Hai Phong, Gunma expand cooperation and business connection

Do Thanh Trung, Deputy Secretary of the Hai Phong Party Committee and Chairman of the City People's Committee, received and held a working session with a delegation from Gunma Prefecture, Japan, led by Governor Ichita Yamamoto, on November 9 during its working visit to Hai Phong.

Chairman Do Thanh Trung emphasized the significance of the visit, particularly as the two localities officially signed a Memorandum of Understanding (MoU) on establishing exchange and cooperation relations. This marks the beginning of a new phase of cooperation, helping strengthen mutual understanding and trust while making effective use of each side's potential and strengths.

Briefing the delegation on Hai Phong's development, Trung noted that the city and Gunma have many complementary strengths. Hai Phong is a major industrial, seaport and logistics hub in Vietnam, while Gunma has strengths in manufacturing, automobile production, precision engineering and supporting industries. These are also sectors that Hai Phong prioritizes for development, creating favorable conditions for the two sides to expand cooperation.

To effectively implement the MoU, Hai Phong hopes the two localities will focus on promoting cooperation in four key areas: economic exchanges, investment promotion and business networking; training and development of high-quality human resources; digital transformation and innovation; and people-to-people exchanges and delegation visits.

Hai Phong pledges to create favorable conditions for businesses from Gunma to explore the city's investment environment and expand their production and business operations there. The city also hopes its own businesses will have greater opportunities to access Japanese technology, management expertise and partner networks.

Gunma Governor Ichita Yamamoto thanked Hai Phong's leaders for their warm reception and emphasized that the signing of the MoU marks a new beginning, providing a foundation for promoting cooperation and trade between the two localities.

Recognizing Hai Phong's advantages in its industrial park system, seaports and logistics infrastructure, Governor Ichita Yamamoto expressed his desire to strengthen business connections, explore investment opportunities and develop supply chains between the two sides.

During the visit, Japanese businesses surveyed several production facilities, including the VinFast factory, to learn about the investment environment, opportunities to expand production and business operations, and potential participation in supply chains in Hai Phong. Gunma Prefecture affirmed that it would support local businesses in exploring investment opportunities in Vietnam in general and Hai Phong in particular.

Governor Ichita Yamamoto expressed confidence that the two localities would make effective use of the MoU framework, continue to strengthen mutual trust and expand investment and business cooperation, bringing practical benefits to businesses and residents on both sides.

BUI HANH – TRUNG KIEN