The northern province of Hoa Binh is introducing many new measures to improve its investment environment and is committed to considering the investors as its own citizens.

The Chairman of the Hoa Binh provincial People’s Committee, Bui Van Tinh stated this at a meeting with the President of the Japanese-Vietnamese Cultural Association (JVCA) Toyoharu Tsutsui on May 2.

In late 2011, the provincial People’s Committee and the JVCA signed a memorandum of understanding (MoU) to boost cultural and economic exchanges between Vietnam ’s Hoa Binh province and Japan .

Under the MoU, both parties will exchange information to help Japanese businesses study investment opportunities in the province.

Toyoharu Tsutsui said that all the Japanese investors have been successful in Hoa Binh province, adding that many of them are expanding the scale of their projects.

He said this proved the good investment environment in the province, adding the JVCA is calling on Japanese businesses to carry out more new investment projects in the province.

In recent years, Hoa Binh province has effectively carried out several projects funded by Japanese financial organisations, boosting socio-economic development and improving the local people’s living standards.-VNA