More than 30 businesses from Vietnam and Japan were brought together at an event in the northern port city of Hai Phong on July 19 to seek stronger investment links.
Hai Phong (VNA) – More than 30businesses from Vietnam and Japan were brought together at an event in thenorthern port city of Hai Phong on July 19 to seek stronger investment links.
The event aimed to help enterprises increaseproduction and management capacity while joining the global value chain.
Vice Chairman of the municipal People’sCommittee Nguyen Van Thanh described Hai Phong as one of the most dynamicregions in Vietnam.
As a traffic hub of aviation, railways,expressways and inland waterways, Hai Phong has big advantages in connectingwith other cities and provinces nationwide as well as internationalintegration, he said.
The northern port city has consistently beenlisted among the top destinations for foreign direct investment in Vietnam,with 553 projects worth over 15.7 billion USD so far, focusing on industry,infrastructure and real estate, trade and services, he cited.
Among 38 countries and territories investing inHai Phong, Japan has the most projects with 137, and ranks second in terms ofinvestment capital (4.6 billion USD) after the Republic of Korea.
Japanese firms mainly invest in industrialproduction, with 101 projects worth 3.63 billion USD, making up 73.7 percent ofJapan’s total projects and 79.08 percent of its total investment.
The Japanese government has helped theVietnamese city develop physical infrastructure such as bridges, roads, HaiPhong port and rainwater drainage systems as well as improve sewage treatmentand solid waste management by providing official development assistance.
More than 500 Japanese experts now live and workin Hai Phong.-VNA
The fine relationship between the House of Councillors of the National Diet of Japan and the Vietnamese National Assembly (NA) has helped develop the bilateral ties between the two nations, said Nguyen Van Giau, Chairman of the NA’s Committee for External Affairs.
Chairman of the National Assembly’s Committee for External Affairs Nguyen Van Giau visited Tokyo on June 19 and 20 to tighten cooperation with the Japanese legislature on a range of issues, including economic ties and the ratification of the CPTPP.
Minister of Industry and Trade Tran Tuan Anh has proposed building a cooperation programme between the Vietnamese and Japanese Governments to effectively enforce the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
The 6th Vietnam-Japan defence policy dialogue took place in Tokyo on July 4 under the chair of Vietnamese Deputy Defence Minister Sen. Lt. Gen. Nguyen Chi Vinh and Japanese Deputy Defence Minister Ro Manabe.
Exchanges of female members between the Communist Party of Vietnam (CPV) and the Liberal Democratic Party (LDP) of Japan will create a new channel of cooperation for the Vietnam-Japan strategic partnership, said Truong Thi Mai, Head of the CPV Central Committee’s Commission on Mass Mobilisation, on July 11.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
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 event (Photo: VNA) 
