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HCM City calls for more Japanese investment

The Japanese Business Association in Ho Chi Minh City (JBAH) has been asked continue organising economic conferences and forums to attract Japanese investors to the city, especially in tourism and supporting industries.
HCM City calls for more Japanese investment ảnh 1Illustrative image (Photo: crossed-flag-pins.com)
 
HCM City (VNA) – The Japanese BusinessAssociation in Ho Chi Minh City (JBAH) has been asked continue organising economicconferences and forums to attract Japanese investors to the city, especially intourism and supporting industries.

Speaking at a reception for Kadowaki Keiichi,new president of JBAH, on May 29,
Nguyen Thanh Phong, Chairman of the Ho Chi MinhCity People’s Committee, highlighted the association’s role in dialogue betweenbusinesses and local authorities. He thanked the association’s help for thecity in tackling business difficulties of Japanese firms operating in HCM City.

The municipal official spoke highly of contributionsof Japanese enterprises to the city’s socio-economic development, hoping thatthey will strengthen cooperation between local and Japanese enterprises throughsocial activities. 

HCM City will closely cooperate with Japanesebusinesses and create best possible conditions for local enterprises to participatein global and regional supply chains of the supporting industry, thus enhancingrelations between Vietnamese and Japanese firms, he added. 

Phong also asked JBAH to raise the domesticsupply proportion in the city’s supporting industry, which was agreed by theassociation’s president Kadowaki Keiichi.

He suggested the city continue organisinground-table meetings between Japanese investors and local authorities todiscuss solutions to removing business obstacles for common interests of bothsides.-VNA 
VNA

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