Business

Vinh Phuc seeks further Japanese investment

The northern province of Vinh Phuc will call for further Japanese investment at a conference to be held in Vinh Yen city on June 23, the provincial People's Committee has announced.
Vinh Phuc seeks further Japanese investment ảnh 1A Honda Vietnam plant in Vinh Phuc (Photo: VNA)
VinhPhuc (VNS/VNA) - The northern province of Vinh Phuc will call forfurther Japanese investment at a conference to be held in Vinh Yen city onJune 23, the provincial People's Committee has announced. 

Theconference is expected to attract over 800 delegates,including leaders of relevant ministries and sectors and the Japanese andVietnamese business communities, it said. 

Itwill highlight the achievements of cooperation between Vietnam and Japan andbetween Vinh Phuc province and Japanese localities. Theprovince's strengths and investment advantages will be also introduced toJapanese enterprises. 

Withsignificant investment in building transport and industrial infrastructure, aswell as favourable mechanisms and policies in support of investors, Vinh Phucis emerging as an attractive destination for Japanese businessmen.

Currently,Japan is the province's second-largest foreign investor after the Republicof Korea with nearly 60 projects worth over 1.4 billion USD.These projects are mainly in the fields of automobiles, motorcycles,processing and manufacturing.

Aimingat markets with strengths in science and technology like Japan, local projectsseeking investment are concentrated in sectors like support industry, tourismservices, high-tech agriculture and socio-economic infrastructure development.

Thelocality has also stepped up communication activities to promote the localbusiness climate, policies, potential and opportunities.

Theprovincial People’s Committee and relevant agencies are proactively taking partin conferences, forums and business-matching events targeting Japaneseinvestors./.
VNA
#Vinh Phuc #Japanese investment #Japanese localities #Japanese investors #foreign investment in Vietnam #updated Vietnam news #Vietnamplus #Vietnam News Agency Vinh Phuc Japan
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