Vinh Phuc Regards Japanese Localities, Businesses as Top Partners

10:39:05 AM | 5/1/2021

At the Japan Meeting in 2020, held at the end of November, Mr. Le Duy Thanh, Chairman of the Vinh Phuc Provincial People's Committee, emphasized Vinh Phuc's views and policies on investment cooperation with Japan. He said, Vinh Phuc always sees Japanese localities and enterprises as the most important partners and one of pillars in the development strategy and international integration of the province.

Vinh Phuc currently has 48 Japanese investment projects registering to invest nearly US$1.2 billion. These projects hire 22,000 workers and are powered by cutting-edge technology to manufacture automobiles, motorbikes, auto parts, and mechanics. In particular, within the framework of cooperation document exchange ceremony between Japanese and Vietnamese ministries, branches, localities and enterprises, under the witness of Japanese Prime Minister Suga Yoshihide and Vietnamese Prime Minister of Vietnam Nguyen Xuan Phuc, Vinh Phuc awarded the investment certificate to TOTO Vietnam Co., Ltd.  Accordingly, the company will invest US$100 million in Thang Long Vinh Phuc Industrial Park.

Chairman Le Duy Thanh emphasized that, seeing investors in Vinh Phuc as its citizens, the province will always be a safe and effective investment destination. Vinh Phuc not only has a good investment environment but also a good living environment for investors.

He expected that after the 2020 meeting with Japan, more Japanese investors expressed their interests in Vinh Phuc and decided to invest in environmentally friendly hi-tech investment projects. At the same time, the province will connect Vietnamese and Japanese companies in many cooperation projects in the locality.

By Quynh Ngoc, Vietnam Business Forum