12:33 | 12/08/2018 Economy
Ho Chi Minh City will create optimal conditions for Japanese firms to do long-term business in the city, said Vice Chairman of the municipal People’s Committee Le Thanh Liem.
|Overview of the meeting - Photo: VNA|
Receiving a delegation of the Japan Chamber of Commerce and Industry (JCCI)’s Youth Commission led by its head Uchida Shigenobu on August 7, Liem lauded the visit, which, he believed, will strengthen the all-round cooperation between Ho Chi Minh City and Japan, especially in trade and investment.
Over the past years, the traditional relationship between Ho Chi Minh City and localities of Japan has been fostered through collaboration programs in culture, economy, education and tourism, he said, adding that Japan is now the fifth largest foreign investor in the city.
Liem said that HCM City has many export processing zones, industrial parks and high-tech parks which are always ready to welcome Japanese investors.
For his part, Shigenobu said that the delegation, comprising of more than 100 delegates from more than 100 businesses, representing 34,000 JCCI member companies, aims to study the investment environment and seek partnership and investment opportunities in the city.
While appreciating the municipal authorities’ support and assistance to Japanese investors, Shigenobu stressed that Japanese firms are confident in the city’s economic development potential. He expressed his hope to continue receiving support from HCM City to Japanese enterprises that are seeking investment and business opportunities in the city.
The JCCI’s Youth Commission will work hard to contribute to fostering economic, trade and investment between Japan and Ho Chi Minh City, thus strengthening the sound friendship and partnership between Japan and Vietnam, he promised.