Japan wants to expand industrial support development model in Binh Duong

June 12, Nguyen Van Danh, Vice-Chairman of provincial People's Committee, had a meeting with Nozaki Takao, the newly appointed Chairman of the Japanese Chamber of Commerce in Ho Chi Minh city (JCCH) and his delegation. The event was also attended by leaders from provincial Department of Foreign Affairs, Department of Planning and Investment, Department of Industry and Trade, and Industrial Parks Management Board.

At the reception, Mr. Nozaki Takao expressed his gratitude to Binh Duong province for providing a favorable investment environment that has enabled Japanese businesses to operate efficiently. He noted that Binh Duong organized a series of events to commemorate the 50th anniversary of the establishment of diplomatic relations between Vietnam and Japan, reflecting the province's respect for its friendship with Japanese partners. These events fostered Vietnam-Japan cultural exchanges and strengthened the connection between investors and Binh Duong province. Mr. Nozaki Takao mentioned that following the success of establishing the Coordinator Team for Supporting Industrial Development in Dong Nai, Japan hopes to expand this model to other provinces and cities, including Binh Duong.

Mr. Danh also informed of the delegation on Binh Duong province's economic development and the activities of Japanese investors in Binh Duong. Japan currently ranks second among 65 countries and territories with investment projects in the province, with 353 projects and total investment of US$5.9 billion. To date, Binh Duong has established bilateral cooperative relationships with 13 foreign provinces and cities, including Yamaguchi Prefecture in Japan. In the coming time, Binh Duong aims at implementing a green, sustainable strategy focusing on high-tech, advanced, environmentally friendly and labor-intensive sectors that generate high added value.

He also wanted the Japanese Chamber of Commerce and Japanese businesses to continue paying attention to learning and choosing Binh Duong as an investment destination. The province is committed to providing favorable conditions, promptly resolving difficulties and ensuring a transparent, open and safe investment environment so that enterprises, including those from Japanese enterprises, work effectively.

Reported by Tieu My-Translated by Kim Tin