Japanese company hopes to build gas storage in Ha Nam province
Japan’s Tokyo Gas Chemicals Co., Ltd is considering the building of an industrial gas storage facility at Dong Van 3 Industrial Park in Duy Tien district of northern Ha Nam province.
Ha Nam (VNA) – Japan’s Tokyo Gas Chemicals Co., Ltd is considering the building of an industrial gas storage facility at🐭 Dong Van 3 Industrial Park in Duy Tien district 💖of northern Ha Nam province.
Chief Representative of Tokyo Gas in Hanoi Yusuke Hirase told local authorities at a working session on March 1 that his company wants to expand investment in Southeast Asia.
He said the company chose Ha Nam for its good investment attraction policies, especially for Japanese businesses, and also for the province’s convenient location in trade with Hanoi and neighbouring localities.
Secretary of the provincial Party Committee Mai Tien Dung pledged to create the optimal conditions for the Japanese company to carry out the project, from transport, electricity and water supply to labour recruitment and social order and security.
He said 175 foreign businesses are running investments in the province, including 61 from Japan.
Tokyo Gas Chemicals Co., Ltd is the biggest supplier of liquefied petroleum gas in Japan with over 11 million customers.-VNA
Thanks to its favourable investment climate, northern Ha Nam province has drawn a huge amount of foreign capital, according to the Vietnam Investment Review.
Japan-Mekong Business Cooperation Committee delegation head Yoshio Arakawa spoke highly of the investment climate in northern Ha Nam province during a meeting with the provincial People’s Committee.
Japanese enterprises to Ha Nam province will enjoy investment incentives and receive the best assistance in infrastructure, security order, and labour recruitment.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative image (Source: Reuters/VNA)
