Ho Chi Minh City and Japanese localities have achieved initial success in a number of joint projects, Chairman of the municipal People’s Committee Le Hoang Quan noted in a meeting with visiting Governor of Saitama prefecture of Japan, Kiyoshi Ueda, on October 29.

He said Ho Chi Minh City is benefiting substantially from Japanese official development assistance, especially in the fields of transport infrastructure, urbanisation and waste treatment.

The city recently granted licenses to 59 new Japanese projects worth more than 230 million USD. The inflow of Japanese investments into the city is now worth 4 billion USD, he said, adding that he hopes to welcome more Japanese visitors to the city to seek investment opportunities.

Ueda said Vietnam is exceptionally attractive to Saitama businesses, and expressed his hope for more support from Ho Chi Minh City for investors from the prefecture and Japan in general.

Saitama is now home to leading companies in steel production, cosmetics, organic vegetables, food packaging and electronics.

Currently, 58 firms with headquarters in Saitama are operating in Vietnam, and are satisfied with the business climate and the quality of the Vietnamese workforce, he announced.-VNA