Wakayama pledges to facilitate Japanese investment in Vietnam

Japan’s Wakayama prefecture has committed to creating favourable conditions for local enterprises to invest in Vietnam, the Vietnamese Consulate General in Osaka said on November 1.

Wakayama Mayor Nisaka Yoshinobu (R) presents a gift to Vietnamese Consul General Nguyen Hong Ha (Photo: VNA)
Wakayama Mayor Nisaka Yoshinobu (R) presents a gift to Vietnamese Consul General Nguyen Hong Ha (Photo: VNA)

Wakayama Mayor Nisaka Yoshinobu told Vietnamese Consul General Nguyen Hong Ha during their recent meeting that the prefecture will create a favourable legal corridor for Japanese investors, while proposing the Consulate General support his prefecture in promoting tourism and tangerine exports to Vietnam.

Ha, in turn, told the host that the Vietnamese Government has had new stances and measures to enhance pandemic prevention and control and economic recovery and development, and assist both domestic and foreign enterprises in recovering production and maintaining the supply chain.

He also suggested Wakayama authorities pay attention to supporting local businesses to invest in Vietnam in the fields of animal husbandry, farming, seed production and processing of agro-forestry-fishery products, and to cooperation in organising seminars and exchange events to provide detailed information for Japanese businesses and promote linkages between the two sides’ businesses.

Also within the framework of his working trip to Wakayama prefecture, Consul General Ha visited Aridagawa town, which has the highest yield and quality of tangerines in Japan. The Aridagawa authorities said the town is facing many difficulties because of the shortage of labour force, and expressed their desire to receive more Vietnamese interns.