HCMC Secretary promotes trade, investment in Japan

Secretary of the Party Committee of HCM City, Dinh La Thang, is on a visit to Japan from April 6-15, aiming to enhance trade and investment ties between the city and Japan.

Secretary of the Party Committee of HCM City, Dinh La Thang speaks during a meeting with the Vietnamese Embassy’s staff in Tokyo, Japan, April 6. (Credit: tuoitre.vn)
Secretary of the Party Committee of HCM City, Dinh La Thang speaks during a meeting with the Vietnamese Embassy’s staff in Tokyo, Japan, April 6. (Credit: tuoitre.vn)

During the visit, Thang is scheduled to meet local authorities and businesses to seek cooperation in infrastructure development, transportation, tourism and high technology.

The secretary will attend events promoting trade, investment and tourism in Osaka, Tokyo, Hyogo, Aichi and Nagano. Especially, conferences in Osaka and Hyogo are intended to call for investment in the city’s key projects and introduce its potential for investment and tourism.

He will tour several industrial parks and hi-tech agricultural and industrial projects in Japan.

On April 6, Secretary Thang met with Vietnamese Ambassador to Japan Nguyen Quoc Cuong in Tokyo where he updated Cuong on the socio-economic development in HCM City.

The city reported an economic growth of 7.46% in the first quarter of 2017, higher than the same period last year, while about VND85 trillion in tax payment was collected, Thang said.

At the same time, it confronted several major challenges in terms of infrastructure, transportation, environment, food safety and security, he added.

He expressed hope that the Vietnamese Embassy will continue to connect HCM City and Japan for increased Japanese investments in the city.

Last year, Japan ranked sixth among countries and territories investing in HCM City.