Cooperation possibilities for Japan and Vietnam are limitless, said Japanese Prime Minister Kishida Fumio at a seminar on the two countries’ cooperation in technology renovation, digital transformation and supply chain diversification on May 1.
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.
Vietnam and Japan have agreed to boost their close cooperation with a view to effectively implementing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
About 36.1 percent of Japanese enterprises doing business in Malaysia intend to further expand their operations in the next one to two years, mainly in the food, precision medical equipment and transportation, according to an annual survey by the Japan External Trade Organization.
Japanese enterprises have donated more than 50 million JPY (481,100 USD) for a programme to finance part of tuition fees for Vietnamese students facing difficulties due to the COVID-19 pandemic in Japan, which has selected more than 1,060 beneficiaries.
The southern province of Dong Nai has remained a magnet for FDI, with major groups from the Republic of Korea, Taiwan (China), Japan, Singapore, and China all pouring capital into the locality.
About 280 leaders of Japanese enterprises took part in an online investment promotion conference held on August 26 to introduce the southern province of Binh Duong’s industrial capacity and potential.
Japanese enterprises operating at Hung Yen’s industrial park are pleased with favourable conditions they have received here, with many planning to expand their investment, according to Japanese Ambassador to Vietnam Yamada Takio.
Three Japanese enterprises have teamed up with a Singaporean firm to set up a joint venture to invest in agriculture and food technology startups in Southeast Asia.
Vietnam has been an attractive destination for Japanese investors and experts predicted that more Japanese firms will come to do business in the Southeast Asian country thanks to its economic growth and integration advantages.
Japanese enterprises are competing to attract Vietnamese workers who used to work in the country as interns after the ‘specified skills visa’ policy was launched on April 1, The Yomiuri Shimbun reported in its July 8 issue.
Vietnam has become more attractive to foreign investors than ever before as various freshly-inked new-generation free trade deals, including the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), are expected to facilitate trade and benefit foreign enterprises.
After Vietnam signed a bilateral free trade agreement with the European Union (EU), many Japanese enterprises expressed their optimism about business opportunities that the deal could bring to the Southeast Asian market.
The Japan External Trade Organisation (JETRO) said with a young population, great potential and increasing trade growth, Vietnam is offering big opportunities for Japanese firms to expand their market.
With a young population, great potential and increasing trade growth, Vietnam is offering big opportunities for Japanese firms to expand their market, according to the Japan External Trade Organisation (JETRO).
The central city of Da Nang always appreciates the contributions of Japanese enterprises to its socio-economic achievements in 30 years attracting foreign direct investment (FDI) into Vietnam.
Many colleges and universities are offering courses and college-level programmes in foreign languages, culture and academic subjects for students who plan to work abroad.
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