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HCM City seeks stronger cooperation with Japanese firms

Ho Chi Minh City wants to enhance cooperation with Japanese businesses by optimising potential and advantages, thus benefiting both sides, Vice Chairman of the municipal People’s Committee Duong Anh Duc said on October 24.
HCM City seeks stronger cooperation with Japanese firms ảnh 1HCM City officials and representatives of Japanese businesses pose for a group photo on October 24. (Photo: VNA)
HCM City (VNA) - Ho Chi Minh City wantsto enhance cooperation with Japanese businesses by optimising potential andadvantages, thus benefiting both sides, Vice Chairman of the municipal People’sCommittee Duong Anh Duc said on October 24.

At a reception for a visiting delegation of Japaneseenterprises, Duc stressed that HCM City always wishes to be a trusteddestination for Japanese businesses and it is interested in fostering relationswith Japanese localities and partners through delegation exchanges, agreements,and projects.

He described the trip by the Japanese delegation asjoint efforts in strengthening the Vietnam-Japan cooperation and friendshipintensively and effectively.

HCM City needs to learn experience of foreignpartners, especially traditional ones like Japan, and wants to cooperate withand receive investments from them during its development, he said.

The official pledged that the city will coordinateand create favourable conditions for Japanese firms to run long-term businessthere, especially in such priority areas as high-tech, and knowledge-intensiveand high value-added products and services.

Tran Van Minh, CEO of Hybrid Technologies - aJapanese-Vietnamese joint venture, who led the delegation, emphasised thatJapanese enterprises always highly value the development potential of Vietnam,particularly HCM City.

The working trip, which is made on the occasion ofthe 50th anniversary of the bilateral diplomatic ties, aims to seekinvestment promotion opportunities for Japanese businesses that have neveroperated in the Southeast Asian nation, expand the operations of others.  

The 13 participating Japanese firms, specialising inreal estate, hotel, education-training, software, digital transformationconsultation, internet services, IT, and energy transition, called on localauthorities to facilitate their investment and cooperation in the city./.
VNA

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