Business

Japanese IT investors eye on Da Nang

The central city of Da Nang’s Investment Promotion Centre has inked an IT investment agreement between the Self Wing Vietnam Company and the Saitama Business New Forum from Japan.
Japanese IT investors eye on Da Nang ảnh 1A corner of Hoa Cam Industrial Zone in Da Nang ​city (Photo: VNA)

Da Nang (VNA) – The central city of Da Nang’s Investment Promotion Centre has inked an Information Technology (IT) investment agreement between the Self Wing Vietnam Company and the Saitama Business New Forum from Japan.

The agreement, which was signed at a conference on IT and Communication Investment and Cooperation between Japan and Da Nang on September 8, is the first instance of Japanese IT investment in Da Nang and the beginning of an effort to lure investment flow from Japan to the central city and central Vietnam.

Over 160 representatives from Japan Trade Promotion Agency, Tokyo Business Association and Japanese Business Association - as well as 37 Japanese investors - paid a field trip to explore cooperation and investment opportunity at the city’s Industrial Parks and its Information Technology Park.

According to latest report from city’s administration, Da Nang has drawn 423 foreign direct investment projects worth 3.7 billion USD. Of that number, 55 IT projects have raised over 12 million USD in capital.

Tokyo Keiki Inc. and Niwa Foundry were the first two investors in the 1,010-ha Hi-Tech Park, with a total investment of 62 million USD.

Right now, Japanese investors bring the city a total of 500 million USD, creating 40,000 jobs for the city and neighbouring provinces.

The city’s Investment Promotion Centre also debuted its Japanese Desk Da Nang team, which will be available every Wednesday to support Japanese investors by explaining administrative procedure, investment licences and priority policies, or helping with any other adjustments.

Da Nang and Japan will start construction of the first Vietnam-Japan Culture Exchange Park this October, and it will reserve a 134ha industrial park for medium and small-size businesses from Japan.

A direct flight between Narita and Da Nang was opened in 2014, and a new Da Nang-Osaka flight is expected to open this October.

A recent survey of Shoko Chukin Bank from Japan showed that 40.7 percent of 3,750 respondents from various Japanese businesses in Japan said they would invest in Vietnam.

According to the Japan External Trade Organisation (JETRO), 66 percent of the 458 Japanese firms based in Vietnam planned to expand their business during the next one or two years.

The city planned to build an industrial park spread over 134ha for medium and small-size businesses from Japan.-VNA

VNA
#information technology #Self Wing Vietnam #Saitama Business New Forum #Japanese investors Da Nang Japan
Follow VietnamPlus

Related News

Singaporean firms keen on Da Nang market

Singaporean firms keen on Da Nang market

A number of Singaporean firms have expressed their keen interest in investing in high technology in the central city of Da Nang – one of Vietnam’s most vibrant localities.
Da Nang invites investment

Da Nang invites investment

The central city promises to create smooth conditions and top priorities for Singapore’s investors in the fields of high-tech, information technology, renewable energy and high quality education.
Da Nang asked to use ODA effectively

Da Nang asked to use ODA effectively

Deputy Prime Minister and Foreign Minister Pham Binh Binh has urged the central city of Da Nang to use ODA sources effectively as those with low interest rates will end next year.
Da Nang city wants to turn SMEs into growth engine

Da Nang city wants to turn SMEs into growth engine

A workshop was opened in Da Nang city on August 2 to learn about foreign experience in developing small and medium-sized enterprises (SMEs) and to seek to turn them into a growth momentum of the city.

See more

A Vinh Long official introduces signature local products to Korean guests. (Photo: VNA)

Vinh Long courts Korean investment in key sectors

Vice Chairman of the provincial People’s Committee Nguyen Truc Son vowed to accompany investors and provide them with optimal conditions, while building a transparent and stable business environment to secure long-term engagement from foreign enterprises, particularly those from Daejeon.

Delegates at the launching ceremony (Photo: VNA)

Digital platform on overseas market development launched

With Vietnam’s network of 64 trade offices overseas, Deputy PM Son noted that connecting them through a modern digital platform could help establish a unified national trade information system that operates efficiently, transparently and with strong forecasting capacity.

The Government’s issuance of Decree No. 72/2026/ND-CP revising preferential import tariffs on several petrol products and raw materials is a timely move to diversify supply sources. (Photo: VNA)

Fuel import tariff cuts strengthen Vietnam’s energy resilience: experts

Economic expert Dinh Trong Thinh said revising fuel import tariffs helps diversify supply sources and reduce reliance on traditional markets, thereby strengthening Vietnam’s ability to cope with potential global supply shocks. Ensuring access to multiple energy sources is also vital for safeguarding national energy security, he added.

Leaders of Dak Lak province inspect IUU fishing prevention and control efforts at Phu Lac fishing port, Hoa Hiep ward. (Photo: daklak.gov.vn)

Dak Lak readies for EC mission on anti-IUU fishing efforts

Dak Lak province is completing preparations for an upcoming European Commission (EC) inspection on efforts to combat illegal, unreported and unregulated (IUU) fishing, with a view to having the fisheries “yellow card” removed.

Vietnamese Ambassador to Argentina Ngo Minh Nguyet speaks at the event. (Photo: VNA)

Vietnam, Argentina promote trade, investment cooperation

On relations with South America, Nguyet noted that in December 2025, Vietnam and the Southern Common Market (MERCOSUR) announced the launch of negotiations for a Preferential Trade Agreement (PTA). She expressed her hope that the agreement will be signed soon, thereby further boosting trade and investment between Vietnam and MERCOSUR member states, including Argentina.

Customers buy petrol at a Petrolimex petrol station in Tran Hung Dao ward, Hung Yen province. (Photo: VNA)

PM orders stronger measures to ensure stable petrol supply

The MoIT was instructed to direct key petrol producers and traders to proactively develop supply plans to guarantee adequate fuel provision for distribution systems, maintain regular sale operations, and sell products at listed prices. It must also closely monitor developments in global and domestic petrol markets and adopt appropriate management measures when necessary.

Farmers in Ca Mau province use combine harvesters to harvest rice. (Photo: VNA)

PM orders coordinated measures to stabilise rice production and markets

The Minister of Agriculture and Environment is tasked with instructing local authorities to closely monitor production developments, improve forecasting capacity, strengthen pest control measures, and proactively respond to adverse weather conditions to protect crops, maintain planned yields and output, and reduce production costs.

A worker refuels a vehicle at a petrol station in Hung Yen province. (Photo: VNA)

Fuel prices slashed as stabilisation fund used

According to a joint decision by the Ministry of Industry and Trade and the Ministry of Finance, the price of RON95-III petrol – the most widely used grade – fell by 3,880 VND to 25,240 VND (0.95 USD) per litre.

Customers purchase petrol at Station No. 03 (Petrolimex Hung Yen) on Quang Trung Street, Tran Hung Dao ward, Hung Yen province. (Photo: VNA)

Hung Yen takes measures to curb speculation, stabilise fuel market

Petrolimex Hung Yen maintains regular reserves of about 5,500 cubic metres at directly managed outlets and roughly 2,000 cubic metres at franchised stations. The provincial Department of Industry and Trade has ordered closer monitoring of supply and demand and retail prices to detect shortages or unjustified price hikes.

The automobile assembly line of the Honda Phuc Yen factory in Phu Tho province (Photo: VNA)

Honda Vietnam sees decline in motorcycle, car sales

Sales of both motorcycles and automobiles by Honda Vietnam declined in February, dropping 19.6% and 41.8% year-on-year, respectively, according to the company’s latest business results released on March 11.

Team 2 of the Hanoi Market Surveillance Sub-department inspects operations of a Petrolimex petrol station on Tran Quang Khai street (Photo: VNA)

Hanoi maintains stable supply of petrol, LPG

The Hanoi Market Surveillance Sub-department said petrol and LPG trading activities across the city remain stable, with supply largely meeting demand despite volatility in global energy prices.

A Qatar Airways aircraft is seen at Noi Bai International Airport in Hanoi. (Photo: VNA)

Qatar Airways cancels 13 more flights amid Middle East conflicts

Statistics show that airspace across the Middle East has yet to return to normal operations, with multiple FIRs still imposing restrictions or partial closures. As a result, international flight operations through the region continue to face disruptions and route adjustments.