Dozens of Vietnamese and Japanese firms joined a conference promoting investment in and trade with Dong Nai province – a top destination for foreign investors in Vietnam – in Tokyo on September 19.
Tokyo (VNA) – Dozens of Vietnamese andJapanese firms joined a conference promoting investment in and trade with DongNai province – a top destination for foreign investors in Vietnam – in Tokyo onSeptember 19.
In his remarks at the event, Vietnamese Ambassador to JapanVu Hong Nam stressed Japan is among Vietnam’s most important and strategicoverseas partners and investors, noting that Japanese-funded projects havecontributed to boosting the country’s socio-economic growth.
The diplomat affirmed the Vietnamese Government and Dong Naiauthorities are committed to creating the best conditions possible for Japaneseinvestors.
He said he is confident that the southern province’simplementation of the Long Thanh international airport and investmentattraction policy will help it lure more foreign investors, particularly thosefrom Japan.
Tran Van Vinh, Vice Chairman of the Dong Nai People’sCommittee, took the occasion to introduce the local growth potential andinvestment attraction policy.
According to him, having a young population, convenienttransport system, and rich soil, Dong Nai is home to 1,420 valid foreign-investedprojects worth nearly 30 billion USD. More than 40 countries and territorieshave so far invested in the province, with Japan ranking third in terms ofproject number and investment amount. The East Asian nation is currentlyrunning 259 projects worth 4.64 billion USD in the locality.
After the conference, Dong Nai’s enterprises and theirJapanese peers began a series of meetings to seek cooperation opportunities.
In an interview with the Vietnam News Agency, Mai Van Nhon,deputy head of the management board of industrial parks in Dong Nai, said theprovince does not aim to attract foreign direct investment at all costs, butprioritises high-tech and environmentally friendly projects that do not followlabour-intensive practices.
Such policy has led to better quality of the foreign capitalflow over years, he noted./.
The southern province of Dong Nai is completing its transport infrastructure and boosting administrative reform to improve local business climate as a measure to luring more foreign investors.
The southern province of Dong Nai enjoyed a trade surplus of 2.1 billion USD in the first eight months of this year, according to the provincial Department of Statistics.
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