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Saturday, 27-6-26 12:20:49

Economics

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Strong relationship, effective cooperation

Japan is the leading economic partner of Vietnam, the largest ODA donor, the second largest investor, and the fourth largest trading partner of Vietnam.

Particularly for Binh Duong, Japan has more than 140 enterprises investing in over 320 projects with a total capital of nearly 6 billion USD, ranking second among 65 foreign countries and territories investing in Binh Duong province. In the spirit of expanding exchanges and cooperation, Japan has actively supported ODA capital as well as experience for Binh Duong to implement projects on water supply, drainage and wastewater treatment...

 Some large Japanese economic groups have now invested in Binh Duong, such as: Tokyu invests in urban and traffic infrastructure development; Aeon invests in commercial development; Mitsubishi invests in automobile industry; Toshiba, Foster produce electronic components… Particularly Yamaguchi province (Japan), nearly 10 years after establishing friendly cooperative relations with Binh Duong, the two localities actively carried out many exchange activities, strengthened friendly relations, expanded economic cooperation, investment, trade promotion...

In parallel with socio-economic development, Binh Duong has been always actively expanding bilateral and multilateral cooperation in many fields and set high expectations from the friendly and cooperation relationship with Japan generally and Yamaguchi province particularly. In the coming time, Binh Duong will certainly continue to receive enthusiastic cooperation from the Yamaguchi provincial government; and wishes to keep strengthening the extensive and effective cooperation with this locality in some fields, like science and technology development, education - training, health, physical training and sports...

Making an important contribution to connecting and deepening the friendship relationship between Binh Duong and Yamaguchi, the role of Becamex IDC Corporation is worth mentioning. With dynamic and creative ways of doing things, especially since the effective control of the Covid-19, Becamex IDC has performed excellently its task of connecting and assisting provincial leadership in inviting investors, businesses, and entrepreneurs of Japan, especially of Yamaguchi province, come to Binh Duong to learn about the provincial investment environment and cultural exchange. In the coming time, Binh Duong and Becamex IDC Corporation will continue to accompany, support and create the most favourable conditions for foreign investors, including investors from Japan, to build and cultivate the close friendship relation, facilitate the extensive and effective cooperation.

Reported by Nhat Huy - Translated by Ngoc Huynh

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