Japanese locality’s businesses focus on investment in Ho Chi Minh city

During the meeting, Secretary Thang said that his visit aimed to seek cooperation between the two localities, and carry out contents mentioned in the memorandum of understanding (MoU) on friendship and cooperation between Ho Chi Minh city and Nagano prefecture, signed during Governor Shuichi Abe’s visit to the Vietnamese city in 2016. “I believe that the MoU will open up cooperation opportunities between the two localities,” said Secretary Thang. “Ho Chi Minh city wants to cooperate with Nagano prefecture in supportive industry, education, human resources training, transport and healthcare,” he went on to say, adding that advanced technologies from Nagano prefecture, if applied in Vietnam or Ho Chi Minh city, would help address important issues in production development, environmental protection and food safety.

There are currently 17 businesses from Nagona prefecture investing in Ho Chi Minh city, with a capital of over USD20 million. Meanwhile, the prefecture’s Hachijuni Bank has sent representatives to Vietnam to support businesses in the city. “With this foundation, I believe that investment from Nagano prefecture will increase in the future,” said Secretary Thang.

Governor Shuichi Abe and Standing Vice Chairman of the city People’s Committee Le Thanh Liem signed a MoU on industrial, tourism, agriculture and human resources cooperation.

After the MoU signing, in response to reporters’ questions, Governor Shuichi Abe said that to satisfy businesses’ demand, the province will provide information for those who want to invest abroad, adding that Nagona prefecture wanted to work more closely with Vietnam for more information about the Vietnamese market./.