HCM City drives cooperation with Japan

Ho Chi Minh City is seeking support and cooperation with Aichi prefecture of Japan in auto manufacturing, as the locality is seen as Japan ’s centre of the auto industry.
Ho Chi Minh City is seeking support and cooperation with Aichiprefecture of Japan in auto manufacturing, as the locality is seen asJapan ’s centre of the auto industry.

Vice Chairman of the HCM City People’s Committee Le Manh Ha was speakingwith visiting Aichi Governor Ohmura Hideaki and businesses on April 18.

Ha said he hopes that businesses from Aichi will gain more information and increase their investment in the city.

According to the HCM City official, about 500 Japanesebusinesses are operating in the city, with a total capital of about 2billion USD.

Two-way trade between HCM City andJapan reaches nearly 4 billion USD annually, Ha said, adding thatthe city welcomes over 300,000 Japanese visitors each year.

On this occasion, Ha expressed thanks to Japan in general andAichi prefecture in particular, for their contributions to his city’sconstruction and development process.

He cited theEast-West Avenue project, including Thu Thiem tunnel, which usesofficial development assistance from Japan , as a bright example ofsuccessful cooperation between the two countries.

For his part, Ohmura Hideaki said Aichi hopes to further enhance ties with HCM City and with Vietnam at large.

Aichi has paid attention to investment in Vietnam and createdconditions for small and medium-sized enterprises to seek cooperativeopportunities in HCM City .

Aichi GovernorOhmura Hideaki committed to the expansion of cooperation between the twolocalities in industrial production, tourism and education.-VNA

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