Hanoi Works to Draw Japan’s Investment

1:16:05 PM | 22/3/2016

Hanoi wants to step up co-operation with Japan in various fields, especially in investment as well as trade and tourism, an official said at a workshop in the capital on March 20 that drew the participation of 30 Japanese businesses.  

Chairman of the municipal People’s Committee Nguyen Duc Chung said comprehensive co-operation with Japan is a key factor in the capital’s socio-economic development and external affairs.

He underlined Hanoi’s orientation to draw foreign direct investment toward advancing technology and promoting technical transfer for sustainable development. Hanoi hopes Japan will continue to run new investment projects in the capital, he added.

He also revealed the capital’s policy of boosting two-way trade and its strategies to draw tourists from Japan to Hanoi and vice versa.

Local authorities pledged to create the best conditions for the two sides’ business communities to co-operate in the fields of investment, trade and tourism, he said.

President of the Japan City Hotel Association Kimitaka Fujino highlighted the workshop as an important note in a series of Vietnam – Japan cultural exchange programmes in Hanoi that aim to lure Japanese investors.

Lying at the heart of the Red River Delta, Hanoi is an economic hub in northern Vietnam. It boasts advantages in capital sources, technical infrastructure and skilful workers.