Vietnamplus

Vietnam is a destination that can bring substantial benefit to Japanese investors, Director of the Vietnam Economic Research Institute (OERI) Moribe Hiroyuki said ahead of an official visit by Japanese Prime Minister Suga Yoshihide. ​

The southern province of Binh Duong, which is a major destination for foreign investment in Vietnam, has been focusing on developing industrial parks.

Free trade agreements (FTAs) that Vietnam has signed with its partners have been an important factor attracting foreign investments to the country.

Major Japanese enterprises are looking to buy Vietnamese IT firms through merger and acquisition (M&A) deals to expand production and business in the Southeast Asian country, reported Dau tu (Investment) newspaper.

Japanese enterprises are expanding investment in sectors that are seen to have growth potential in Vietnam, according to experts.

Fifteen more Japanese businesses want to open plants in Vietnam, Chief Representative of the Hanoi Office of the Japan External Trade Organization (JETRO) Takeo Nakajima told a press conference on July 23.

An online conference was jointly organised in Hanoi on July 9 by the Ministry of Planning and Investment (MoPI), the Japanese Embassy in Vietnam, the Japan External Trade Organisation (JETRO) and the Japan Bank for International Cooperation (JBIC) to promote Japanese investment flows into Vietnam.

Numerous suggestions for strengthening the competitiveness of industrial parks and developing model industrial parks in the southern province of Ba Ria-Vung Tau were discussed at a seminar held in the province on June 25.

The Vietnam Chamber of Commerce and Industry (VCCI) and the SME Support Japan organisation introduced J-GoodTech, a Japanese online business matching platform, to Vietnamese enterprises on June 19.

Japan is about to make a decision to ease the entry ban on Vietnam in the first relaxation of travel restrictions that were imposed due to the spread of the new coronavirus.

Vietnam is a strong candidate among the alternative investment destinations as Japanese enterprises are moving away from China due to the COVID-19 pandemic, according to Hirai Shinji, Chief Representative of the Japan Trade Promotion Organisation (JETRO) in Ho Chi Minh City

Production and revenue of Japanese enterprises in Vietnam are expected to fall at 70 percent in the second quarter of 2020, the results of the latest survey showed.

Foreign investors still pay great attention to Vietnam albeit the complicated developments of the acute respiratory disease caused by Covid-19 which started to hit the world earlier this year.

Foreign investors still pay great attention to Vietnam albeit the complicated developments of the acute respiratory disease caused by SARS-CoV-2 which started to hit the world earlier this year.

Services and retail are forecast to attract a large amount of Japanese direct investment into Vietnam this year.

The EU-Vietnam Free Trade Agreement (EVFTA) will create opportunities for Japanese companies to continue expanding operations in Vietnam and boost exports to the EU, according to chief representative of the Japan External Trade Organisation (JETRO) in Hanoi Takeo Nakajima.

A delegation of the Japan-Vietnam Friendship Association of Miyagi prefecture learned investment climate in northern Ha Nam province at a working session with representatives of the provincial People’s Committee on February 18.

About 64 percent of Japanese enterprises plan to continue expansion of their business in Vietnam due to its favourable investment environment.

Can Tho has a lot of advantages for foreign businesses to invest in the Mekong Delta city, Chairman of the municipal People’s Committee Le Quang Manh said while meeting with Motoyuki Nakamura, director general of Tri Viet company, on January 30.

A Japanese business delegation led by Sakai Hironori, President of the Japan-Vietnam Friendship Association in Hyogo prefecture, had a working session with leaders of the Binh Phuoc People’s Committee