More Japanese firms explore HCM City’s investment climate
Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong on January 24 met with a delegation of the Japan External Trade Organisation (JETRO) and Japanese businesses who came to learn about local investment climate.
He affirmed that HCM City wants Japanese investors to continue doing business here, capitalise on its potential and advantages, and combine them with Japanese companies’ advanced technology and proper business strategies to benefit both sides.
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Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong (R) meets with Vice Executive President of JETRO Yasukazu Irino on January 24 |
Vice Executive President of JETRO Yasukazu Irino highly valued HCM City’s attractiveness to foreign investors, including those from Japan. The rapidly increasing number of members of the Japan Business Association in HCM City demonstrates the city’s success in improving the investment climate.
He thanked the municipal authorities for creating favourable conditions for Japanese enterprises to seek market, promote trade, and get investment licences. He asked the city’s leaders for more optimal conditions for Japanese firms, especially small- and medium-sized companies working in support industries.
Japan now has 1,116 investment projects worth nearly US$4 billion in HCM City, ranking sixth among 93 countries and territories investing here.