Ha Nam treasures investment cooperation with Japan
The northern province of Ha Nam attaches importance to investment cooperation with Japan, and considers it one of the important tasks to mobilise resources and boost local socio-economic development, Secretary of the provincial Party Committee Le Thi Thuy told Japanese enterprises on September 25.
An overview of the meeting between Ha Nam leaders and Japanese enterprises (Photo: baohanam.com.vn)
Ha Nam (VNA) – The northern province of Ha Nam attachesimportance to investment cooperation with Japan, and considers it one of theimportant tasks to mobilise resources and boost local socio-economicdevelopment, Secretary of the provincial Party Committee Le Thi Thuy toldJapanese enterprises on September 25.
At present, there are 107 Japanese-invested projects worth1.3 billion USD, accounting for one third of the total number of FDI projectsin Ha Nam, and 25.9% of the total capital.
Operations of FDI enterprises, especially those from Japan, inHa Nam have contributed to boosting economic restructuring, increasing thevalue of industrial production, particularly supporting industries,manufacturing and processing, and creating jobs for labourers. In 2022,Japanese businesses contributed over 3.35 trillion VND (137 million USD) to thelocal budget.
Hiroshi Kuroda, General Director of Sumi Vietnam Wiring SystemsCo., Ltd, thanked Ha Nam leaders for accompanying Japanese enterprises,especially during difficult times caused by the COVID-19 pandemic and poweroutage.
He expressed his hope to continue receiving assistance fromthe province.
Chairman of the provincial People’s Committee Truong QuocHuy said that Ha Nam will continue to invest in transport and industrial park infrastructure and services to serve investors and help them operateeffectively./.
A traditional art exchange programme between Vietnam and Japan was held in the northern province of Ha Nam on May 14 as part of the activities to mark the 50th anniversary of the diplomatic ties between the two countries this year (21/9/1973 - 21/9/2023).
Chairman of the People’s Committee of Ha Nam province Truong Quoc Huy had a working session with a visiting delegation of Japan’s Hyogo prefecture on August 7, affirming that the northern province always views Japan as a leading partner.
A delegation of Singaporean businesses on August 25 came to learn about the investment climate in the northern province of Ha Nam, expressing their intention to invest in the fields of solar energy, environmental protection, and finance - banking here.
Industrial parks in the northern province of Ha Nam have attracted 24 new projects so far this year, including 15 foreign direct investment (FDI) projects worth 176 million USD, according to Head of the Ha Nam Industrial Parks Management Board Tran Van Kien.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
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.