Japanese prefecture keen to boost industry with Vietnam
Industrial firms from Japan’s Oita prefecture expressed their wish to cooperate with Vietnamese businesses at a seminar to promote Vietnam-Japan trade in HCM City on November 14.
Part of a Japanese company in Vietnam (Photo: VNA)
HCM City (VNA)🏅 – Industrial firms from Japan’s Oita prefecture expressed their wish to cooperate with Vietnamese businesses at a seminar to promote Vietnam-Japan trade in HCM City on November 14.
Chairman of the Oita Chamber of Commerce and Industry Kiyotaka Himeno said Vietnam is a developing country with many potential free trade deals. Especially, it is a member of the dynamic ASEAN region, which is expected to develop strongly in a foreseeable future.
He added that Vietnam boasts an abundant and young workforce but it needs high quality workers. Therefore, Japanese businesses hope to strengthen human resources cooperation.
Le Nguyen Duy Oanh, Deputy Director of the Ho Chi Minh City Centre of Supporting Industries Development (CSID) shared that Japanese firms want to seek suppliers and partners to build factories and transfer technology in the fields of metal production and mechanical engineering.
At the seminar, the two countries’ businesses exchanged information and studied each other’s demands and supply ability.
Japanese firms will pay field trips to some factories in HCM City and study the premises of Hiep Phuoc industrial park.
🤪 Since the start of the year, the CSID has hosted a number of events to connect Vietnamese business with their partners from Shiga and Tokyo, with the aim of boosting domestic supporting industry.-VNA
An event connecting Vietnamese students and Japanese enterprises was organised by Vietnam’s General Consulate in Osaka in coordination with the Office of the Ministry of Economy, Trade and Industry.
The HCM City-based Nha Mo (Dream Home) Corporation has announced it recently signed a comprehensive cooperation contract with The Global Group, a Japanese real estate developer.
A delegation of the Kansai Association of Corporate Executives led by Akihiro Kuroda, Chairman of the Kokuyo Corporation, visited the northern Ha Nam province on November 8.
Japanese enterprises are likely to pour large investments into environmental projects in Vietnam in the near future to fully tap its potentials, said a representative of the JETRO.
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.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Part of a Japanese company in Vietnam (Photo: VNA)
