Vietnam pledges favourable conditions for Japanese bank
Vietnam welcomes and will create optimal conditions for the Japan Bank for International Cooperation (JBIC) and businesses from Japan to operate and take part in key projects on energy, industry, transport and infrastructure, a senior Vietnamese official has said.
Politburo member and head of the Party Central Committee’s Economic Commission Nguyen Van Binh (right) receives Governor of the Japan Bank for International Cooperation Tadashi Maeda in Hanoi on May 17 (Photo: VNA)
Hanoi (VNA) –🔴 Vietnam welcomes and will create optimalconditions for the Japan Bank for International Cooperation (JBIC) andbusinesses from Japan to operate and take part in key projects on energy,industry, transport and infrastructure, a senior Vietnamese official has said.
Politburo member and head of the Party Central Committee’sEconomic Commission Nguyen Van Binh made the statement while receiving JBICGovernor Tadashi Maeda in Hanoi on May 17.
He spoke highly of the fruitful development of the Vietnam-Japanrelationship across spheres, especially economy, trade and investment. He affirmedthe Vietnamese Party and State’s consistent policy of regarding Japan as a leadingand long-term partner.
The official lauded the JBIC’s role in infrastructure, energy andloan supply, helping to promote Japan’s investment in Vietnam.
For his part, Maeda briefed the host on his delegation’s working tripto Vietnam, during which they proposed new cooperation initiatives that aim toencourage energy development, particularly renewable, clean and environmentally-friendlyenergy.
He also talked about thebank’s orientations to increase its loans for Vietnam in the projects with theparticipation of Japanese investors and exporters.
Applauding theseinitiatives, Binh asked the bank to push ahead with negotiations to materialisethem and consider expanding loans for Vietnamese firms or joint ventures of thetwo countries, especially in infrastructure and energy.
The successfulimplementation of these initiatives will help the Vietnam-Japan extensivestrategic partnership develop in a more comprehensive and pragmatic manner, thehost added.-VNA
A survey report by the Japan Bank for International Cooperation (JBIC) has revealed that Vietnam ranks among the top five countries preferred by Japanese firms for overseas business operations.
The Vietnamese Government is ready to create all favourable conditions for businesses from Japan, and the Kyushu region in particular, to do successful business in Vietnam.
Vietnam wants to receive support from the Japan Bank for International Cooperation (JBIC) in the developing power projects, Prime Minister Nguyen Xuan Phuc has said.
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.
Politburo member and head of the Party Central Committee’s Economic Commission Nguyen Van Binh (right) receives Governor of the Japan Bank for International Cooperation Tadashi Maeda in Hanoi on May 17 (Photo: VNA)
