The Thai government's spokesman Anucha Burapachaisri said on February 1 that the Ministry of Industry has signed a memorandum of understanding (MoU) with Japan’s Ishikawa prefecture to forge links between local enterprises.
The northern province of Vinh Phuc commits to accompanying and creating favourable conditions in accordance with Vietnamese law for Japanese businesses, investors and partners to implement cooperation and investment activities in the locality.
The proportion of Japanese enterprises that intend to expand their investment in Vietnam in the next one to two years is 60%, up 4.7 points from the previous year and the highest among Southeast Asian countries.
Ho Chi Minh City is an attractive investment destination for Japanese businesses thanks to its both development potential and mechanism to accompany and support investors, heard a seminar held by the Investment & Trade Promotion Centre of HCM City (ITPC) and the Japanese Business Association of Ho Chi Minh City (JCCH) on November 30.
Japan’s Electric Power Development Co (J-Power) has inked a memorandum of understanding (MoU) with Vietnam Forestry Corporation (Vinafor) to jointly explore opportunities for biomass business in the Southeast Asian country.
Secretary of the Da Nang Party Committee Nguyen Van Quang had a meeting with Japanese Ambassador to Vietnam Yamada Takio on June 24 to discuss ways for fostering the central city’s relations with Japanese localities and attracting more Japanese investment.
Secretary of the Binh Duong Party Committee Nguyen Van Loi met with Japanese Ambassador to Vietnam Yamada Takio on March 17, pledging continued support for Japanese investors to reap more successes in the southern province.
The Mekong Delta province of Long An has shown interest in strengthening cooperation with businesses in Ibaraki to bring more local labourers to work in the Japanese prefecture.
The proportion of Japanese enterprises operating in Vietnam forecast to be profitable in business activities last year is 54.3 percent, up 4.7 points compared to 2020.
Twenty-one Vietnamese enterprises in supporting industries and 48 Japanese businesses took part in an online conference on June 10, where they exchanged information and sought partners.
Deputy Chairman of the People’s Committee of Can Tho Nguyen Van Hong on March 29 discussed with Chief Representative of the Japan International Cooperation Agency (JICA) Shimizu Akira measures to boost cooperation and investment from Japanese businesses to the city in particular and the Mekong Delta in general.
Many Japanese businesses investing in Vietnam have been seeking cooperation in joint-surveys, research and human resources exchange with local universities as a crucial step to expand in Vietnam beyond Ho Chi Minh City and Hanoi.
Despite a raft of difficulties plaguing 2020, nearly 47 percent of Japanese businesses investing in Vietnam said they will expand operations in the next one or two years, the Japan External Trade Organisation (JETRO) said on February 8.
Japanese business leaders welcomed the signing of the Regional Comprehensive Economic Partnership (RCEP) agreement signed by Japan and 14 other partners on November 15, expecting a boost in trade and investment in the region and strengthening of supply chains.
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.
World
