HCMC attracts US$7.4 trillion investment capital from Japan
SGGP
Ho Chi Minh City Investment and Trade Promotion Center (ITPC) in collaboration with departments, agencies and the Japanese Business Association of Ho Chi Minh City (JCCH) yesterday held the 20th anniversary of the Japan Roundtable Conference in HCMC.
A view of roundtable conference
Attending the celebration were Vice Chairman of the Ho Chi Minh City People’s Committee Vo Van Hoan, Consul General of Japan to Ho Chi Minh City Watanabe Nobuhiro, JCCH Chairman Mizushima Kozo and Japanese enterprises.
Japan ranks fourth among 116 foreign investors. Of the projects invested by Japanese enterprises in HCMC, there have been 1,479 direct investment projects and 1,739 indirect investment projects through capital contribution or share purchase.
The Japanese enterprises have concentrated on the fields of processing and manufacturing, wholesale and retail trade, professional activities, science and technology.
Vice Chairman of Municipal People's Committee Vo Van Hoan speaks at the conference.
Vice Chairman of Municipal People's Committee Vo Van Hoan emphasized that Vietnam and Japan had a long - history relationship. As for the economic sector, Japan is one of Vietnam’s leading important partners and the first G7 country to recognize Vietnam as a market economy.