Vietnamese and Japanese firms forge connectivity

More than 30 businesses from Vietnam and Japan were brought together at an event in the northern port city of Hai Phong on July 19 to seek stronger investment links.
Vietnamese and Japanese firms forge connectivity ảnh 1At the event (Photo: VNA)

Hai Phong (VNA) –
More than 30businesses from Vietnam and Japan were brought together at an event in thenorthern port city of Hai Phong on July 19 to seek stronger investment links.

The event aimed to help enterprises increaseproduction and management capacity while joining the global value chain.

Vice Chairman of the municipal People’sCommittee Nguyen Van Thanh described Hai Phong as one of the most dynamicregions in Vietnam.

As a traffic hub of aviation, railways,expressways and inland waterways, Hai Phong has big advantages in connectingwith other cities and provinces nationwide as well as internationalintegration, he said.

The northern port city has consistently beenlisted among the top destinations for foreign direct investment in Vietnam,with 553 projects worth over 15.7 billion USD so far, focusing on industry,infrastructure and real estate, trade and services, he cited.

Among 38 countries and territories investing inHai Phong, Japan has the most projects with 137, and ranks second in terms ofinvestment capital (4.6 billion USD) after the Republic of Korea.

Japanese firms mainly invest in industrialproduction, with 101 projects worth 3.63 billion USD, making up 73.7 percent ofJapan’s total projects and 79.08 percent of its total investment.

The Japanese government has helped theVietnamese city develop physical infrastructure such as bridges, roads, HaiPhong port and rainwater drainage systems as well as improve sewage treatmentand solid waste management by providing official development assistance.

More than 500 Japanese experts now live and workin Hai Phong.-VNA


VNA

See more

Chairman of the Ba Ria - Vung Tau Provincial People's Committee Nguyen Van Tho and Glen Hilton, CEO of DP World Asia-Pacific, sign a Memorandum of Understanding. (Photo: VNA)

Discussion underway for Vietnam’s first FTZ in Ba Ria-Vung Tau

The seaport-linked FTZ in the Cai Mep Ha vicinity is expected to boost the maritime economy to capitalise on the strategic location of Ba Ria-Vung Tau, attract foreign investment, and drive growth in the logistics, seaport, and international trade sectors.

The Tan Ky Tan Quy Bridge crosses the Tham Luong Canal, directly connecting to National Route 1. (Photo: VNA)

HCM City plans substantial investment in infrastructure

HCM City will direct funding towards transport, energy, and telecommunications infrastructure, including national highways, regional connectivity roads, Tan Son Nhat International Airport, Can Gio international transhipment port, and the Lotte Eco Smart City.

Delegates mark the launch of the new shipping route on February 18. (Photo: VNA)

New shipping route linking China, Vietnam, India launched

The container shipping route connecting the ports of Beibu Gulf (China), Hai Phong (Vietnam) and Kolkata (India) is destined to become a key strategic trade axis, contributing to the sustainable growth of both the regional and Vietnamese maritime industries.

Ca Mau province Deputy Secretary Nguyen Ho Hai receives a gift from the Singaporean ambassador Jaya Ratnam at a meeting held on February 17 to enhance exports and cooperation. (Photo: tuoitre.vn)

Ca Mau wants more exports to, cooperation with Singapore

The southernmost province of Ca Mau wants to increase agricultural and fishery exports to Singapore and strengthen cooperation in several sectors, Deputy Secretary of its Party Committee, Nguyen Ho Hai has told Singaporean embassy officials.

Permanent Deputy Secretary of the municipal Party Committee Nguyen Thanh Nghi hosts a reception for Japanese Ambassador to Vietnam Ito Naoki on February 17. (Photo: www.sggp.org.vn)

HCM City looks to deepen ties with Japan

The city aims to deepen cooperation with Japan in key areas such as sustainable urban development, emissions reduction, climate change adaptation, innovation, digital transformation, supply chain resilience, supporting industries, healthcare, tourism, culture, workforce development, and people-to-people exchanges.

Workers process shrimp for export. (Photo: VNA)

Shrimp exports grow in the first month of 2025

Shrimp products recorded a strong 13%increase in export value in January 2025, reaching a total of 273.3 million USD. This growth accounted for 35.3% of Vietnam's total seafood export turnover, contributing significantly to the country's overall seafood export performance.

Vietnam imposes VAT on low-value imported goods

Vietnam imposes VAT on low-value imported goods

It is estimated that if low-value goods worth less than 1 million VND are subject to a 10% VAT rate, State budget revenue could increase by around 2.7 trillion VND (105.6 million USD).

Can Gio International Transit Port blueprint. (Photo: sggp.org.vn)

Can Gio port added to national seaport development plan

The Ministry of Transport has approved adjustments to policies, solutions, and resource allocations for the implementation of the national seaport system master plan for 2021-2030, with a vision to 2050. The Can Gio port is now part of the implementation roadmap.