Japanese investor to build hi-tech R&D hub in Da Nang
Authorities in the central city of Da Nang have approved an investment proposal by Fujikin Incorporated from Japan for an R&D centre at Da Nang High-Tech Park worth a total of 35 million USD.
An artist's impression of the Fujikin Da Nang R&D centre. Fujikin Incorporated from Japan plans to develop the centre with investment of 35 million USD at Da Nang Hi-tech Park (Photo courtesy of Da Nang Hi-tech Park and Industrial Zones Authority)
Da Nang (VNA) - Authorities in the central city of Da Nang have approved an investment proposal byFujikin Incorporated from Japan for an R&D centre at Da Nang High-Tech Parkworth a total of 35 million USD.
The Da Nang Hi-tech Park and Industrial Zones Authority (Da Nang HPIZA) saidFujikin Inc plans to produce air valves using semi-conductor production lines,as well as medical equipment, robots, new energy tech using hydrogen,facilities for the environment and Artificial Intelligence (AI).
It said the project will involve Nobel prize winner Amano Hiroshi (awardedtogether with Isamu Akasaki and Shuji Nakamura for the invention of efficientblue light-emitting diodes).
Fujikin Incorporated has inked a human resources training deal with Da NangCollege for Science and Technology under the Da Nang University to providemanpower for the Fujikin Da Nang R&D Centre.
It will be the first R&D centre of Fujikin in Vietnam as the company haddeveloped one centre and three factories in Osaka and Tsukuba in Japan as wellas plants in the US, the Republic of Korea (RoK) and Ireland.
The company also plans to manufacture new technology, nano-tech and smartcity-related information technology at the Da Nang-based R&D centre.
According to Da Nang HPIZA, a series of investors including aerospacecomponents manufacturer Universal Alloy Corporation (UAC) of the US; TokyoKeiki Precision Technology Inc and Niwa Foundry from Japan; and Dentium companyfrom the RoK have already opened factories at the park.
The 1,100ha ‘green’ hi-tech park has attracted 22 projects worth 400 million USD from FDI and 6.3 trillion VND (274 million USD) from domestic investors.
Da Nang and LG agreed to develop an R&D Centre for car components at thepark./.
An online conference was jointly organised in Hanoi on July 9 by the Ministry of Planning and Investment (MoPI), the Japanese Embassy in Vietnam, the Japan External Trade Organisation (JETRO) and the Japan Bank for International Cooperation (JBIC) to promote Japanese investment flows into Vietnam.
Major Japanese enterprises are looking to buy Vietnamese IT firms through merger and acquisition (M&A) deals to expand production and business in the Southeast Asian country, reported Dau tu (Investment) newspaper.
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.
With significant investment in building transport and industrial infrastructure as well as favourable mechanisms and policies in support of investors, Vinh Phuc is emerging as an attractive destination for Japanese businessmen.
Vietnam is a destination that can bring substantial benefit to Japanese investors, Director of the Vietnam Economic Research Institute (OERI) Moribe Hiroyuki said ahead of an official visit by Japanese Prime Minister Suga Yoshihide.
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.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.