(Engineering daily) Nguyen Anh Duong = The Hanoi-Japan investment promotion conference on March 29
The city is attracting Japanese investment in high-tech industries, urban railway lines, tourism, high-tech agriculture, high-tech healthcare, education, environment, and trade centres.
Japan is a top foreign investor in Hanoi with an accumulated registered capital of over $10 billion, making up 25.5 per cent of the city’s total FDI.
Japan is also a leading ODA donor for Hanoi with 32 projects totalling nearly $3 billion,
At the conference, four memoranda of understanding on co-operation in investment promotion, tourism, and trade were signed between Japanese and Vietnamese companies.
In 2018, Japan invested in 131 new projects in Hanoi with a total registered capital of $4.7 billion, accounting for 89 per cent of the city’s total newly-registered capital.
So far, Japanese investors have developed several important projects in Hanoi, thus contributing to the city's development.
