Vietnamese and Japanese enterprises exchange information to seek investment opportunities (Source: VNA)
Minister of Planning and Investment Bui Quang Vinh has called on Japanese businesses to increase their investment in Vietnam during the third seminar between his ministry and the Japan Chamber of Commerce and Industry in Hanoi on October 27.
He pointed out a fact that Japanese investments in Vietnam remain much lower than those in other regional countries such as Thailand, China and Indonesia.
“This situation must be improved as the two countries boast their fine political relations, strategic cooperation, 11-year joint initiative and annual dialogue,” he said, adding that the two sides have agreed on investment strategy and investment climate improvement, presenting a good opportunity for Japanese investors to enter Vietnam.
However, the minister also admitted a number of weaknesses in the business climate of Vietnam, including poor infrastructure, incomplete legal framework, and a lack of skilled workers.
For his part, Yoichi Kobayashi, Chairman of the Japan-Mekong Business Cooperation Committee called for visa exemption to create conditions for Japanese investors to do business in the country.
According to a survey conducted by the Japan External Trade Organisation (JETRO), Vietnam granted investment licences to 517 Japanese investment projects last year, including 342 new ones and 175 for business expansion.
Statistics from the Foreign Investment Agency under the Ministry of Planning and Investment showed that in the first seven months of this year, Japan was the fifth largest FDI investor in Vietnam with 176 new and 82 expanded projects with combined capital of 716 million USD.-VNA
Vietnam is likely to see a new wave of investment from Japan as its investors have shown continued interest in the Southeast Asian market, predicted experts.
Vietnam and Japan have agreed to boost agro-forestry-fisheries product trade during their second high-level dialogue on agricultural development cooperation in Hanoi on August 12.
Japan’s Nippon Vietnam Agreen (NVA) company had a working session on September 4 with leaders of the northern province of Ha Nam to conduct a survey on an organic vegetable project in the locality.
Besides new official development assistance commitments, Vietnam and Japan expect to sign a number of important cooperation deals in agriculture during Party chief Nguyen Phu Trong’s visit to Japan.
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.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Vietnamese and Japanese enterprises exchange information to seek investment opportunities (Source: VNA)
