Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong (R) presents a gift to Chairman of the Osaka Chamber of Commerce and Industry Hiroshi Ozaki (Photo: VNA)

HCM City (VNA) – Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong said his city wants to enhance cooperation with Japan’s Osaka prefecture, especially in economy, trade and investment, while receiving Chairman of the Osaka Chamber of Commerce and Industry Hiroshi Ozaki on November 22.

Phong highlighted flourishing Vietnam-Japan relations in different pheres, noting that recent visits by the two countries’ leaders illustrate their determination to bolster ties.

He expressed his belief that bilateral relations will make great strides in the near future, particularly in 2018 when the two sides will mark 45 years of diplomatic ties.

HCM City pledges to create optimal conditions for foreign businesses, including those from Osaka, to invest in priority fields such as high-tech waste treatment, renewable energy, health care, and pharmaceuticals, he added.

Phong also asked the Osaka Chamber of Commerce and Industry to connect enterprises of Kansai region, where the prefecture is located, and HCM City, step up locality-to-locality cooperation and implement signed agreements.

[HCM City, Japan’s Mie prefecture eye ties in multiple areas]

At the meeting, Ozaki said many Osaka companies are doing business in HCM City and other parts of Vietnam. Their success in HCM City is partly thanks to local authorities’ support, which has created a favourable investment and business environment.

Noting Osaka firms’ advantages, he said some of them have experiences in solving urban issues facing HCM City, including ensuring economic growth alongside environmental protection. They are ready to assist the southern hub of Vietnam to improve its manpower capacity and technology in pollution treatment, renewable energy, health care and pharmaceutical.

He promised that his chamber will hold business networking and investment promotion programmes to help foster cooperation between Osaka and HCM City, as well as between Japan and Vietnam.-VNA