Vietnam’s macro economic growth has been relatively stable since the beginning of this year, according to Chief Representative of the Japan International Cooperation Agency (JICA) in Vietnam Konaka Tetsuo. (Illustrative image. Source: VNA)
Hanoi (VNA) – Vietnam is maintainingan outstanding pace of growth in the context of drastic changes in the globalpolitical and economic situation, Chief Representative of the JapanInternational Cooperation Agency (JICA) in Vietnam Konaka Tetsuo said at amid-term press conference in Hanoi on October 17.
He went on to say that Vietnam’s macro economicgrowth has been relatively stable since the beginning of this year.
The enforcement of the Comprehensive andProgressive Agreement for Trans-Pacific Partnership (CPTPP) in early 2019 andthe signing of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-VietnamInvestment Protection Agreement (EVIPA) in June 2019 have created a boost for Vietnam’sintegration into the global economy, he said.
Furthermore, the relations between Vietnam andJapan continued to thrive over the past time thanks to visits and workingsessions between the two countries’ senior officials as well as cooperationprogrammes and projects between localities, non-governmental organisations, anduniversities, he added.
According to the JICA official, JICA has beenadopting new forms of assistance to Vietnam to suit the new situation in thecountry.
While evaluating the official developmentassistance (ODA) projects between Japan and the Vietnamese Government, Konakasaid many new ODA projects on technical collaboration and non-refundable aidpackages carried out by JICA have been signed and implemented smoothly.
He also mentioned the delay in some projectswhich were signed in 2018, and the slow disbursement of capital in underwayprojects, adding that the Vietnamese Government has been working to address thoseproblems by improving relevant legal institutions and creating more favourableconditions for investors businesses to carry out projects.
He called on Vietnam to promote its pioneeringrole in such global issues as climate change, universal health coverage, andsustainable development goals.
JICA will continue implementing cooperationprojects to address issues not only in Vietnam but also at regional andinternational scale, in line with the Japanese Government’s free and openIndo-Pacific strategy and the high-quality infrastructure policy, he added./.
Up to 70 percent of Japanese businesses want to expand investment in Vietnam, especially in agriculture, a recent survey conducted by the Japan External Trade Organisation (JETRO) showed.
The Japan International Cooperation Agency (JICA) will provide technical assistance worth 914,000 USD to a project to improve Vietnam’s capacity for water environment management.
The Government of Vietnam welcomes and will facilitate the cooperation between Vietnamese and Japanese businesses in Mozambique to help with local development, a diplomat has said.
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.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
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.