Japan’s Toyama prefecture eyes investment opportunities in Binh Duong
Nguyen Van Danh, Vice Chairman of the Binh Duong Provincial People's Committee, a magnet for foreign investment in the South, hosted a reception on December 22 for a delegation from Japan’s Toyama prefecture led by Governor Nitta Hachiro.
Vice Chairman of the Binh Duong Provincial People's Committee Nguyen Van Danh (R) receives Governor Nitta Hachiro. (Photo: VNA)
Binh Duong (VNA) – Nguyen Van Danh, Vice Chairman of the Binh Duong Provincial People's Committee, a magnet for foreign investment in the South, hosted a reception onDecember 22 for a delegation from Japan’s Toyama prefecture led by GovernorNitta Hachiro.
The governor said thedelegation comprises more than 20 enterprises of Toyama which have interests inthe investment environment in the southern province.
The prefecture’s authoritieshave conducted a survey showing that Japanese businesses are interested ininvesting in Vietnam, especially Binh Duong province, as Vietnam has reportedrapid and sustainable economic growth, he added.
Danh told the guests that BinhDuong is home to 29 large-scale industrial parks with a total area of nearly12,700 hectares.
As of November 30, it hadattracted approximately 40 billion USD with 4,082 projects from 65 nations andterritories, of which Japan ranked second with a total of nearly 6 billionUSD.
Binh Duong is planning toattract investment in projects with less labour and land use by utilisingadvanced technology and lowering environmental impacts, he said./.
The southern province of Binh Duong is leveraging its industrial parks to lure foreign direct investment (FDI) and develop trades and services, building a diverse economic ecosystem that facilitates the formation of a green and smart economy.
The additional 2.7 billion USD poured into Binh Duong in the first 10 months of 2022 has helped the southern industrial hub rank second in Vietnam in terms of foreign direct investment (FDI) attraction.
The southern province of Binh Duong must achieve rapid, harmonious, inclusive and sustainable development, thus ensuring social security and leaving no one behind, Prime Minister Pham Minh Chinh has said.
Binh Duong province, one of industrial hubs in southern Vietnam, has so far this year attracted over 3 billion USD in foreign direct investment, taking the lead in the Southeast region.
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