Ample room for Vietnam, Japan to boost cooperation in digital economy: Forum
Vietnamese and Japanese experts exchanged views on solutions to foster cooperation in digital economy between the two countries at a forum in Hanoi on December 5.
Hanoi (VNA) – Vietnamese and Japanese expertsexchanged views on solutions to foster cooperation in digital economy between thetwo countries at a forum in Hanoi on December 5.
The “Vietnam-Japan Policy Research Forum: Digitaleconomy partnership under Indo-Pacific Economic Framework for Prosperity: How shouldJapan and Vietnam cooperate?” was held by the Central Institute for EconomicManagement (CIEM) in coordination the Graduate School of Public Policy underthe University of Tokyo, with the support of the Toshiba InternationalFoundation.
Speaking at the event, Nguyen Anh Duong, Director ofthe CIEM’s Department for General Economic Issues and Integration Studies,highlighted Vietnam’s efforts in boosting digital economy and cooperation inthis field.
Illustrative image (Source: VNA)
Kazuo Kusakabe, Chief Representative of HanoiRepresentative Office of Toshiba Asia Pacific Pte Ltd, pointed to substantialpotential for the two countries to strengthen their collaboration in digitaleconomy.
Vietnam and Japan issued a joint statement on theelevation of their relations to a comprehensive strategic partnership for peaceand prosperity in Asia and the world last month, which also mentioned enhancingcooperation in digital economy, he stressed.
Participants said Vietnam should work to raiseits capacity for digital economy in combination with its partnerships in thisregard. They also discussed changes in the Vietnam-Japan relations, andinternational trends and developments that affect economic cooperation in theIndo-Pacific./.
Vietnam will remain the region’s fastest growing digital economy between 2023-2025, according to the 8th edition of the e-Conomy SEA Report published on November 7 by Google, Temasek and Bain & Company.
Vietnam’s e-commerce and digital economy are expected to grow further in the time ahead, thus giving a boost to the country's economic development, heard a summit in Hanoi on November 21.
Vietnam’s e-commerce is expected to reach 20.5 billion USD this year, affirming its important role in the national digital economy, heard a conference held by the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT) in Hanoi on December 1.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
A view of the forum. (Photo: qdnd.vn) 
Illustrative image (Source: VNA) 
