Business

JETRO explores post-merger investment environment in Vinh Long

In the first eight months of 2025, Vinh Long’s exports to Japan fetched 417.6 million USD, up 12% year-on-year. The province currently hosts 176 foreign-invested projects, including 15 with direct investment from Japan worth 341.58 million USD in total, making Japan rank 4th in terms of investment capital.

Chief Representative of the JETRO Office in Ho Chi Minh City Okabe Mitsutoshi (centre) speaks at the meeting. (Photo: VNA)
Chief Representative of the JETRO Office in Ho Chi Minh City Okabe Mitsutoshi (centre) speaks at the meeting. (Photo: VNA)

Vinh Long (VNA) - The Vinh Long People’s Committee on September 30 held a working session with the Japan External Trade Organisation (JETRO) Office in Ho Chi Minh City, led by its Chief Representative Okabe Mitsutoshi, to discuss the Mekong Delta province’s investment environment after its mergence.

From July 1, 2025, Vinh Long, Ben Tre and Tra Vinh were merged to form the new Vinh Long province.

At the meeting, Lu Quang Ngoi, Chairman of the provincial People’s Committee, stated that in the context of deep international integration, Vinh Long seeks to expand cooperation with the Japanese business community through JETRO, with a focus on key priority sectors such as high-tech agriculture and deep processing, supporting industries and manufacturing, renewable energy and logistics infrastructure, human resources training, tourism, and services.

He affirmed his commitment to accompanying Japanese businesses, providing the most favourable conditions, promptly solving any difficulties, and ensuring a transparent, stable, and business-friendly investment environment.

Okabe Mitsutoshi shared that JETRO plans to implement a project to explore the post-merger investment environment in Vietnam’s southern provinces and cities. The project will focus on key aspects such as characteristics, potential, attractiveness, and business opportunities in these localities, particularly changes in overall policies following the mergers, so as to provide updated information for Japanese enterprises interested in exploring investment opportunities in Vietnam.

At the working session, leaders from provincial departments and agencies shared information related to the province’s potential, strengths, and development orientations for the coming period, including policies and planning, infrastructure and logistics, human resources and education, investment climate and incentives, key economic sectors, foreign direct investment (FDI), business support mechanisms, and industrial zones in Vinh Long following the administrative merger.

In the first eight months of 2025, Vinh Long’s exports to Japan fetched 417.6 million USD, up 12% year-on-year. The province currently hosts 176 foreign-invested projects, including 15 with direct investment from Japan worth 341.58 million USD in total, making Japan rank 4th in terms of investment capital. These Japanese-invested projects mainly focus on machinery and component manufacturing, logistics, and warehousing.

Since 2020, Vinh Long has sent over 18,000 workers to Japan under labour contracts, accounting for 77.2% of the province’s total overseas workforce./.

VNA
#JETRO #Vinh Long #investment environment #Japanese enterprises #Vinh Long’s exports to Japan #Japanese-invested projects Vinh Long Japan
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