December 22, 2022 | 21:23 (GMT+7)
Japan’s Toyama prefecture eyes investment opportunities in Binh Duong
Nguyen Van Danh, Vice Chairman of Binh Duong province, a magnet for foreign investment in the South, hosted a reception on December 22 for a delegation from Japan’s Toyama prefecture led by Governor Nitta Hachiro.
The governor said the delegation comprises more than 20 enterprises of Toyama which have interests in the investment environment in the southern province.
The prefecture’s authorities have conducted a survey showing that Japanese businesses are interested in investing in Vietnam, especially Binh Duong province, as Vietnam has reported rapid and sustainable economic growth, he added.
Nguyen Van Danh told the guests that Binh Duong is home to 29 large-scale industrial parks with a total area of nearly 12,700 hectares.
As of November 30, it had attracted approximately 40 billion USD with 4,082 projects from 65 nations and territories, of which Japan ranked second with a total of nearly 6 billion USD.
Binh Duong is planning to attract investment in projects with less labour and land use by utilizing advanced technology and lowering environmental impacts, he said.
Source: VNA