After more than 20 years investing in China with success, Japanese businesses are now looking for opportunities in the Vietnamese market, said Amano Shinya, Director of the JETRO in Guangzhou, China.
Ho Chi Minh City (VNA) – After more than 20 years investing in China with success, Japanese businesses are now looking for opport🎀unities in the Vietnamese market, said Amano Shinya, Director of the Japan External Trade Organisation (JETRO) in Guangzhou, China.
He made the statement during a meeting with Vice Chairman of Ho Chi Minh People’s Committee Le Thanh Liem on October 7.
Amano Shinya is leading a Japanese business delegation on a market study trip to Ho Chi Minh City.
Liem stated HCM City, as the largest southern economic hub, welcomes foreign investors, including those from Japan, adding that the municipal authorities have facilitated the operation of Japanese enterprises in the city for many years.
Answering his guests’ questions about policies on labour and investment attraction, he stressed the salary and labour policy for locals working for foreign companies is in line with regulations of the Vietnamese law.
The city has implement a range of measures to improve administrative procedure in licensing investment projects and to boost competitiveness of the local economy, he said.-VNA
Deputy Managing Director of the JETRO Office in Ho Chi Minh City Fukagawa Atsuko held a working session with authorities of Tay Ninh province on July 18 to explore local investment environment.
Thirty Japanese firms involved in seafood and food industries will gather at two business matching conferences, in the capital on August 30 and in HCM City on September 1.
The central city of Da Nang’s Investment Promotion Centre has inked an IT investment agreement between the Self Wing Vietnam Company and the Saitama Business New Forum from Japan.
A study on how to develop the supporting industry in Vietnam suggested cooperation with Japan in the field, heard a seminar held in Hanoi on September 16.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
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.
Part of Ho Chi Minh City (Photo: VNA)
