Vietnamese and Japanese enterprises exchange information to seek investment opportunities (Source: VNA)
Minister of Planning and Investment Bui Quang Vinh has called on Japanese businesses to increase their investment in Vietnam during the third seminar between his ministry and the Japan Chamber of Commerce and Industry in Hanoi on October 27.
He pointed out a fact that Japanese investments in Vietnam remain much lower than those in other regional countries such as Thailand, China and Indonesia.
“This situation must be improved as the two countries boast their fine political relations, strategic cooperation, 11-year joint initiative and annual dialogue,” he said, adding that the two sides have agreed on investment strategy and investment climate improvement, presenting a good opportunity for Japanese investors to enter Vietnam.
However, the minister also admitted a number of weaknesses in the business climate of Vietnam, including poor infrastructure, incomplete legal framework, and a lack of skilled workers.
For his part, Yoichi Kobayashi, Chairman of the Japan-Mekong Business Cooperation Committee called for visa exemption to create conditions for Japanese investors to do business in the country.
According to a survey conducted by the Japan External Trade Organisation (JETRO), Vietnam granted investment licences to 517 Japanese investment projects last year, including 342 new ones and 175 for business expansion.
Statistics from the Foreign Investment Agency under the Ministry of Planning and Investment showed that in the first seven months of this year, Japan was the fifth largest FDI investor in Vietnam with 176 new and 82 expanded projects with combined capital of 716 million USD.-VNA
Vietnam is likely to see a new wave of investment from Japan as its investors have shown continued interest in the Southeast Asian market, predicted experts.
Vietnam and Japan have agreed to boost agro-forestry-fisheries product trade during their second high-level dialogue on agricultural development cooperation in Hanoi on August 12.
Japan’s Nippon Vietnam Agreen (NVA) company had a working session on September 4 with leaders of the northern province of Ha Nam to conduct a survey on an organic vegetable project in the locality.
Besides new official development assistance commitments, Vietnam and Japan expect to sign a number of important cooperation deals in agriculture during Party chief Nguyen Phu Trong’s visit to Japan.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
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.
Vietnamese and Japanese enterprises exchange information to seek investment opportunities (Source: VNA)
