Quang Ninh (VNA) – The northern province of Quang Ninh is willingto hold open discussions with Japanese enterprises and create all possible conditionsfor them in terms of administrative procedures, land clearance, and humanresources, Secretary of the provincial Party Committee Nguyen Xuan Ky hasaffirmed.

Addressing a conference to promote Japanese investment inQuang Ninh, held in both online and in-person forms on December 17, Ky saidthat Quang Ninh prioritises attracting investment in the fields that it hasoutstanding competitive advantages and distinct potential such as moderngeneral services, processing, manufacturing, high technology, marine economy,logistics, seaports and seaport services, ecological agriculture, and renewableenergy.

Deputy Minister of Planning and Investment Tran Quoc Phuongstated that the relationship between Vietnam and Japan is in the best-everstage of development and Japan has always had an extremely important positionon the basis of the Vietnam-Japan Extensive Strategic Partnership for Peace andProsperity in Asia.

The Ministry of Planning and Investment welcomes Japanesebusinesses to invest in Vietnam in general and Quang Ninh in particular,especially in the fields that the two sides have potential for cooperation suchas healthcare, education and training, infrastructure, energy, oil and gas,digital transformation, environment, trade and hi-tech agriculture.

The ministry commits to joining other ministries, sectorsand localities, including Quang Ninh province, to accompany Japanese investors, andcooperate with each other to overcome challenges, take advantage of newopportunities, promote investment, and develop a win-win sustainable economiccooperation, Phuong added.

Japanese Ambassador to Vietnam Yamada Taikio highly evaluated Quang Ninh province's completed infrastructures such as an expressway connectingVan Don international airport with Hanoi and Hai Phong.

Although the number of Japanese enterprises in Quang Ninh remainsmodest, many are interested in investing in the province, he said. Therefore,he expected Quang Ninh to devise a plan to train human resources whoknow Japanese and proposed establishing a Japanese language department at HaLong University.

Takeo Nakajima, Chief Representative of the Japan External TradeOrganization (JETRO) in Hanoi, cited a survey conducted by JETROin August and September 2021 as saying that since 2015, Japanese enterprises have shown moreinterest in investing in Vietnam than in other countries.

Japanese businesses have pinned high hopes on Vietnam’s development andappreciated the qualifications of the Vietnamese workforce, he added.

At present, Japan is Vietnam’s second biggest investor with4,792 projects and combined registered capital of 64.2 billion USD, and its fourth largest trade partnerwith two-way trade reaching 40 billion USD last year.

At the conference, Amata Ha Long Urban JSC signed twomemoranda of understanding on cooperation with two Japanese partners, namely KDDIVietnam Group and Marubeni Group./.