Vietnamese and Japanese businesses proposed practical measures to improve the investment climate and create a closer link between domestic and foreign businesses in Ho Chi Minh City.

 

The proposals were put forth during their meeting with leaders of the HCM City People’s Committee on December 19.

Japan has become HCM City’s biggest foreign investor, with a total capitalization of more than US$2.7 billion in many projects.

The Chairman of the Japanese Business Association in HCM City, Mitsuhiro Mori, said apart from 600 Japanese businesses operating in the city, many others are also keen to invest there.

VOV