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.
Other News
- Vietnam, China intensify cooperation on green growth, digital economy
- Hanoi's green industrial parks attract investment
- Vietnamese, Singaporean firms ink agreements to bolster economic relations
- Thang Long Industrial Park urged to streamline administrative procedures for manufacturers
- Vietnam leads top choice for global investors: Cushman & Wakefield
- Vietnam-Singapore III Industrial Park to be built in Binh Duong this month
- Vietnam Prime Minister approves three industrial parks
- Recruitment demand of foreign manufacturers surges in 2021
- New industrial project expected to lure high-tech investment in Thai Binh
- Vietnam draws US$6 billion in FDI to industrial and economic zones in H1
Trending
-
Hanoi determined to speed up Yen Xa Wastewater Treatment project
-
Vietnam news in brief - November 1
-
Hanoi specialty gets world billionaires' interest
-
Localizing idols: Vietnam’s shift from Hallyu to homegrown stars
-
Hanoi plans major upgrade for iHaNoi by 2026
-
Berlin Film Festival award-winning motion picture premieres in Vietnam
-
Love triangle drama opens Hanoi Open Stage Festival
-
National E-commerce Week, Vietnam Online Shopping Day 2024 set to kick off
-
Ngoc Khanh Lake walking space: A placed filled with history of Hanoi