During the meeting, Suzuki shared insights into the development of Ibaraki Prefecture and noted many similarities between the Japanese locality and Binh Duong. He expressed a desire to establish a practical and effective partnership between the two localities, particularly in human resource development.

Ibaraki Prefecture is known for its major industrial centers, such as the Hitachi area, which specializes in machinery and electrical equipment manufacturing, Tsukuba, which is home to leading research institutes, and Kashima, which houses industrial material production facilities. Cooperation between Binh Duong and Ibaraki is expected to bring significant benefits in technology exchange and industrial management expertise.

In addition to Ibaraki, Binh Duong has maintained a partnership with Yamaguchi Prefecture since 2014. Over the past decade, the two localities have achieved remarkable progress in economic, educational, cultural, and people-to-people exchanges. Notably, the Eastern International University (EIU) in Binh Duong has collaborated with Yamaguchi University in scientific research and has implemented technical internship programs, contributing to the development of high-quality human resources.

Thanh for his part affirmed that the local government of Binh Duong remains committed to creating favourable conditions for Japanese investors. The province regularly organizes business meetings to listen to and promptly address issues related to administrative procedures, taxation, labour permits, and construction.

This proactive support has strengthened investor confidence and encouraged Japanese businesses to expand their operations in Binh Duong, he said.

According to the official, Japan is the second largest foreign investor in Binh Duong, following Singapore, with 358 projects and a total investment of nearly US$6 billion. Major corporations such as Tokyu, Panasonic, Toshiba, and Aeon Mall have already established a strong presence in the province, contributing significantly to the development of industries, high technology, and services.

With its attractive investment environment and strong government support, Binh Duong continues to be a prime destination for Japanese investors, paving the way for new opportunities for cooperation and sustainable development in the future, he noted.

Sunwah keen to explore investment opportunities in Binh Duong

VOV.VN - Conglomerate Sunwah of Hong Kong (China) recently surveyed a number of industrial parks in the southern province of Binh Duong, southern Vietnam, in an effort to seek investment opportunities in the locality.