The two sides will also speed up the establishment of a business environment that can facilitate the investment of Japan's Kansai enterprises in the support industry in HCM City.— VNA/VNS Photo

HCM CITY (Biz Hub) — HCM City People's Committee and Kansai region's Economy, Trade and Industry Department on Monday signed a framework agreement on cooperation, under which they will enhance connections in support industry.

The two sides will also speed up the establishment of a business environment that can facilitate the investment of Japan's Kansai enterprises in the support industry in HCM City.

The city has assigned its management board of industrial and export processing zones to set up a division in charge of connecting ties with Kansai and providing consultations for its enterprises.

At a meeting with the Japanese guests earlier, Chairman of the Municipal People's Committee Le Hoang Quan announced that Viet Nam in general and HCM City in particular commits to creating all favourable conditions for foreign investors, considering them part of the country's economy.

Toshinori Kobayashi, head of the Kansai department, and the region's businesses, especially those operating in the support industry, are paying much attention to boosting investment in HCM City and its surrounding areas. — VNS