Vietnamplus

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.

A programme to promote connections for technology supply and demand between Vietnamese and Japanese businesses was held virtually on July 20.

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.

A virtual job fair was held on March 27 with a view to connecting Vietnamese job seekers in Japan with local employers.

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.

More than half of Japanese businesses in Vietnam and India have plans to expand their in-country operations, Kyodo News cited a recent survey.

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

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

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.

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 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

Ho Chi Minh city will create favourable conditions for Japanese firm to make long-term investment and business in the southern economic hub, on the basis of the special relations between the two countries, a municipal official affirmed on December 6.

The Japan External Trade Organization (JETRO) opened the Japan-Vietnam Agricultural Business Meeting 2019 in Hanoi on December 5.

With the objective of “devoting to society” by quality goods and people-centred administration spirit, Keieijuku Vietnam has trained 400 business leaders in the country over the past decade.

The Vietnamese Embassy in Japan held a table tennis tournament for the Vietnamese community in Japan on November 3, with the support of Japanese businesses that employ Vietnamese trainees.

Japanese investors are pouring more capital into the southern province of Binh Duong to tap into local potential in electronic component manufacturing, automobile assembly and production, and supporting industries.