Tra Vinh always creates favourable conditions for foreign businesses, especially in infrastructure, human resources, and administrative procedures.
It has a number of projects on support industry, agricultural product processing, clean water supply, and rice consumption.
With its great potential for the agricultural, industrial and tourism development, the province is expected to cooperate with Japanese prefectures and enterprises who are keen on the Vietnamese market. It already has a Japanese-invested project with a total registered capitalization of US$48.64 million.
Hida Harumitsu, Japanese Consul General to HCM City, described Tra Vinh as an attractive investment destination in the Mekong Delta, saying the province has valuable natural resources and diversified cultures. Many Japanese investors want to run long-term businesses in Tra Vinh, he said.
Hida Harumitsu highlighted the fruitful results of Vietnam-Japan strategic partnership, noting that Japan granted US$3 billion in official development assistance (ODA) to Vietnam in 2011, and US$2.2 billion last year.
Currently, Japan ranks first among Vietnam’s largest international donors, with direct investment reaching US$5.1 billion last year. The figure was estimated at US$4.7 billion in the first nine months of this year.
