Hung Yen pledges to create optimal conditions for Japanese investors
Vietnam’s northern province of Hung Yen will create optimal conditions for investors from Japan, Chairman of the provincial People’s Committee Tran Quoc Van has said.
Tochigi (VNA) –✨ Vietnam’s northern province of HungYen will create optimal conditions for investors from Japan, Chairman of the provincial People’s Committee Tran Quoc Van has said.
He made the pledge during a conference on cooperation between localities of Vietnam and Japan held in Japan’s Tochigi Prefecture on November 23. The provincial leader briefed the participants on the province’ssocio-economic growth, advantages in industrial development infrastructure andhuman resources. He highlighted that Hung Yen boasts a favourable location and transport conditionsas it borders Hanoi capital and is close to Noi Bai airport and an expresswaynetwork. With abundant human resources and vocational schools meetinglabour demand, the province hopes to welcome Japanese investment in industrialpark (IP) infrastructure, high-tech IP development and environmentally friendlyindustries. Hung Yen is currently home to more than 500 foreignbusinesses, including 170 Japanese firms, which have poured inexcess of 3 billion USD into the locality, Van said. He added that Japanese investors have built the 350-ha Sumitomo IP in Hung Yen, and the province is facilitating the expansion of the IP by another 200ha./.
Prime Minister Nguyen Xuan Phuc suggested that the northern province of Hung Yen seize opportunities for development during a working session with the local authorities on April 24.
Prime Minister Nguyen Xuan Phuc has approved adding three industrial parks (IPs) with a total area of 567 hectares in the northern province of Hung Yen to the national IP development planning.
Japanese enterprises operating at Hung Yen’s industrial park are pleased with favourable conditions they have received here, with many planning to expand their investment, according to Japanese Ambassador to Vietnam Yamada Takio.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
An industrial park in Hung Yen (Photo: VNA) 
