Japan’s bank helps Dong Nai’s investment promotion
The southern province of Dong Nai has just signed with Japan’s Bank of Tokyo Mitsubishi UFJ a memorandum of understanding (MoU) on cooperation in promoting investment in the province.
Under the MoU, the two sides will exchange information and work together to organize seminars on investment in Dong Nai and meetings with potential investors in Japan.
Speaking at the MoU signing ceremony, the bank’s director Go Wanatabe said Dong Nai province has a huge potential for attracting investment.
Meanwhile, Dong Nai authorities valued the role the Japanese bank can play in providing financial and other assistance to foreign investors in general and Japanese businesses in particular in their operations in Vietnam and Dong Nai.
Dong Nai is now one of the four leading provinces and cities in Vietnam in attracting investment.
There are more than 18,700 businesses operating in the locality, including 1,365 foreign-invested enterprises with a total capitalization of over US$23.6 billion.
Japan ranks fourth among countries and territories across the world having investment in Dong Nai, with 167 projects worth US$3.1 billion.