Dong Nai encourages Japanese investment

Dong Nai pledges to create a favourable business climate for Japanese companies, said Nguyen Phu Cuong, Deputy Chairman of the provincial People’s Committee.

He made the remarks during a meeting on June 12 with a Japanese delegation led by the President of the Japanese Business Association in Ho Chi Minh City (JBAH) Tsutomu Sakagami.

Cuong said the province encourages foreign businesses to invest in high-tech agriculture, real estate, and tourism.

Dong Nai is currently home to about 1,500 FDI projects, worth more than US$ 27 billion. Of which, Japan has nearly 200 enterprises with a total capital of over US$ 4 billion.

For his part, Tsutomu Sakagami highlighted Dong Nai’s potential in attracting investment in agriculture and industry, saying Japanese businesses will invest in the province in order to welcome the Trans-Pacific Partnership (TPP).

Dong Nai has recently received a number of Japanese businesses who wish to invest in the province.

On June 3, a delegation of Japanese enterprises from Nagoya region, led by Hiroyasu Naito, Vice Chairman of Nagoya Chamber of Commerce & Industry (NCCI) and President of Rinnai Corp, embarked on a fact-finding mission to Dong Nai in order to seek investment opportunities in the province.

Earlier, the province and the Bureau of Economy, Trade and Industry of Japan’s Kansai region signed an economic cooperation framework agreement, with a focus on links in support industry.

Source:VNA

Other news

Most view

Banking-finance

Bitcoin use might face criminal charge in Vietnam

The issue, supply and use of illegal means of payments including Bitcoin and other crypto currencies might face criminal charge according to Item 1, Article 26 of the Penal Code 2015, which has been amended and supplemented in 2017.
 

Economy

Retailers urged to keep up with innovation trends

The retail industry has changed dramatically in the digital age where everything is connected, requiring retailers to continue to innovate to better serve customers’ diverse needs, speakers have said at a one-day summit held in Ho Chi Minh City.
 

Self - introduction

Stock market

MoC sells 118.3million of DIG's shares

The Development & Investment Construction (DIG) Corp, said Ministry of Construction (MoC) has registered to sell 118.3 million shares accounting for 49.65 percent of DIG’s total capital within one month starting November 17.