Tien Giang pledges optimal conditions for Japanese investors
The Mekong Delta province of Tien Giang will create optimal condition for foreign investors, particularly those from Japan, said a local official.
For his part, Junichi said he will connect Japanese investors with Tien Giang province and provide support in the fields of common interests, including labour export, healthcare and education.
Over the past years, Tien Giang and Japan have organised a range of activities to strengthen cooperative relations in many areas, including politics, economic development, investment, tourism and labour export.
Tien Giang shipped more than US$150 million worth of goods to Japan in 2016, up nearly 40% from the previous year, while importing US$62 million worth of products.
In the first quarter of 2017, Tien Giang earned nearly US$33 million by exporting rice, garments, aquatic products, processed fruits and vegetables to Japan. The province also spent US$24 million on imports from Japan, mostly garment and footwear materials, handbags and machines.
Tien Giang province is now home to five Japanese projects, with a combined registered capital of US$36 million.