Lam Dong province welcomes JETRO delegation to learn about the investment environment.

0l1a8593(1).jpg — Scenes from the courtesy meeting and working session between the Lam Dong Provincial People's Committee and the JETRO delegation in Ho Chi Minh City.

On the Lam Dong province side, attending and presiding over the reception were Mr. Nguyen Ngoc Phuc, Provincial Party Committee member and Vice Chairman of the Provincial People's Committee; representatives of leaders from relevant departments, agencies, and higher education institutions in the province.

Department and agency leaders attended the courtesy meeting and working session with the JETRO delegation.

The JETRO delegation was led by Mr. Okabe Mitsutoshi, Chief Representative of the JETRO Ho Chi Minh City Office, along with experts and officials in charge of investment, markets, innovation, and agricultural products.

Members of the JETRO delegation in Ho Chi Minh City participated in a working program in Lam Dong.

At the meeting, Vice Chairman of the Lam Dong Provincial People's Committee Nguyen Ngoc Phuc expressed his pleasure in welcoming the JETRO delegation to Lam Dong, affirming that Japan is an important partner of the province with 22 active projects, totaling over 78 million USD, mainly in the fields of high-tech agriculture and agricultural and aquatic product processing. Japan currently accounts for over 23.6% of the province's total export turnover.

Vice Chairman of Lam Dong Provincial People's Committee Nguyen Ngoc Phuc presents a commemorative gift to Mr. Okabe Mitsutoshi, Chief Representative of the JETRO Ho Chi Minh City Office.

In a friendly atmosphere, representatives of the JETRO delegation extended their condolences and shared their deepest sympathy for the damage that Lam Dong province suffered due to heavy rains and landslides in recent times.

The delegation affirmed its confidence in the rapid recovery of the locality and appreciated the efforts of the authorities in ensuring the safety and stability of people's lives.

Mr. Okabe Mitsutoshi, Chief Representative of the JETRO Ho Chi Minh City Office, shared this during a courtesy meeting and working session with the leaders of Lam Dong province.

In response to the delegation's interest, Mr. Nguyen Ngoc Phuc thanked JETRO for their kind sentiments and provided further information about the province's outstanding potential, such as: a high-tech agricultural ecosystem; abundant natural conditions suitable for many valuable crops; its strategic location as a bridge between the South Central Coast and the Central Highlands; and a strong development orientation towards transportation and logistics infrastructure, ecotourism, and a green economy. These are the foundations for Lam Dong to expand deeper cooperation with Japanese businesses.

Representatives from JETRO presented gifts in return to the leaders of Lam Dong province in an atmosphere of friendship and cooperation.

Mr. Okabe Mitsutoshi highly appreciated the development potential of Lam Dong after the merger, especially in high-tech agriculture, logistics infrastructure, processing industry, and tourism. These are all areas that suit the needs of Japanese businesses.

Representatives from both sides exchanged information at a professional working session on the investment environment after the merger.

Immediately following the courtesy meeting, the JETRO delegation held an in-depth working session with provincial departments and agencies to gather information for the investment environment research project in the southern provinces and cities.

Ms. Nitta Kazuyo, Director of Market Research at JETRO, exchanged views and asked questions regarding Lam Dong province's investment attraction policies.

The JETRO delegation raised many in-depth questions related to transportation costs, investment incentives, the need for high-quality human resources, prospects for agricultural cooperation, and the possibility of opening transportation routes to serve exports to Japan.

Mr. Kobayashi Shinryu, Market Research Specialist at JETRO, raised questions about technical issues related to logistics and the investment environment in Lam Dong.

During the meeting, provincial units provided comprehensive information on: post-merger development planning; economic policies; FDI attraction situation; transportation, logistics, and power infrastructure; human resources and Japanese language training; investment environment requirements; potential and challenges of the agriculture and fisheries sectors; a list of industrial zones; and answered many questions of interest to the Japanese delegation.

Mr. Le Binh Minh, Deputy Director of the Department of Finance, presented on the economic growth rate, key projects, and advantages for Lam Dong to become a new growth hub, attracting investment in the coming time.

Mr. Dinh Ngoc Hieu, Deputy Director of the Lam Dong Investment, Trade and Tourism Promotion Center, shared information about the advantages, opportunities, and support policies available to partners investing in the province.

Associate Professor Dr. Nguyen Van Ngoc, Vice Rector of Da Lat University, provided information on the quality of human resources after training and the university's international cooperation projects.

Representatives from the relevant departments and agencies provided clear answers and committed to providing additional thematic data in writing in the near future.

Mr. Tran Thanh Hoai, Deputy Director of the Department of Foreign Affairs of Lam Dong province, affirmed the commitment to promoting connections and working alongside JETRO and Japanese businesses to expand cooperation in the future.

During the meeting, both sides agreed to commit to long-term cooperation, maintain regular information exchange, closely coordinate in resolving difficulties for businesses, and create the most favorable conditions for the effective and substantive implementation of cooperation programs between Lam Dong and the Japanese business community in the future.