HCM City addresses Japanese business concerns

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HCM City addresses Japanese business concernsHCM City leaders have affirmed their determination to resolve any difficulties and foster a favourable local investment environment.

Their commitment was made at a December 20 roundtable discussion between Japanese Business Association in HCM City (JBAH) and the City’s investment and trade promotion centre (ITPC).The conference, organised on behalf of HCM City’s Japanese business community, facilitated a direct dialogue with HCM City authorities on issues encountered in tax, customs, and transport.

HCM City People’s Committee Vice President Le Manh Ha, urged the relevant ministries and agencies to focus on any major problems obstructing the production and business activities of the city’s Japanese investors.

JBAH President Yamaguchi Kimio acknowledged HCM City’s recent improvements to its investment environment and the successful implementation of a number of municipal action plans.

JBAH added 72 new members in 2013, bringing its total membership to 678 businesses.

Japan is currently HCM City’s third biggest foreign investor with 112 projects capitalised at over US$101 million.

(VOV)

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