Japan’s Oji Group on October 2 inaugurated a packaging paper factory at the Dong Van III industrial park in Duy Tien district, the northern province of Ha Nam.
Ojitex Ha Nam is inaugurated on October 2. (Photo: VNA)
Ha Nam (VNA) – Japan’s Oji Group on October 2 inaugurated apackaging paper factory at the Dong Van III industrial park in Duy Tiendistrict, the northern province of Ha Nam.
Covering more than 60,000 sq.m, Ojitex Ha Nam, which is the fifth plant of theJapanese group in Vietnam, was built at a total cost of 35 million USD.
Speaking at the inauguration ceremony, Japanese Ambassador to Vietnam KunioUmeda, said Oji Group has operated in Vietnam for 20 years. Its opening of fivefactories in Vietnam has demonstrated the group’s strength as well as thefavourable business environment in the host country.
Japan is running 90 projects in Ha Nam, he said, adding that Japanese firms havehighly appreciated the local investment environment and more businesses plan tooperate in the province in the time ahead.
The ambassador called on Ha Nam to further facilitate the operation ofJapanese firms in the locality.
According to Nguyen Noi, deputy head of the Foreign Investment Department underthe Ministry of Planning and Investment, Japan ranks second among 132 countriesand territories investing in Vietnam.
Ha Nam and other Vietnamese localities wish to welcome Japanese investors, hesaid, pledging to help Oji Group implement its projects in Vietnam and Ha Namin particular./.
Japan is one of the four largest importers of Vietnam, only behind China, the Republic of Korea and the US, according to the latest report by the Industry Agency under the Ministry of Industry and Trade.
The Japan External Trade Organisation (JETRO) organised a programme in Hanoi on September 13 to connect agro-aquatic and food product businesses of Vietnam and Japan.
The northern province of Hung Yen will spare no efforts to turn it into the optimal investment destination for Japanese investors, Chairman of the provincial People’s Committee Nguyen Van Phong said on September 27.
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.
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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.
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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.
Ojitex Ha Nam is inaugurated on October 2.
