Bac Giang sets up Japan desk to assist Japanese investors
The northern province of Bac Giang has set up a Japan Desk to support Japanese investors in their operation in the locality, heard an investment promotion conference held on September 9.
The northern province of Bac Giang has set up a Japan Desk to support Japanese investors in their operation in the locality, heard an investment promotion conference held in the province on September 9.
According to director of the provincial Department of Planning and Investment Trinh Huu Thang, Japanese businesses are running 20 projects with total registered capital of 150.7 million USD in Bac Giang, ranking third among foreign investors in the province.
Japanese investments in Bac Giang are mainly in processing technology, manufacturing and services and trade, with rapid capital disbursement. Among the projects, 18 have become operational and the remaining two are in the process of building workshops.
Dang Xuan Quang, deputy head of the Foreign Investment Agency under Ministry of Planning and Investment spoke highly of Japanese enterprises’ contributions to the socio-economic development in Vietnam in general and in Bac Giang in particular, stressing that Vietnam is calling for additional Japanese investment in infrastructure, support industry and agriculture and rural development.
Toma Massaki, Second Secretary in charge of investment, trade and industry at the Japanese Embassy in Hanoi, said that in order to attract new investors, provincial authorities need to improve investment climate through ensuring electricity and water supply, building transport facilities and simplifying administrative procedures.
Bac Giang is calling for investment in industry, trade-service, tourism and agriculture, especially projects in applying high-tech in animal breeding, meat processing, vegetable and medicinal plant cultivation, among others.
The province is currently home to 199 foreign direct investment projects worth nearly 2.4 billion USD.
To date, 105 countries and territories have landed their investment in Vietnam, with nearly 19,000 projects valued at 165 billion USD. Japan becomes the second largest investor in the country with total registered capital of 37 billion USD.-VNA
The northeast province of Bac Giang will undertake a number of measures in the second half of this year to lure investment to local industrial zones, said Head of the Bac Giang Management Board of Industrial Zones Nguyen Anh Quyen.
Opportunities for cooperation in preserving, processing and exporting farm produce were discussed at a meeting held in the northern province of Bac Giang on June 25 between the Provincial People’s Committee and a delegation of representatives from ten different embassies.
Japan’s Nippon Vietnam Agreen (NVA) company had a working session on September 4 with leaders of the northern province of Ha Nam to conduct a survey on an organic vegetable project in the locality.
Chairman of the central city of Da Nang’s People’s Committee Huynh Ngoc Tho held a dialogue with Japanese companies on September 9 to address any arising problems.
A delegation of enterprises from Japan’s Gifu prefecture visited and studied the investment environment of the northern province of Ha Nam on September 9.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Illustrative image (Photo: VNA)
