More Japanese investors keen on southern hub
(VOV) - A seminar took place in Tokyo on January 28 to attract Japanese investment into Vietnam’s southern Long An province.
Chairman of the provincial People’s Committee Do Huu Lam said Long An is located near Ho Chi Minh City – a major economic and trade hub of Vietnam. It has an abundance of human resources, and has to date secured 477 projects worth a total of US$3.7 billion.
Long An province is striving to improve administrative procedures and perfect policies and infrastructure, Lam added.
Masaichi Ichikawa, a representative from the Japan International Cooperation Agency (JICA), said Vietnam is emerging as an attractive destination for Japanese businesses. His agency is also actively assisting the province to implement projects so as to develop industries in an environmentally-friendly manner.
Vietnamese Ambassador to Japan Doan Xuan Hung said apart from creating a better investment environment and implementing the fifth phase of the Vietnam–Japan Initiative, the Vietnamese Government is taking positive measures to curb inflation and stabilise the macro-economy to help the national economy grow.
Hung said the embassy will do its utmost to assist Vietnamese localities, including Long An, and help Japanese investors seek cooperation opportunities.
Long An’s investment environment, incentives for foreign investors, and businesses’ experience in production and trading were also introduced at the seminar.