Vice Chairman of the Hanoi People’s Committee Le Hong Son has called on businesses from Japan’s Fukuoka prefecture to penetrate into the local market in order to fully tap each side’s advantages, reported Ha Noi Moi newspaper.

Speaking at a conference in Fukuoka on August 26, which drew 65 Japanese and Vietnamese enterprises, Son pledged the best possible conditions for the two localities’ businesses to cooperate in investment, trade and tourism.

The capital city aims to attract foreign investments towards up-to-date technologies and technology transfer in association with sustainable development, he said.

Hanoi is striving to boost two-way trade with Fukuoka and rolling out strategies to lure more tourists from the Japanese prefecture, the official noted.

At the conference, the Japanese businesses were briefed on changes in Vietnam’s 2014 Investment and Business Laws as well as the city’s investment environment, orientations and policies.

After the Q&A session, the two sides signed a memorandum of understanding.

Hanoi’s four enterprises also introduced their strengths and cooperation plans with partners from Fukuoka.-VNA