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Appealing for even more Japanese investors to the city

By DA NANG Today
Published: October 05, 2018

On Thursday, Da Nang People’s Committee Chairman Huynh Duc Tho played host to Mr Vu Hong Nam, Deputy Minister of Foreign Affairs cum Chairman of the State Commission for Overseas Vietnamese and Vietnamese Ambassador Extraordinary and Plenipotentiary to Japan.

Chairman Tho (right) and Deputy Minister Nam
Chairman Tho (right) and Deputy Minister Nam

Chairman Tho remarked Japan was now one of the city’s most important partners. As of July, the city had been home to 143 Japanese businesses and representative offices, plus Japanese-invested projects worth a total of 530 million USD. Most of the projects were mainly involved in such aspects as manufacturing, processing, information technology (IT), science and technology, restaurants and hotels.

In addition, the direct flights connecting Da Nang with Narita and Osaka, are operating effectively. This has created favourable conditions for Japanese and Da Nang businesses, investors and residents to enhance their exchange and cooperative activities.

The city leader also asked for help from Deputy Minister Nam to appeal for even more Japanese organisations and businesses to invest in such aspects in which the two sides show off their strengths and keen interests.

In reply, Deputy Minister Nam expressed his delight at the fruitful results from the bilateral cooperative programmes between Da Nang and some Japanese localities.

He believed Da Nang would attract even more Japanese businesses to invest in various aspects, including education, IT, and hi-tech, in the coming time thanks to its open and transparent incentive policies for foreign investors.

Mr Nam also affirmed that with the role of a Vietnamese Ambassador Extraordinary and Plenipotentiary to Japan, he would do his utmost to further deepen cooperative relationships between Da Nang and Japanese localities.

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