HCM City calls for more Japanese investment

Monday, 2017-05-29 22:21:12
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NDO/VNA - The Japanese Business Association in Ho Chi Minh City (JBAH) has been asked continue organising economic conferences and forums to attract Japanese investors to the city, especially in tourism and supporting industries.

Speaking at a reception for Kadowaki Keiichi, new president of JBAH, on May 29, Nguyen Thanh Phong, Chairman of the Ho Chi Minh City People’s Committee, highlighted the association’s role in facilitating dialogue between businesses and local authorities.

He thanked the association for assisting the city in resolving business difficulties for Japanese firms operating in HCM City.

The municipal official spoke highly of contributions made by Japanese enterprises to the city’s socio-economic development, hoping that they would further strengthen cooperation between local and Japanese enterprises via social activities.

HCM City will close cooperate with Japanese businesses and create the best possible conditions for local enterprises to participate in global and regional supply chains of the supporting industry, thus enhancing relations between Vietnamese and Japanese firms, he added.

Phong also asked JBAH to raise the domestic supply proportion in the city’s supporting industry, which was agreed on by the association’s president Kadowaki Keiichi.

He suggested the city continue organising round-table meetings between Japanese investors and local authorities to discuss solutions on removing business obstacles for the common interests of both sides.