Ho Chi Minh City seeks stronger economic ties with Japanese city

Thursday, 2017-02-23 04:15:01
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Vice Chairman of HCM City People's Committee Le Thanh Liem. (Photo: VNA)
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NDO/VNA—Ho Chi Minh City welcomes and pledges to create the best conditions possible for businesses from Sakai City in the Japanese prefecture of Osaka to invest in southern Vietnam’s largest economic hub, said a local official.

During a meeting with Deputy Mayor of Sakai Emiko Hazama on February 22, Vice Chairman of the Ho Chi Minh City People’s Committee Le Thanh Liem briefed his guest on the city’s potential and advantages as well as prioritised fields calling for investment.

Liem said Ho Chi Minh City expects to effectively carry out cooperation agreements already signed with Sakai and Osaka Prefecture and jointly remove obstacles to facilitate investment and trade ties.

He called on the administrations of Sakai and Osaka Prefecture to introduce Ho Chi Minh City’s investment climate and encourage local investors to do long-term business in the city.

Having talked about Sakai’s assets and potential and local enterprises’ demand for investment, Emiko Hazama expressed her hope that the Ho Chi Minh City authorities would create more favourable conditions in which for Sakai businesses to invest in the city.

According to the deputy mayor, Sakai is the second-largest city in Osaka Prefecture and boasts considerable assets in industry and high technology.

Recently, Sakai enterprises have embarked on a range of economic, trade and investment cooperation projects in Vietnam, including Ho Chi Minh City.