Bac Ninh ensures attractive investment environment for Japanese businesses

27/11/2023 15:02

(BNP) – Speaking at the "Meet Bac Ninh – Japan” program on November 17, Mr. Shigeyuki Okamoto, General Director of Canon Vietnam Co., Ltd., shared that Canon has invested in Bac Ninh for 18 years, and up to this point, they have received a lot of support from local agencies and authorities during our operations. At this time, he think Bac Ninh has achieved the highest level in the world in terms of location and a favorable investment environment for a manufacturing factory.


Chairwoman of the Provincial People's Committee Nguyen Huong Giang visits the facilities of Canon Vietnam Co., Ltd.

Mr. Shigeyuki Okamoto said that Bac Ninh has four advantages and become an attractive destination for Japanese businesses. Among which, Bac Ninh is a province with geographical advantages, well-developed infrastructure, and many suppliers in the investor supply chain. The importance of the Bac Ninh government's strong support cannot be ignored. Bac Ninh authorities consistently listen to the businesses and ensure that the effects on production are kept to a minimal, especially during the power shortage time in 2023. Currently, he believes that Bac Ninh has attained the top level in the globe in terms of location and a favorable investment environment for a manufacturing factory.

Mr. Shigeyuki Okamoto proposed to Bac Ninh province three issues: supporting businesses to ensure human resources, developing infrastructure systems, and accompanying businesses in offering ideas to complete legal documents.

In term of ensuring human resources, the recruitment environment is becoming more and more difficult. So, the construction of housing, medical and educational facilities for workers and employees in areas near industrial parks is important. It is very necessary to attract and retain workers in remote provinces to live and work in Bac Ninh. The businesses also want to receive the support in training workers as well as nurturing high-quality talent, such as developing universities, colleges, research centers, etc.

In term of the development of the infrastructure system, it is expected that as the number of the businesses investing in Bac Ninh increases, there will be even more issues in the future. They hope to continue receiving the support from Bac Ninh in developing the electrical supply system, transportation, and so on.

The businesses’ operation may face some difficulties because the provisions in the draft legal documents are not consistent with the realities of the businesses, so they look forward to receiving the Bac Ninh government's companionship in offering opinions to propose legal policies to the Central Government.

By P.H