Tokyo (VNA) – A forum discussing Vietnam’s business environmentwas held in Japan’s prefecture of Kanagawa on September 9.
In his opening speech, Governor of Kanagawa prefecture KuroiwaYuji expressed his delight at welcoming representatives from Vietnameselocalities and local Japanese firms to the event to learn about Vietnam’sbusiness potential, thus further promoting investment in Vietnam in fields ofKanagawa’s strengths.
Vietnamese Minister Counsellor in Japan Nguyen Duc Minh, for his part, saidthe Vietnamese Government always attaches importance to attracting investmentfrom Japanese small- and medium-sized enterprises in fields of Vietnam’sinterest such as supporting industry and hi-quality agriculture.
Meanwhile, the Japanese Government also actively supportsJapanese investments in Vietnam, considering the country an attractive market withadvantages such as political stability, vibrant economy and young population.
Vu Nhat Ha, head of the investment unit at the VietnameseEmbassy in Japan, said as of June 2022, Japan invested in 4,873 projectsworth nearly 65 billion USD in Vietnam. In the first half of this year, therewere 82 new projects and 64 others with additional capital worth about 1billion USD from Japan, most of them were by those from Kanagawa.
Leaders of Long An and Ha Nam provinces, Hoi An city alsointroduced their strengths and incentives to Japanese investors.
𒉰 At the event, Vietnamese localities and Japanese enterprisesalso showcased their strengths, demand and incentives at stalls./.
Since a government resolution on improving the business investment environment was introduced in 2014, Vietnam has seen positive outcomes from hundreds of business procedures being eased and simplified. However, with the enormous impact of COVID-19, the business community is in need of an even more favourable business environment to help it minimise costs and recover.
European business stakeholders' confidence in Vietnam's investment environment declined slightly in the second quarter of this year, according to the Business Climate Index (BCI) released by the European Chamber of Commerce in Vietnam (EuroCham).
Up to 85% of firms have an optimistic outlook for the business environment in Q4, whereas 15% are pessimistic about the future, according to a survey conducted by the General Statistics Office (GSO).
The National Assembly of Vietnam is ready to continue to improve the legal system and policies, creating the best conditions for all economic sectors and investors, including those from the Republic of Korea (RoK), to expand their investment and do business in the country, National Assembly chairman Vuong Dinh Hue said on August 2.
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.
Illustrative image (Photo: VNA) 
