The Ministry of Planning and Investment and a delegation of senior
officials from the Japanese prefecture of Saitama signed a
memorandum of understanding on economic cooperation in Hanoi on
Speaking at the signing ceremony, the
Governor of Saitama, Kiyoshi Ueda, said that their visit to Vietnam is
to strengthen friendship and cooperation between the Japanese locality
and Vietnam , as well as overall economic ties between the two
Apart from the car manufacturing industry
and mechanical engineering, Saitama is also very strong in food
processing, said Ueda.
Several large companies based
in the locality, such as Honda and a subsidiary of Canon, have already
invested in Vietnam , the Governor noted.
that during their visit, several businesses from Saitama stated that
they have plans to invest in Vietnam in the near future and that the
local authorities always do their best to support Vietnamese businesses
wishing to operate there.
Minister for Planning and
Investment Bui Quang Vinh added that relations between Vietnam and
Japan have continued to strengthen in recent years.
Japan now takes the lead in providing Vietnam with official
development assistance and foreign direct investment, said the minister.
Vinh highlighted the level of mutual trust between
the governments and peoples of both countries, which he said serves as a
firm foundation for increased long-term and comprehensive cooperation
between Vietnam and Japan .
He added that the
Vietnamese Government hopes that all the Japanese localities, groups and
corporations will continue to invest in the country and to provide it
with official development assistance.-VNA