Yamato Sewing Machine Manufacturing Company from Japan plans to build a factory in Da Nang Hi-Tech Park providing sewing machines, spare parts and accessories as well as automotive equipment in sewing industry.
Three Japanese investors agreed to invest nearly 140 million USD in hi-tech industry and tourism projects in Da Nang. (Photo: VNA)
Da Nang (VNA) - Yamato SewingMachine Manufacturing Company from Japan plans to build a factory in Da NangHi-Tech Park providing sewing machines, spare parts and accessories as well asautomotive equipment in sewing industry.
The city’s Investment Promotion Agency (IPA)confirmed that the firm is the third Japanese investor at the park.
It said Yamato will soon commence constructionof the project on 2.85ha with total investment of 28 million USD.
Yamato has had representative offices in Hanoiand Ho Chi Minh City from 2007.
The 1,010-ha park in Haa Vang district, 20kmwest of the city, attracted six projects valued at 180 million USD from twoJapanese and four domestic investors between 2012-16.
According to the IPA, two Japanese companies –Mikazuki and Katsuura – will start construction of a complex of hotel,entertainment and beach resort on 24.5ha in Lien Chieu district with totalcapital of 110 million USD next year.
Japan is the second largest investor in Da Nangwith 134 projects worth 598 million USD.-VNA
A number of Singaporean firms have expressed their keen interest in investing in high technology in the central city of Da Nang – one of Vietnam’s most vibrant localities.
The first logistics project in the high technology park of the central city of Da Nang has been approved with total registered capital of 316 billion VND (14 million USD).
The central city of Da Nang expects to attract at least 10 investment projects into its hi-tech park by 2020, including at least one major project of a multinational hi-tech company.
Representatives from about 30 French enterprises participated in a seminar introducing investment opportunities in the hi-tech park in the central city of Da Nang held in Paris on September 11.
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.
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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.
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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.
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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.
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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.
Three Japanese investors agreed to invest nearly 140 million USD in hi-tech industry and tourism projects in Da Nang. (Photo: VNA) 
