Vietnamplus

An investment promotion conference was held in Tokyo on June 2 to call for Japanese investment in localities of Vietnam.

Prime Minister Pham Minh Chinh thanked Japanese businesses for their sharing, accompanying and determination to run a long-term investment in Vietnam, especially in the context of the current difficulties and challenges, while attending a Vietnam-Japan business forum held in Hiroshima on May 21.

Deputy Prime Minister Tran Hong Ha pledged maximum support for Marubeni Corporation to shift its projects using new and modern technology to Vietnam, while receiving a leader of the Japanese firm in Hanoi on March 10.

The northern province of Hoa Binh held a conference on March 2 to foster cooperation with the Vietnam Business Association in Japan (VJBA).

Japanese enterprises are interested in and looking for investment opportunities in the Mekong Delta region, especially in Vinh Long province, according to deputy chief representative of the Japan External Trade Organization (JETRO) in HCM City Ida Koji.

Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai received Takebe Tsutomu, Special Advisor to the Japan - Vietnam Parliamentary Friendship Alliance, on February 23 to discuss the organisation of the eighth Vietnam - Japan Festival.

Politburo member, Secretary of the Party Committee of Ho Chi Minh City Nguyen Van Nen on January 11 received former Prime Minister of Japan Suga Yoshihide who is on a working visit to the southern largest city.

Most Japanese enterprises are operating successfully in Binh Duong province, contributing to the local development, Nguyen Van Loi, Secretary of the provincial Party Committee, has said.

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.

Various Japanese enterprises are planning to expand their investment in Vietnam, where business insiders of Japan assess as the second most attractive investment destination after the US, according to Chief Representative of the Japan External Trade Organisation (JETRO) Najakima Takeo in Hanoi.

More than 60 Japanese and Vietnamese enterprises based in the northern port city of Hai Phong and neighbouring localities attended a technology networking event hosted by Hai Phong’s Department of Science and Technology on September 13.

The People’s Committee of the Mekong Delta province of Long An on August 23 held an investment promotion conference and a dialogue with Japanese enterprises.

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.

A conference themed “Meet Japan 2020” was held in Hanoi on November 25 by the Ministry of Foreign Affairs and the Japanese Embassy in Vietnam.

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.