At the meeting, Chairman of the Hung Yen Provincial People's Committee Tran Quoc Van emphasised that Hung Yen Province has a favourable geographical location, developed infrastructure, convenient transportation, and available resources.
The province always strives to create a favourable investment and business environment for foreign investors to invest in the province.
Up to now, the total number of foreign investment projects in Hung Yen Province is 516 projects, with total registered investment capital of about 6.313 billion USD. The foreign investors come from many different countries and territories.
Among them, investors from Japan ranked No. 1 in terms of the number of projects, with 173 projects and total registered investment capital of more than 4 billion USD. Currently, there are 169 Japanese FDI projects in operation with total implemented investment capital of about 3.258 billion USD, creating jobs for about 45,000 workers, contributing about 1,407 billion VND to the state budget in 2022. In the first 6 months of 2023, their contrubution reached about 880 billion VND, equivalent to 38.2 million USD.
Hung Yen Province values and calls for investors from Japan, especially large corporations, to research and cooperate in investing in areas of strength. The province has outstanding competitive advantages, such as processing and manufacturing industries; clean energy, renewable energy; development of digital government, digital economy and digital society; infrastructure, smart urban areas; modern agriculture development; industrial areas; development of logistics infrastructure; and finance, banking.
Nakajima Takeo, Chief Representative of the Japan External Trade Organization in Vietnam (Jetro), shared that over the past years, Jetro has had effective and practical cooperation with Vietnamese provinces and cities in promoting investment of Japanese enterprises. Among them, Hung Yen is a highlight, attracting a large number of Japanese businesses.
Ambassador Extraordinary and Plenipotentiary of Japan to Vietnam Yamada Takio emphasised that Hung Yen is a province that attracts foreign investment, including Japanese businesses. The Ambassador hoped that Hung Yen Province would continue to create favourable conditions and have many preferential policies for businesses investing in the province.
Hung Yen Province commits to regularly contact and conduct dialogue with businesses to promptly grasp and handle difficulties and problems and support businesses, including Japanese businesses. In addition, the province plans to strengthen investment and trade promotion activities, promote potential and business opportunities, and build the brand and image of Hung Yen Province both domestically and internationally.
At the conference, the Hung Yen Provincial People's Committee and Hung Yen Provincial Industrial Zones Management Board presented investment certificates to a number of investment projects of Japanese enterprises.
Department of Planning and Investment of Hung Yen Province and Deloitte Vietnam Tax Consulting Company Limited also signed a cooperation agreement.
Hung Yen Province presented certificates of merit to a number of outstanding businesses in Hung Yen Province.
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Hung Yen Provincial People's Committee presented investment certificates to Japanese enterprises. |
