Vietnam-Japan Joint Initiative plays role in raising Vietnam’s FDI attractiveness: meeting
The Vietnam-Japan Joint Initiative (VJJI) has significantly contributed to improving the domestic business environment and raising Vietnam’s competitiveness in foreign direct investment (FDI) attraction, an official from the Vietnamese Ministry of Planning and Investment (MPI) has said.
At the pre-final evaluation meeting for the VJJI Phase VIII (Photo: VNA)
Hanoi (VNA) – The Vietnam-Japan JointInitiative (VJJI) has significantly contributed to improving the domesticbusiness environment and raising Vietnam’s competitiveness in foreign directinvestment (FDI) attraction, an official from the Vietnamese Ministry ofPlanning and Investment (MPI) has said.
Do Nhat Hoang, Director of the MPI’s ForeignInvestment Agency (FIA), said at a pre-final evaluation meeting for the VJJIPhase VIII on March 2 that Vietnamese ministries and agencies have coordinatedwith the Japanese side in implementing commitments in the action plan.
They stand ready to work together with the JapanChamber of Commerce and Industry (JCCI), the Japanese Embassy in Vietnam andrelevant agencies to successfully materialise the joint initiative, laying groundfor discussions on cooperation in the time ahead, he stressed.
The VJJI was launched in April 2003 as a specialcooperation mechanism between the Vietnamese and Japanese Governments.
It serves as a policy dialogue forum betweenJapanese investors and relevant Vietnamese ministries and agencies, whereproposals are made to help competent Vietnamese agencies fine-tune laws andpolicies.
The eighth phase of the initiatives focuses on 11groups of issues. Because the global economy was seriously affected bythe COVID-19 pandemic, especially disruptions in supply chains, Vietnam andJapan agreed to add three new groups of issues.
Over the past 20 years, many legal documents havebeen amended and issued, and various policy recommendations of the Japaneseside put into consideration by Vietnamese ministries and agencies toreport them to competent authorities during law and policy perfection and enforcement.
Japan has set forth a report proposing policies inan effort to promote investments by small- and medium-sized enterprises, the keyplayers in Vietnam’s support industries.
Vietnam has been among the top 20 countriesworldwide in terms of FDI attraction, which sees the remarkable contributionsby Japanese firms through the initiative.
Japan has run nearly 5,000 projects in the SoutheastAsian nation with a total registered capital of about 70 billion USD.
According to the latest survey by the Japan ExternalTrade Organisation (JETRO), up to 60% of Japanese enterprises plans to expandtheir business in Vietnam./.
Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai received Takebe Tsutomu, Special Advisor to the Japan - Vietnam Parliamentary Friendship Alliance, on February 23 to discuss the organisation of the eighth Vietnam - Japan Festival.
The 8th Vietnam-Japan Festival kicked off in Ho Chi Minh City on February 25 under the theme of “Vietnam-Japan stand side by side towards the future, reaching out to the world”.
Politburo member, Secretary of the Communist Party of Vietnam (CPV) Central Committee and Chairwoman of its Organisation Commission Truong Thi Mai on February 27 received Takebe Tsutomu, Special Advisor to the Japan - Vietnam Friendship Parliamentary Alliance, who is on a visit to Vietnam to attend the eighth Vietnam-Japan Festival.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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.
At the pre-final evaluation meeting for the VJJI Phase VIII (Photo: VNA) 
