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null MUFG Bank seeks to cooperate and invest in Dong Thap

MUFG Bank seeks to cooperate and invest in Dong Thap

08:07 06/06/2024
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On June 3, in the afternoon, the delegation of MUFG Bank, Ho Chi Minh City branch, led by Mr. Nozaki TaKao, General Director of the Bank, met with Mr. Pham Thien Nghia, the Chairman of the Provincial People's Committee, as well as heads of relevant departments with the goal of enhancing cooperation and investigating investment opportunities in Dong Thap.

Chairman of the Provincial People's Committee, Mr. Pham Thien Nghia, received and worked with the delegation.

According to Mr. Nozaki TaKao, the Ho Chi Minh City branch of MUFG Bank is a division of Mitsubishi UFJ Financial Group (MUFG). With its headquarters located in Tokyo, Japan, and a founding and development history spanning over 360 years, MUFG Group is regarded as one of the top financial groups globally. MUFG Bank opened its first two branches in Vietnam in 1996 and is presently located in both Hanoi and Ho Chi Minh City.

The group was given an overview of Dong Thap's capabilities, advantages, and investment attraction strategies by Mr. Truong Hoa Chau, Director of the Department of Planning and Investment, during the meeting.

Mr. Nozaki TaKao expressed his impression of the province's benefits through information from the province and indicated his desire to find out more about investment policies in the areas of high-tech agriculture, manufacturing machinery, product processing, etc. Members of the Japan Chamber of Commerce and Industry in Ho Chi Minh City (JCCH) have identified these as their areas of strength and investment demand in Vietnam. As a result, Mr. Nozaki TaKao will soon establish connections with Japanese businesses to research and invest in Dong Thap.

Provincial leaders took a photo with the MUFG Bank delegation

Mr. Pham Thien Nghia, the Chairman of the Provincial People's Committee, expressed gratitude to the MUFG Bank delegation from its Ho Chi Minh City branch for visiting and explained that was a great time for the province to connect with Japanese businesses interested in investing in the area.

According to Mr. Pham Thien Nghia, working with Japanese partners has produced a lot of beneficial outcomes over the last ten years. Dong Thap has progressively fulfilled investor demands by completing the traffic infrastructure and focusing on human resources (the province currently employs over 13,000 people in Japanese factories and enterprises, as well as a large number of international students studying in Japan), as well as the availability of land and industrial parks for investors.

In addition, the province formed Japan Desk Dong Thap to carry out investment procedures and operations in Dong Thap Province, to offer prompt assistance to Japanese investors seeking information on investing in the region. As a result, the Chairman hoped that Mr. Nozaki TaKao would soon provide guidelines for the province's banking units regarding bank capital access, all the while establishing links and bringing in Japanese investors to learn about and make investments in Dong Thap.

Viet Tien

Translated by Gia Vi

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Official spokesperson of Dong Thap Provincial People's Committee

Tel: (+84)277.3853949 | Fax: (+84)277.3851615

Email: banbientap@dongthap.gov.vn

Address: No. 12, Road 30 / 4, Ward 1, Cao Lanh City, Dong Thap

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