President of Japanese company Toray International Inc. Kenichiro Miki said the company wants to expand operation in Vietnam during a working session with a visiting delegation from Thai Binh province in Tokyo on September 10.

Ngo Dong Hai, Vice Secretary of the Thai Binh Party Committee (R)
presents a souvenir to President of Toray International Inc. Kenichiro Miki 

He revealed that the firm has decided to invest in Thai Binh after conducting careful surveys, adding that Toray International will send a team to Vietnam for further discussion with the province’s leaders soon.

 Ngo Dong Hai, Vice Secretary of the Thai Binh Party Committee welcomed the firm’s decision to invest in the Red River Delta province, pledging optimal conditions for Japanese investors, especially those owning advanced technology like Toray International.

 Hai introduced the Japanese company to the advantages and development plans of Thai Binh, including the construction of the Thai Binh Economic Zone. He expressed his hope that Toray International will invest in the zone.

 Formed in 1986 under the Toray Industries Inc., Toray International Inc. specializes in the trading of products and services in garment and textile, electronics, water treatment, commodity, fishing tools, plastics and industrial material. Toray International Inc. has 10 factories and partners in Vietnam.

 Earlier on September 9, the Thai Binh delegation had a meeting with the Vietnamese Embassy in Japan, during which they reported the outcomes of the visit and efforts of Thai Binh in trade and investment promotion. Hai asked for support from the embassy in the work as well as attracting Japanese investors.