Over 6,000 Japanese firms explore investment in HCM City
The Japanese External Trade Organisation (JETRO) representative office in Ho Chi Minh City welcomed more than 6,000 Japanese firms to study the investment environment in the southern economic hub in 2016.
Hanoi (VNA) – The Japanese ExternalTrade Organisation (JETRO) representative office in Ho Chi Minh City welcomed morethan 6,000 Japanese firms to study the investment environment in the southerneconomic hub in 2016.
Seventy-seven businesses were established afterthe meetings, JETRO chief representative in HCM City Koji Yamamoto told ViceChairman of the municipal People’s Committee Le Thanh Liem in a recent meetingin the city on April 18.
Most of the investment projects are beingcarried out in southern provinces, he said.
According to the municipal Department ofPlanning and Investment, Japan ranked fourth among foreign investors in HCMCity in the first quarter of 2017 with nearly 1,000 projects.
In addition to boosting collaboration betweencities and provinces, the two countries are pushing regional cooperation forlong-term and sustainable connectivity, Liem said.-VNA
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Illustrative image (Source: VNA)
