Toyota sees Vietnam as potential market

In his remarks at the receiving, Mr. Trinh Dinh Dung said that the Toyota plant is one of the typical examples for the success of Japanese investors in Vietnam.

Deputy PM Trinh Dinh Dung receiving Mr. Fukui Hiroyuki. (Photo: CPV)

Over the past few years, following deals senior leaders of the two countries achieved, numerous Japanese enterprises invested in producing and doing business in Vietnam and made many significant results. Currently, Japan is among the leading countries putting FDI capital into Vietnam.

He stressed that the Vietnam’s motor market is very promising with the increasing demand for automobiles. In addition, the Vietnamese Government is adopting the auto industry development strategy. This facilitates manufacturers to invest and develop production in Vietnam.

In the upcoming time, aiming to develop the supporting industry, especially the auto industry, Vietnam hopes to receive assistance from Japan, including Toyota.

In his speech, Mr. Fukui Hiroyuki thanked Deputy PM Trinh Dinh Dung for receiving him and expressed his thanks for the support of the Government, ministries, branches and localities to Toyota during its 20-year operation in Vietnam. He asserted that Toyota always assesses Vietnam as a potential market with the prospect of rapid growth in the near future.

Toyota will research to expand investment and expects coordination with Vietnamese ministries and branches to actively prepare for auto manufacturing in Vietnam to compete with other countries as Vietnam opens its market in 2018 as commercial agreements signed.

The corporation will continue to cooperate with Vietnamese enterprises more closely in developing supporting products for the country’s auto industry./.