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Nidec has carried out investment activities in Vietnam’s southern metropolis of Ho Chi Minh City since 1998 with seven projects worth nearly 800 million USD, contributing to the city’s socio-economic development over the past 20 years. The PM affirmed that the Vietnamese Government and the capital of Hanoi will create the best conditions for foreign investors, including Nidec, to operate effectively in Hoa Lac Hi-tech Park. The PM later met with leaders from the Japan-Vietnam Friendship Association (JVFA)’s chapters in Osaka, Hyogo, Nara prefectures as well as Sakai city. At the meetings, Phuc recognized the chapters’ active contributions to the enhancement of people-to-people and cultural exchanges between the two countries. PM Phuc also visited the Vietnamese Consulate General in Osaka.

