Processing seafood for exports (Illustrative image. Source: VNA)
Hanoi (VNA) – Japanese food businessesare seeking to increase their presence in Vietnam, according to Dau tu(Investment) newspaper.
Early this year, the Japan Best Foods companypoured more than 14 million USD into processing and preserving meat products atLong Duc industrial park in the southern province of Dong Nai.
The CLK Cold Storage Company Limited – a joint venturebetween Cool Japan Fund, Japan Logistics Systems and Kline Group - alsorecently injected 18 million USD to build a cold storage facility in thesouthern province of Binh Duong.
Naoki Saka, Director General of CLK ColdStorage, said the establishment of a cold supply chain is essential to meetrising demand for food safety.
A delegation of nearly 20 Japanese businesses,including those active in food processing, recently arrived in Ho Chi Minh Cityto explore investment opportunities.
According to Tatsuhiro Shindo, Vice President of the JapanExternal Trade Organisation (JETRO), Japanese companies are interested inVietnam, especially its southern region, including HCM City, Ba Ria – Vung Tauand Dong Nai.
Meanwhile, Takimoto Koji, Chief Representativeof JETRO in HCM City, told Dau tu reporters that Vietnamese products like driedfruits, noodle, processed seafood, beef and wine are popular among Japanesebusinesses.
Many Japanese food companies have enteredVietnam via supermarkets, convenience stores and restaurants.
Apart from trade centres such as AEON which ispresent in HCM City, Hanoi and Binh Duong, the number of FamilyMart andMinishop convenience stores has been increasing.
Statistics showed that there are more than 1,000Japanese restaurants in Vietnam, including 659 in HCM City.
In 2016, Vietnam was one of the five biggestimporters of Japanese farm produce and food. The Southeast Asian country spendsnearly 4 trillion VND per year purchasing seafood products from Japan.-VNA
Prime Minister Nguyen Xuan Phuc has called on Japanese groups and companies to invest in Vietnam, especially in hi-tech and environmentally-friendly projects.
Prime Minister Nguyen Xuan Phuc has called on member groups of the Japan Business Federation (Keidanren) to expand their investment in Vietnam through public-private partnership (PPP) projects, expecting that Japan will lead in executing the PPP form in the country.
Vietnam will push ahead with institutional and legal reforms and increase its transparency in line with international practices to attract Japanese investment in the coming time, said Deputy Minister of Planning and Investment Nguyen The Phuong in a recent interview granted to the Vietnam News Agency.
The Japan International Cooperation Agency (JICA) met with leaders of southern Dong Nai province on July 10 to work on the progress of Japan-funded water supply and drainage projects.
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.
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.
Processing seafood for exports (Illustrative image. Source: VNA)
