Ho Chi Minh City (HCM) and Japan’s Shiga prefecture agreed to establish their cooperation in economy and industry following the spirit of a Memorandum of Understanding (MoU) signed in the city on November 13.

Under the MoU, the two sides will forge links in fields of common concern, especially support and hi-tech industries, education and training in technology and science, trade, labour, tourism, and environment.

A working delegation from Japan's Shiga prefecture met with the HCM City Hi-tech Zone Management Board in July, 2014. Photo: hochiminhcity.gov.vn

Both localities will create favourable conditions for their enterprises to operate effectively in respective side and swiftly provide them with information on investment climate and the two governments’ policies.

They will also work closely to support collaboration initiatives between the HCM City Hi-tech Zone Management Board and Shiga’s Department of Trade, Industry, Tourism and Labour.

Speaking at the signing ceremony, Le Hoang Quan, Chairman of the HCM City People’s Committee highlighted the developing ties between the two nations, describing it as a stable foundation to further bolster connectivity between their localities and enterprises.

He noted HCM City and Shiga see many opportunities to boost all-around links, especially in the hi-tech field.

Expressing his impression at HCM City’s dynamic development, Shiga Governor Taizou Mikazuki said his locality is willing to assist the Vietnamese city in developing the domains of high technology, education and environment.

The HCM City-Shiga cooperation will contribute to deepening the two countries’ relations further, he stressed.

Source: VNA