Hue, Japan’s Nara prefecture cooperate to promote cultural heritage values

As of June 2025, there had been 20 foreign direct investment projects from Japan to Hue with a total registered capital of more than 247 million USD.

Tourists visit Thien Mu pagoda in Hue. (Photo: VNA)
Tourists visit Thien Mu pagoda in Hue. (Photo: VNA)

Hue (VNA) - Chairman of the Hue city People's Committee Nguyen Van Phuong and Governor of Japan’s Nara prefecture Yamashita Makoto on June 4 signed a memorandum of understanding (MoU) to enhance cooperation between the two localities.

The signing took place on the occasion when the Japanese official is attending the 14th East Asia Local and Regional Government Congress held in the central city of Vietnam.

According to the MoU, the two localities will encourage the development of mutually beneficial cooperation on the basis of respecting the characteristics of each locality, exchanging information, implementing cooperation activities in the fields of cultural exchange, tourism, health, cultural heritage preservation, labour - employment, agriculture, trade and investment, among others.

The two sides agreed to continue to coordinate in organising short-term exchange programmes for high school students; send teachers and organising cultural activities of the two localities; cooperate in teaching Japanese language in Hue and introducing Vietnamese culture in Nara.

The two sides will also cooperate to develop a digital learning platform and a Vietnamese-Japanese bilingual digital library; develop shared learning materials including books, videos, and digital lectures on Vietnamese-Japanese history and culture for students and teachers; share experiences in implementing AI, Internet of Things (IoT) in classrooms and in education management.

At the same time, they will strengthen cooperation in organising educational projects on cultural heritage, connecting Hue and Nara - two lands with many cultural heritages recognised by UNESCO.

Over the past time, Hue city has had effective cooperation with many localities in Japan. In terms of trade and investment, as of June 2025, there had been 20 foreign direct investment projects from Japan to Hue with a total registered capital of more than 247 million USD. In particular, the AEON MALL Hue project of AEONMALL Vietnam Co Ltd with a total investment capital of more than 169 million USD started operations in September 2024, marking a highlight in investment from Japanese investors to Hue city./.

VNA

See more

Downtown area in Ho Chi Minh City. (Photo: VNA)

Vietnam's golden gateway: FDI poised for gains in 2026

More than just volume, the quality of FDI entering Vietnam has improved. The nation is evolving from a base for basic assembly and processing into a genuine contributor to hi-tech manufacturing and R&D across global value chains.

Deputy Minister of Finance Do Thanh Trung speaks at the ceremony (Photo: VNA)

Project to advance growth, innovation, leadership for enterprises kicks off

AGILE is not only a testament to the long-standing and trusted strategic partnership between Vietnam and Canada, but also an important contribution to the Vietnamese Government’s efforts to promote innovation and sustainable growth within the private sector, thereby effectively mobilising private investment to realise inclusive and sustainable development goal.

At Regza Vietnam Electronics Co., Ltd. in Dong Nai province. (Photo: VNA)

FDI disbursement in January hits five-year high

Economists said that the continued growth in realised FDI reflects foreign investors’ sustained implementation and expansion of production and business activities in Vietnam. This is seen as an encouraging signal, underscoring investors’ confidence in Vietnam’s business environment and economic prospects.

In Q1 2026, Vietnam records 16 export commodities with turnover exceeding 1 billion USD. (Photo: VNA)

Exports face stiff test in bid to hit 550 billion USD

To achieve export growth of over 15% as directed by the Government, the MoIT said it will prioritise a set of core measures in 2026, including expanding production capacity, developing new export products, increasing domestic content and value added, accelerating the shift from processing to manufacturing, and proactively addressing trade barriers and defence measures.

Illustrative photo (Photo: VNA)

January CPI rises on stronger Tet holiday demand

CPI in January 2026 rose 0.05% month-on-month, with urban areas up 0.02% and rural areas up 0.09%. Of the 11 major commodity and service groups, nine recorded price hikes while two saw declines.

Vietnam is currently Cambodia’s third-largest trading partner worldwide, after China and the US, and its largest trading partner within ASEAN. (Photo: Ministry of Industry and Trade)

Party chief’s Cambodia visit to open up new phase of deeper, closer cooperation

To further unlock the potential of bilateral economic and trade cooperation, Vietnam and Cambodia should continue reviewing and effectively implementing signed agreements, facilitating trade and border connectivity, strengthening trade promotion in complementary sectors, reforming administrative procedures, upgrading border and logistics infrastructure, and enhancing coordination in combating smuggling and trade fraud.

Investors monitor stock market movements at the HoSE trading floor. (Photo: VNA)

VNX, FTSE Russell discuss Vietnam market upgrade

During the working session, the two sides shared updates on the performance of Vietnam’s stock market in 2025, focusing on market capitalisation, index trends, developments in the equities, bond and derivatives segments, and the continued expansion of the investor base.

Vietnamese products continue to gain traction at traditional markets and supermarkets across Ho Chi Minh City (Photo: VNA)

Vietnamese goods dominate Tet market in Ho Chi Minh City

Despite still-muted purchasing power, Vietnamese products continue to gain traction at traditional markets and supermarkets across Ho Chi Minh City, as consumers increasingly prioritise locally made goods, from fresh food and fast-moving consumer items to processed products, for their stable quality, reasonable prices and transparent origins.

Vietnamese Ambassador to Algeria Tran Quoc Khanh talks with an Algerian businessman at the 7th International Chocolate and Coffee Show in Algeria, on February 4. (Photo: VNA)

Vietnam, Algeria promote economic cooperation

Vietnamese Ambassador to Algeria Tran Quoc Khanh has visited Oran Province to follow up on agreements from Prime Minister Pham Minh Chinh's November visit, during which he held meetings with local officials and business representatives.

Visitors at the first Spring Fair 2026. (Photo: VNA)

Ho Chi Minh City showcases economic, cultural potential at Spring Fair 2026

Covering nearly 3,400 square metres, Ho Chi Minh City's exhibition area has brought together almost 80 representative enterprises and key economic organisations, displaying more than 300 products, solutions and services distinctive to the city. The exhibition highlights the city's vitality and potential as a dynamic and innovative economic hub committed to sustainable growth.