries sign the Agreement on Vietnam – Japan Economic Partners. The Vietnam – Japan Economic Forum this time is also an opportunity to link more closely the friendship and economic cooperation between the Vietnam and Japan people and enterprises in general and the Central region in particular.

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