Da Nang organised an investment promotion week for 15 members of the Japanese Business Association (Keidanren), and 120 other Japanese businesses, in Japan from November 9 to November 12.

Motoshi Mitobe, General Director of Tokyo Keiki, which was the first Japanese company in the Da Nang High-Tech Park, with a 40 million USD investment, said the investment in the city was a long-term strategy of the company.  He asked the city leaders to speed up the completion of infrastructure, waste water treatment and green environment for investors in the high-tech park.

Containers are loaded at the Tien Sa Port in Da Nang (Photo: VNA/VNS)

Chairman of Route Inn Group Nagayama Katsutoshi said the group has planned 10 hotels in Da Nang and other Vietnamese cities.

In a talk with the leadership of Keidanren, the city also proposed to soon launch a direct flight between Osaka and Da Nang, as 7 direct flights a week to Narita had helped promote tourism since its launch last year.

Da Nang was also committed to creating the most favourable conditions for Japanese businesses in the city in the future.

The city planned to build a 1.2ha Viet Nam-Japan Culture Centre and a 134ha industrial park for medium and small-size businesses from Japan.

Kana Miyazaki, Deputy Chief Representative of the Japan External Trade Organisation (JETRO) in Ha Noi, said a recent survey by JETRO pointed out that 66% of the 458 Japanese firms based in Viet Nam planned to expand their business during the next one or two years.

(Source: VNA)