HCM City hopes to be trustworthy business destination of Japan

Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong has expressed hope that Ho Chi Minh City – an economic hub of Vietnam, would become a trustworthy business destination of firms from Japan in general and Kansai region in particular. 

During a reception for Chairman of the Kansai Economic Federation (Kankeiren) Shosuke Mori in Ho Chi Minh City on September 14, Phong pledged all possible support to Kankeiren members to do long-term business in the city. 

He informed his guest that the city has operated a Kansai desk since 2014 to assist Kansai businesses in exploring Ho Chi Minh City market. 

The city hopes Kansai region’s companies will invest in waste treatment technology, urban flooding prevention and high-technology manufacturing, he said. 

Mori, for his part, said regional firms treasure economic and trade ties with Vietnam, in which Ho Chi Minh City is an important destination. 

Kankeiren member businesses took the occasion to acquire information from HCM City agencies on foreign investment situation in the city, priority fields and potential of economic ties between Kankeiren and Ho Chi Minh City. 

Kansai is the second largest economic, financial, scientific-technological hub of Japan, behind Kanto region, with strength in manufacturing industry. Firms from the region account for 20-30 percent of Japanese investment in Vietnam.
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