The Vietnam - Japan joint initiative in the new era consists of five major groups of issues, with its first phase lasting for 19 months. (Photo: VNA)
Hanoi (VNA) – A meeting was held in Hanoi on March 27 to launch the first phaseof the Vietnam - Japan joint initiative in the new era.
In his remarks, Vietnamese Minister of Planning and Investment NguyenChi Dung said the Vietnam - Japan joint initiative, which began in April 2003, is special cooperation between the two governments.
Via the establishment of a policy dialogue forum between Japaneseinvestors and related Vietnamese ministries and sectors, it has contributed tobuilding a transparent and conductive business climate in the Southeast Asiannation, and offered policy recommendations as reference serving the law andpolicy refinement processes by local agencies.
Japanese Ambassador to Vietnam Yamada Takio said after two decades, the initiativecompleted eight phases, with 84% of the workload finished on time, giving aboost to foreign capital inflows in Vietnam, particularly from Japan.
The Vietnam - Japan joint initiativein the new era consists of five major groups of issues. They involve thepromotion of the Asia Zero Emission Community (AZEC), green transition, innovation,and digital transformation, the strengthening of the supply chain, the trainingof high-quality IT, AI, and semiconductor human resources, and the reform ofmechanisms to improve the business climate.
Participating Vietnamese and Japanese delegates agreed thatthe first phase will last for 19 months, with a mid-term review meeting slated forDecember this year and a summit to assess the entire process in October 2025.
The sides pledged cooperative efforts and activeimplementation of commitments in the action plan to meet the set goals, for mutual prosperity of the Vietnamese and Japanese business communities and theenhancement of the two countries’ relations.
As of February 20, Japanese investors had channeled 74.3billion USD into 5,288 projects in Vietnam. In the first two months of 2024,their registered investment amounted to 422.4 million USD, soaring by 290%year-on-year./.
Minister of Foreign Affairs Bui Thanh Son received Komura Masahiro, member of the House of Representatives and Vice-Minister for Foreign Affairs of Japan, in Hanoi on March 12.
With a thriving seafood processing industry and many high-quality processing plants, Vietnam has been chosen by Japanese enterprises for partnership in processing products for export to various markets such as the US and ASEAN countries. according to the Ministry of Agriculture, Forestry and Fisheries of Japan (MAFF).
Deputy Prime Minister Tran Luu Quang highly valued the valuable support for Vietnam provided by Nippon Foundation, Sasakawa Peace Foundation and their Chairman Yohei Sasakawa since 1980, during a reception in Hanoi on March 19 for the Japanese guest.
The Japanese Embassy in Vietnam in collaboration with the Japan International Cooperation Agency (JICA) held a workshop in Hanoi on March 19, highlighting Vietnam's and Japan’s efforts to promote labour mobility between the two nations.
Deputy Prime Minister Tran Luu Quang received Executive Senior Vice President of the Japan International Cooperation Agency (JICA) Yamada Junichi in Hanoi on March 26.
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&.
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 Vietnam - Japan joint initiative in the new era consists of five major groups of issues, with its first phase lasting for 19 months. (Photo: VNA) 
