Ha Noi stands ready to welcome Japan investors

May 27, 2020 1:00 PM GMT+7

VGP - Secretary of the Ha N oi Party Committee Vuong D inh Hue in Ha Noi on May 26 received Japan’s Ambassador to Viet N am Yamada Takio .

Secretary of the Ha Noi Party Committee Vuong Dinh Hue (R) and Japan’s Ambassador to Viet Nam Yamada Takio

At the reception, Japanese Ambassador to Viet Nam Takio said Ha Noi is an essential part in the Viet Nam-Japan relations, not only because of its status as the capital city, but also the growing number of Japanese citizens and enterprises in the city.

Takio expected Ha Noi’s early control of the pandemic would help attract stronger capital inflows into the city.

He said the Japanese government is seeking to boost economic cooperation with Viet Nam in a new normalcy so that Japanese firms in Viet Nam could soon restart their businesses.

The ambassador asked for the city’s support for over 1,000 Japanese experts and citizens to return to Ha Noi for work, with which Hue fully agreed because those entering Viet Nam fully comply with Vietnamese regulations on Covid-19 prevention.  

In turn, Secretary of the Ha Noi Party Committee Vuong Dinh Hue said Ha Noi would continue to address issues related to foreign-invested projects, including those of Japanese investors.

He said the strong comprehensive partnership between two countries is laying a solid foundation for localities from the two countries to strengthen cooperation in various fields.

Mr. Hue said Ha Noi gives strong priority to cooperation with Japan’s prefectures and cities, noting that Japan is currently Ha Noi’s largest investor and donor of official development assistance (ODA).

While trade and tourism are major pillars in cooperation between Ha Noi and Japan, Hue suggested the latter to continue providing ODA for the capital city’s major infrastructure projects.

According to Hue, Ha Noi has effectively contained the Covid-19 pandemic, and targets an economic expansion rate at 1.3 times higher than the national average.

He invited Takio to attend Ha Noi’s investment promotion conference, scheduled to take place by the end of June.

By Vien Nhu

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