Businesses from Akita prefecture, northern Japan, on August 1
toured the southern province of Binh Duong to inquire into
investment climate there.
Professor Umehara
Katsuhiko from the East Asia research centre said he was surprised at
the local rapid growth, with a joint venture between the Becamex-Binh
Duong company and Japan’s Tokyu Corporation as a core in the
development of the Binh Duong New City project.
He
said he will introduce Vietnam, especially Binh Duong province where
Japanese investors run a number of projects, to Akita businesses in
order to increase trade ties between the two localities in the coming
time.
Chairman of the provincial People’s Committee
Le Thanh Cung said local authorities have taken heed to foreign
businesses, including those from Japan, to help them overcome
difficulties, while facilitating their operation.
Binh Duong is home to over 2,300 foreign investment projects totalling
19.8 billion USD run by nearly 40 nations and territories. Japan takes
the lead with 4.7 billion USD invested in more than 220 projects
The province has also received official development assistance from
Japan for water drainage system and environment projects, he added.-VNA