HCM City eyes stronger economic ties with Japanese prefecture
Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong said his city wants to enhance cooperation with Japan’s Osaka prefecture, especially in economy, trade and investment, while receiving Chairman of the Osaka Chamber of Commerce and Industry Hiroshi Ozaki on November 22.
Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong (R) presents a gift to Chairman of the Osaka Chamber of Commerce and Industry Hiroshi Ozaki (Photo: VNA)
HCMCity (VNA) – Chairman of the Ho Chi Minh City People’s CommitteeNguyen Thanh Phong said his city wants to enhance cooperation with Japan’sOsaka prefecture, especially in economy, trade and investment, while receivingChairman of the Osaka Chamber of Commerce and Industry Hiroshi Ozaki onNovember 22.
Phong highlighted flourishing Vietnam-Japanrelations in different pheres, noting that recent visits by the two countries’leaders illustrate their determination to bolster ties.
He expressed his belief that bilateral relationswill make great strides in the near future, particularly in 2018 when the twosides will mark 45 years of diplomatic ties.
HCM City pledges to create optimal conditionsfor foreign businesses, including those from Osaka, to invest in priorityfields such as high-tech waste treatment, renewable energy, health care, andpharmaceuticals, he added.
Phong also asked the Osaka Chamber of Commerceand Industry to connect enterprises of Kansai region, where the prefecture islocated, and HCM City, step up locality-to-locality cooperation and implementsigned agreements.
At the meeting, Ozaki said many Osaka companiesare doing business in HCM City and other parts of Vietnam. Their success in HCMCity is partly thanks to local authorities’ support, which has created afavourable investment and business environment.
Noting Osaka firms’ advantages, he said some ofthem have experiences in solving urban issues facing HCM City, including ensuringeconomic growth alongside environmental protection. They are ready to assistthe southern hub of Vietnam to improve its manpower capacity and technology inpollution treatment, renewable energy, health care and pharmaceutical.
He promised that his chamber will hold business networkingand investment promotion programmes to help foster cooperation between Osakaand HCM City, as well as between Japan and Vietnam.-VNA
Vice Chairman of the Ho Chi Minh City People’s Committee Le Thanh Liem had a meeting on November 8 with Masuda Tetsuya, General Director of Japan’s education group Soshi, who said his firm wants to set up an international university in the Vietnamese city.
Prime Minister Nguyen Xuan Phuc and his Japanese counterpart, Shinzo Abe, launched the Vietnam-Japan cultural space in Hoi An ancient town, the central province of Quang Nam, on November 11.
The Hanoi-based Foreign Trade University (FTU) inaugurated an office for international cooperation in Japan on November 14, the first of its kind set up by a Vietnamese university in the country.
Central Thanh Hoa province will put more focus on solving problems for Nghi Son Oil Refinery project to soon put it into use, said Secretary of the provincial Party Committee Trinh Van Chien on November 21.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong (R) presents a gift to Chairman of the Osaka Chamber of Commerce and Industry Hiroshi Ozaki (Photo: VNA) 
