Japanese enterprises operate effectively in Binh Duong province: official
Most Japanese enterprises are operating successfully in Binh Duong province, contributing to the local development, Nguyen Van Loi, Secretary of the provincial Party Committee, has said.
Nguyen Van Loi, Secretary of Binh Duong province's Party Committee (left) and Sasaki Hajime, Vice Chairman of the Policy Committee of the Japanese Diet. (Photo: VNA)
Binh Duong (VNA) – Most Japanese enterprises are operating successfully in Binh Duong province, contributing to the local development, Nguyen Van Loi, Secretary of the provincial Party Committee, has said.
Cooperation between Japanese firms and Binh Duong province have been effective over the years, Loi said at a working session with a Japanese delegation led by Sasaki Hajime, Vice Chairman of the Policy Committee of the Japanese Diet, on December 27.
In addition to economic activities, cultural and sports exchanges have been enhanced, Loi said, referring to an upcoming Japanese concert which is expected to take place on the occasion of the Tet (Lunar New Year) holiday.
He said that Binh Duong has seen a strong recovery after the COVID-19 pandemic. Now, all production activities of enterprises and people's lives are back to normal.
This year, the province attracted about 3 billion USD in domestic investment and over 3 billion USD in foreign direct investment.
Loi told the guest that in the coming years, Binh Duong will focus on developing infrastructure, especially on transport projects that connect the province with other regions.
For his part, Sasaki Hajime said he appreciated the province's support for Japanese businesses that are investing and doing business in the locality, including Tokyu Corporation and other corporations.
He said that he will direct corporations to pour capital into infrastructure development cooperation, especially in transportation projects such as industrial and urban railways.
He also said he will support Binh Duong to access capital sources, including official development assistance (ODA) for urban infrastructure development and domestic wastewater treatment, which have been effectively carried out
꧟ Up to now, Binh Duong has attracted approximately 40 billion USD with 4,082 projects from 65 nations and territories, of which Japan ranked second with a total of nearly 6 billion USD./.
The southern province of Binh Duong is leveraging its industrial parks to lure foreign direct investment (FDI) and develop trades and services, building a diverse economic ecosystem that facilitates the formation of a green and smart economy.
Prime Minister Pham Minh Chinh on December 3 inspected major infrastructure projects in the southern province of Binh Duong before his working session with provincial leaders on the locality's socio-economic development in 2022 and tasks for 2023.
The southern province of Binh Duong has so far this year attracted over 3 billion USD in foreign direct investment (FDI), taking the lead in the Southeast region, according to Nguyen Tam Duong, chief of the Office of the provincial People’s Committee.
Nguyen Van Danh, Vice Chairman of the Binh Duong Provincial People's Committee, a magnet for foreign investment in the South, hosted a reception on December 22 for a delegation from Japan’s Toyama prefecture led by Governor Nitta Hachiro.
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&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Nguyen Van Loi, Secretary of Binh Duong province's Party Committee (left) and Sasaki Hajime, Vice Chairman of the Policy Committee of the Japanese Diet. (Photo: VNA) 
