A seminar to attract Japanese investment into southern Long An province took place in Tokyo on January 28.

The event was jointly organised by the provincial People’s Committee, the Japan International Cooperation Agency (JICA), the Japan External Trade Organisation and the Japan–Vietnam Association.

Addressing the event, Chairman of the provincial People’s Committee Do Huu Lam said Long An is in close proximity to Ho Chi Minh City – a major economic and trade hub of Vietnam . The province has an abundance of human resources, and has to date secured 477 projects worth a total of 3.7 billion USD.

The locality is striving to improve administrative procedures and perfect policies and infrastructure, Lam added.

Masaichi Ichikawa, a JICA representative, said Vietnam is emerging as an attractive destination for Japanese businesses. His agency is also actively assisting the province in implementing projects so as to develop industries in an environmentally-friendly manner.

Meanwhile, Vietnamese Ambassador to Japan Doan Xuan Hung said apart from vowing to create a better investment environment and implement the fifth phase of the Vietnam–Japan Initiative, the Vietnamese Government is taking positive measures to curb inflation and stabilise the macro-economy to help the national economy grow.

Hung said the embassy will do its utmost to assist Vietnamese localities, including Long An, and help Japanese investors seek cooperation opportunities.

Long An’s investment environment, preferential policy for foreign investors, and businesses’ experience in production and trading were also introduced at the seminar.-VNA