A Tokai Viet Nam worker tests products at factory in Da Nang's Hoa Khanh Industrial Zone. — VNS Photo

HA NOI (Biz Hub) — A symposium on Japanese management practices was recently held at Viet Nam National University's University of Economics and Business, in cooperation with Yokohama National University.

Entitled, "Japanese management in Asia: Building Business Partnerships in Viet Nam," the conference was held in Ha Noi on Saturday.

The symposium sought to increase mutual understanding between the two countries, share Japanese knowledge and business management experiences with Vietnamese experts, as well as hear from scholars, managers and students.

Also, experts from Japan shared many case studies about Japanese management in Asia.

Further, at the conference, representatives from Japanese companies talked about opportunities and challenges in investing in Viet Nam.

A representative from Mitsubishi Corporation Viet Nam said that their corporation chose to operate in Viet Nam because of low labour costs, but he also said there were difficulties due to having not understood the demands of Vietnamese customers.

He also said that the importance of the relationship between enterprises and government was important, and expressed the hope of receiving increased support from the Vietnamese Government.

The representative from Mitsubishi also said that enhancing foreign languages for Vietnamese IT staffs was important, however, he noted that to be successful in investment in Viet Nam, it was even more important to understand Vietnamese history, culture and thinking.

Meanwhile, Sei Kudo, general director of Fujitsu Vietnam Limited, said Viet Nam was an important offshore market for Japan. He also expressed hope that the Vietnamese government would have polices to increase the country's information and technology (IT) human resources, both in quality and quantity. — VNS