Over 6,000 Japanese firms explore investment in HCM City

Illustrative image (Source: VNA)

Hanoi (VNA) – The Japanese External Trade Organisation (JETRO) representative office in Ho Chi Minh City welcomed more than 6,000 Japanese firms to study the investment environment in the southern economic hub in 2016.

Seventy-seven businesses were established after the meetings, JETRO chief representative in HCM City Koji Yamamoto told Vice Chairman of the municipal People’s Committee Le Thanh Liem in a recent meeting in the city on April 18.

Most of the investment projects are being carried out in southern provinces, he said.

According to the municipal Department of Planning and Investment, Japan ranked fourth among foreign investors in HCM City in the first quarter of 2017 with nearly 1,000 projects.

In addition to boosting collaboration between cities and provinces, the two countries are pushing regional cooperation for long-term and sustainable connectivity, Liem said.-VNA

VNA