Japanese businesses keen on Hai Phong's economic growth
The Hanoitimes - Japanese businesses have become an important part of Hai Phong’s economy, stated Secretary of the municipal Party Committee Le Van Thanh at a conference to promote Japan’s investment and tourism in the northern port city on March 24.
Hai Phong's Tan Vu - Lach Huyen Bridge, Vietnam's longest cross-sea bridge
The Hai Phong Investment, Trade and Tourism Promotion Centre signed seven memoranda of understanding on cooperation with Japanese companies.
Speaking at the event, Japanese Ambassador to Vietnam Umeda Kunio highlighted the growth of ties between Japan and Hai Phong as reflected through several Vietnam – Japan trade pacts on major projects in the city.
Japanese technologies have been used in building the local Tan Vu bridge and port, he added.
Vu Tien Loc, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), said Hai Phong has convenient infrastructure and is active in institutional reform, saying they are plus points in attracting investors.
He said he expects 60 participating investors will promote the locality’s favourable business climate to their Japanese peers.
He stated attracting investment from Japan is a goal set by the Vietnamese government and Hai Phong authorities in particular.
As of February 2018, Japan had 134 FDI projects capitalised at 4.31 billion USD in Hai Phong, ranking first in volume and second in value.
Hai Phong’s tourism-culture cooperation with Japanese localities has also recorded upbeat outcomes, with frequent delegation exchanges, cultural exchanges, trade promotion events, and joint educational programmes.
- Strong FDI brings gold for Vietnam’s industrial zone developers
- Foreign investment fuels industrial real estate in Vietnam
- Many foreign investors eye industrial property in Vietnam: JLL
- Vietnam - a fresh, attractive hub for South Korean auto parts manufacturers
- Bien Hoa Industrial Park to be turned into a commercial and service area
- Quang Ninh focuses on develop Van Don Special Administrative-Economic Zone
- Non-tariff area proposed for Van Don special zone
- Japanese businesses keen on Hai Phong's economic growth
- Hanoi approves the development plan of industrial cluster
- Nghe An commences one-billion-dollar industrial zone project
Hanoi takes concrete actions to tap its soft power potential: Mayor
Vietnam prioritizes oil and gas cooperation with Russia: PM
Actions advised for Vietnam to lure investors amid energy crunch
China risks flare-up over Vietnamese gas resources: CSIS
Japan Maritime Self-Defense Force calls for stronger ties with Vietnam
First-ever folk culture festival to be held in downtown Hanoi
Hanoi aims to excel in socio-economic performance in 2016 – 2020: Mayor