Hanoi works to draw Japan’s investment

Chairman of Hanoi People’s Committee Nguyen Duc Chung (Photo: VNA)

Hanoi wants to step up cooperation with Japan in various fields, especially investment, trade and tourism, an official said at a workshop in the city on March 20 with the participation of 30 Japanese businesses.

 Chairman of the municipal People’s Committee Nguyen Duc Chung said comprehensive cooperation with Japan is the focal 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 cooperate 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 capable workers.

VNA