Japan and Hanoian firms cooperate in supporting industrial production chains

Leaders of the Hanoi Southern Supporting Industrial Park (HANSSIP), representatives from the Kobe region's business group (Japan), and hi-tech enterprises and supporting manufacturers signed many cooperation agreements in Hanoi this week.

Le Quang Long, Head of the Management Board of the HANSSIP awarded the investment certificate to Japanese Onaga Company. Photos: congthuong.vn

At the ceremony on July 15, Le Quang Long, Head of the Management Board of the HANSSIP awarded the investment certificate to Japanese Onaga Company, saying that the Management Board will support the company so that it would soon complete the construction of the factory in the HANSSIP, manufacturing components and parts in the field of aerospace, airplanes, ships, shinkansen trains and cars by 2023.

The Management Board of the HANSSIP also handed business registration certificate to International Digital Services Vietnam Co.,Ltd.

Other agreements were signed on consulting and technology transfer between Onaga - IDS Vietnam and a group of Vietnamese manufacturers including Vietnam Japan Industrial Development and Manufacturing SC (Indema), BachLien JSC (VietMRO), Mekamic Construction and Industrial Equipment JSC, Hanoi CNC Accurate Mechanical Co., Ltd., and Le Minh Electromechanical Co., Ltd.

A representative from Onaga company said, with the advantage of high technology and a lot of experience in the supporting industry, the company can help Vietnam develop this field and join Japan's supply chain of supporting industry products as well as those in the world.

A signing ceremony of a cooperation agreement on consulting and technology transfer between Onaga - IDS Vietnam and a group of Vietnamese supporting industry manufacturers.

Vietnam has spent US$100 billion to import components for cars, motorcycles and machines of all kinds, showing that the country's supporting industry has great potential.

Sharing the same opinion, Matsumoto Izumi, First Secretary of the Japanese Embassy to Vietnam, said that Onaga’s investment in the HANSSIP in the field of high-tech mechanical engineering is completely in line with the cooperation policy between Vietnam and Japan in developing supporting industries.

"The Vietnamese Government’s preferential policies to attract investment will create more favorable momentum for other Japanese small and medium enterprises to invest in the HANSSIP, therefore to develop cooperation in the Vietnam-Japan supporting industry,” Matsumoto Izumi added.

At the ceremony, HANSSIP’s leaders pledged to create the best conditions for Japanese businesses and the Vietnamese business community in supporting industry.

Long underlined the cooperation between Onaga and Vietnamese enterprises under HANSSIP in terms of technology transfer, entrustment of production certificates, management of production processes, training of highly-skilled technical workers, investment and business consulting, is aimed at concretizing Vietnam’s industrialization strategy within the framework of the Vietnam-Japan Cooperation toward 2020, with vision up to 2030, which the two governments set out.