At the signing ceremony (Photo: baodautu.vn)

In the plan discussed on May 13th, the Vietnam - Japan Techno Park is placed at the Hanoi Southern Supporting Industrial Park (HANSSIP), and identified as a location for Japanese and Vietnamese businesses to produce supporting industrial products using high technologies.

In particular, capable Vietnamese businesses will be supported to join Japanese businesses’ global production chain.

According to Mr Nguyen Hoang, Deputy President of the Vietnam Association for Supporting Industries, CEO and President of N&G Group, the Vietnam - Japan Techno Park will facilitate the development of Japanese and Vietnamese small- and medium-sized businesses in supporting industries.

N&G Group is the investor of HANSSIP which has an area of 640 hectares and expects to be expanded to 2,000 hectares.

Onaga Company, established in 1978 in Japan, is oriented to become a technological group. Its main products are spare parts for airplanes, aviation engines, construction machines and power generators.

On the same day, it announced the establishment of a representative office in Vietnam./.

Compiled by BTA