Vietnam pays heed to resolving issues in ties with Japan
The Party and Government of Vietnam pay special attention to addressing issues arising in the partnership with Japan, Deputy Prime Minister Vuong Dinh Hue has said.
At the reception for Japanese Ambassador to Vietnam Umeda Kunio (Photo: baochinhphu.vn)
Nghe An (VNA) – The Party and Government of Vietnam pay specialattention to addressing issues arising in the partnership with Japan, DeputyPrime Minister Vuong Dinh Hue has said.
He made the statement at a reception on April 26 for Japanese Ambassador toVietnam Umeda Kunio when they both attended the “Meeting Japan-North CentralRegion” conference in the central province of Nghe An.
Hue reiterated that Japan is a very important and reliable strategic partner, aleading economic and trade partner, and the largest ODA provider of Vietnam.
As the Vietnamese and Japanese economies bear supplementary characteristics,the two countries’ leaders committed to having a strategy to connect them, hesaid.
The VietnameseGovernment is ready to provide optimal conditions for Japanese businesses,particularly those want to land high-tech investments in the country, he added.
At the event, both sides discussed various issues to further promote theVietnam-Japan extensive strategic partnership.
The Japanese diplomat said that the Vietnamese economy has enjoyed sound growthon the back of the Government’s unceasing efforts.
As the Japanese Government is calling its small and medium-sized enterprises toinvest in Vietnam, Umeda Kunio hoped to receive more attention and support fromthe Vietnamese Government.
He also took the occasion to raise issues needed to be tackled by theVietnamese authority, including the adjustment of the diplomatic note on ODAfunding, slow payment for the Japanese contractors of the Ho Chi Minh Cityurban railway project, and the reduction of income tax for Japanese investorsat economic zones, among others.
Deputy PM Hue said the Vietnamese Government always works to ensure benefits ofcompetent parties based on respect of legal regulations and equality.
He said he wants competent agencies of the two countries to prepare well forthe upcoming visit to Japan and G20 meeting participation by Prime Minister NguyenXuan Phuc.-VNA
Officials of the southern province of Binh Phuoc on January 25 discussed a solar energy plant project with representatives of the Asia Infonet INC of Japan’s AIN Group.
As of June 2018, Japanese businesses invested in nearly 240 projects with total registered capital of over 4.2 billion USD in Dong Nai, ranking third among more than 40 countries and territories pouring investment in the southern locality.
A Japanese-invested plant specialising in manufacturing, processing and assembling plastic, rubber and metal components for machines and equipment was inaugurated in the northern province of Ha Nam on November 23.
The central province of Nghe An is taking measures to enhance its cooperation with Japanese partners, with focus on hi-tech and supporting industries, manufacturing, hi-tech agriculture, and cattle-feed production.
Deputy Prime Minister Vuong Dinh Hue has affirmed that the Vietnamese government and north central localities are ready to offer all possible support to Japanese partners to expand their business operations there.
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.
At the reception for Japanese Ambassador to Vietnam Umeda Kunio
