Bac Ninh draws Japanese investment in tourism

Bac Ninh (VNA) – A workshop was held in the northern province of Bac Ninh on March 21 to attract Japanese investment in tourism.

Vice Chairman of the provincial People’s Committee Nguyen Tien Nhuong described the locality as one of the most dynamic economies in the country, with unique culture and traditional craft villages.

The province attracted more than 800 foreign direct investment (FDI) projects worth 11.8 billion USD, he said, adding that Japan ranks second among countries and territories with total investment of 1.4 billion USD.

He noted that Bac Ninh boasts rich tourism resources such as “Quan ho” (love duet singing), an Intangible Cultural Heritage of Humanity; an age-old culture with numerous festivals; craft villages; and architecture.

With the aim of building the provincial capital of Bac Ninh into a centrally run city in the 21 st century, Nhuong said local authorities hope economic, trade and investment ties with Japan will increase, especially in tourism infrastructure.

The province welcomes Japanese investors and tourists, and will create the best conditions possible for the two sides’ business communities to forge connectivity, he added.

Representatives from the provincial Department of Planning and Investment spoke to Japanese firms about local natural resources, the investment climate and preferential policies to develop tourism. They also highlighted some notable projects from Japan and investment orientations in the field.

Chairman of Japan City Hotel Association Kimitaka Fujino mentioned the tourism development between Vietnam and Japan in recent years, as well as proposals from Japanese investors in the field.

He also discussed measures to promote short- and long-term bilateral cooperation.

During the workshop, participants also spoke about the Vietnamese Government’s goals to develop trade, investment and tourism cooperation with Japan.-VNA