Provincial Governor Receives Balcom Group Delegation to Drive High-Yield Investment Cooperation

On the afternoon of June 5, Mr. Tran Duy Dong—Alternate Member of the Central Party Committee, Deputy Secretary of the Provincial Party Committee, and Governor of the Provincial People’s Committee—received and held an executive working session with Mr. Yamasaka Tetsuro, Chairman of Balcom Group and Vice Chairman of the Vietnam–Japan Experts Association, to orchestrate future strategic investment cooperation.

The Provincial Governor delivers a strategic briefing on the regional socio-economic climate and FDI incentives.

Balcom Group stands as an elite, tier-one conglomerate in Western Japan, dominating premium automotive distribution, mobility solutions, international trade, supply chain logistics, food production, hospitality networks, and lifestyle services. Backed by over 50 years of robust market development and a highly diversified multi-sector network, Balcom operates as a high-potential partner for cross-border investment, trade facilitation, high-tech agriculture, and sustainable development framework agreements.

The Governor presents a cultural souvenir token to the Chairman of Balcom Group.

Through this strategic working visit, Balcom Group expressed its sharp interest in establishing institutional investment linkages with Phu Tho. The corporate giant aims to catalyze high-quality capital inflows, accelerate advanced technology transfers, and upscale the value chain of local agricultural products to meet global quality standards.

During the session, the Provincial Governor delivered an executive summary of the province’s recent socio-economic performance and investment attraction milestones, highlighting Phu Tho’s current priority sectors for foreign direct investment (FDI). Through this high-level working visit, the Governor envisioned Balcom Group as a powerful institutional bridge, requesting its leadership to actively connect the broader Japanese corporate community to initiate trade missions and explore investment matching in the province’s designated priority fields.

Provincial delegates and the Balcom Group executive delegation capture a commemorative group photograph.

To structurally concrete the collaborative outcomes, Governor Tran Duy Dong issued immediate executive mandates to line agencies. Accordingly, the Investment Promotion and Enterprise Support Center, alongside the Provincial Industrial Zones Authority, are designated as the official primary contact points to facilitate all ongoing investment promotion workflows with the group. Concurrently, Hung Vuong University and the Department of Agriculture and Rural Development are directed to work in close coordination with Hiroshima University to rapidly deploy cooperative frameworks. These initiatives will center on cultivating high-quality human capital, advancing industrial biotechnology, and co-developing Phu Tho’s signature premium rice cultivars in the near future.

Le Hoang