Vietnam’s CMC Corporation, one of the leading information and communications technology (ICT) groups in Vietnam, opened its subsidiary in Yokohama city of Kanagawa prefecture on November 7.
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Deputy Minister of Information and Communication Nguyen Minh Hong attends the inauguration ceremony of CMC Japan (Source: CMC)
This move
is a result of the "select Kanagawa
100” initiative, which aims at inviting 100
foreign enterprises to invest in Kanagawa prefecture.
Speaking
at the inauguration ceremony, Yuji Kuroiwa, Governor of Kanagawa, said that
the prefecture organised investment promotion seminars in Hanoi in January
and July in order to call for investments from Vietnamese businesses.
The
prefecture worked with the Japan External Trade Organisation (JETRO) to
assist the CMC Corporation in opening its subsidiary in Japan.
A
representative from the CMC Corporation said that CMC Japan is located in
Yokohama of Kanagawa prefecture as the locality has a lot of preferential
policies supporting newly-established companies like CMC Japan.
The
company will work to provide high-quality software engineers as well as
comprehensive IT services for consumers in Japan, the representative
confirmed.-
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Source:
NDO
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
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