Business

Workshop talks cooperation between Da Nang, Japan

Potential for cooperation between the central city of Da Nang and Japan was the main focus of a workshop held by the municipal People’s Committee on July 14.
Workshop talks cooperation between Da Nang, Japan ảnh 1At the workshop in Da Nang. (Photo: VNA)
Da Nang (VNA) – Potential for cooperationbetween the central city of Da Nang and Japan was the main focus of a workshopheld by the municipal People’s Committee on July 14.  

In his opening remarks, Vice Chairman of the People’sCommittee Ho Ky Minh said in the first half of this year, Da Nang’s grossregional domestic product (GRDP) grew about 3.74% year-on-year.

Da Nang ranked third among the five centrally-run cities,and 46th among the 63 cities and provinces nationwide in terms ofgrowth, he added.

The official said Da Nang has established friendshipand official cooperative ties with the Japanese cities of Kawasaki, Sakai,Yokohama and Kisarazu, while maintaining cooperation with 15 other cities andprefectures.

Notably, Japan is taking the lead in registeredinvestment capital in Da Nang, with more than 1 billion USD injected into 222projects, accounting for 23.5% of the total FDI projects and 26% of the accumulativeforeign investment capital in the city.

The projects mainly focus on component manufacturing,processing, IT, education, health care, services and tourism, generating jobsfor more than 40,000 labourers, he said.

Trade between the two sides reached 730 million USDlast year, significantly contributing to the trade ties between Vietnam andJapan, the official continued, pledging that Da Nang will create optimalconditions for Japanese experts and businesses to work and invest in the city.

For his part, Japanese Consul General in Da Nang YakabeYoshinori stressed that Japanese firms are interested in the city, saying hehopes that following the workshop, Japanese investment in the locality will befurther facilitated./.
VNA
#Da Nang #Japan #GRDP #FDI projects #cooperation #Vietnam #VietnamPlus #Vietnam news Da Nang
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