Representatives from N&G Group and Onaga Company pose for a photo after the signing ceremony. (Photo: kinhtedothi.vn)

Hanoi (VNA) - A complex intended to connect Japanese and Vietnamese firms involved in supporting industries will be developed in the Hanoi Southern Supporting Industrial Park (HANSSIP).

 The complex’s establishment followed an agreement inked between the HANSSIP’s investor – N&G Group – and Onaga Company from Japan in the capital city on May 13.

The launch of the Vietnam-Japan Tech-Park complex would mark a good starting point for both Japanese small and medium-sized businesses and those who specialise in supporting industries in Vietnam, said Nguyen Hoang, vice president of the Vietnam Association for Supporting Industries (VASI) and chairman of N&G Group.

VASI Chairman Le Duong Quang agreed. He said cooperating with enterprises from Japan which had developed supporting industries would bring a lot of benefits for Vietnamese companies.

Domestic enterprises would have opportunities to update Japanese advanced technologies and through Japanese enterprises, they would gain access to the world market, thereby deeply joining the global value chain, he said, adding that Japanese enterprises could also support local companies in human resources training.

For his part, director of Onaga Company Masaru Onaga said that the complex would call on Japanese enterprises to Hanoi to invest in supporting industries and high tech ones.

The HANSSIP covers 640ha in the city’s Phu Xuyen district. It comprises an industrial zone which serves supporting industries including manufacturing, mechanical engineering, textile and garment, leather-footwear, electronics, automobile assembling and urban service areas.

The capital city has set a goal of having about 900 firms in supporting industries by late 2020, according to the municipal Department of Industry and Trade.

Of them, some 400 would be eligible to have production systems and their products in line with international standards, as well as have sufficient supply capacities in global production networks from multinational corporations in Vietnam, the department said.-VNA