The People’s Committee of the southern industrial province of Dong Nai held a dialogue on August 28 with locally-based Japanese firms with the aim of removing obstacles for the firms’ operation.
Japan is third on the list of top foreign investors in Dong Nai province with over 240 projects worth a combined 4.3 billion USD (Illustrative image. Source: VNA)
Dong Nai (VNA) – The People’s Committee of the southern industrialprovince of Dong Nai held a dialogue on August 28 with locally-based Japanese firms with theaim of removing obstacles for the firms’ operation.
The province is currently home to more than 1,800 foreign-investedprojects with total capital of 32.8 billion USD. Japan is third on the list oftop foreign investors in the province with over 240 projects worth a combined4.3 billion USD. Japanese-invested firms employ more than 63,000 workers
At the dialogue, Japanese businesses talked about problems theyencountered in visa, foreigners’ income tax and corporate tax.
Representatives from local agencies gave detailed explanation andpromptly addressed arising issues when possible.
Chairman of the Japanese business association in Dong Nai KadowakiKeiichi said the provincial authorities have removed many obstacles faced by Japaneseinvestors thanks to the dialogues held so far, thus promoting cooperation fordevelopment between the two nations and among their firms.
Vice Chairman of Dong Nai People’s Committee Tran Van Vinh noted thatthe Japanese business community in Dong Nai has contributed greatly to theprovince’s high and stable economic growth as well as its shift towardssustainable development.
The same day, the Dong Nai People’s Committee organized a B2B event betweenJapanese and local firms.-VNA
The southern province of Dong Nai attracted 902 million USD in foreign direct investment (FDI) in the first six months of the year, accounting for over 90 percent of the yearly plan and up 48 percent from the same time in 2017.
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.
The southern province of Dong Nai has so far this year attracted over 1.14 billion USD in foreign direct investment (FDI), surpassing its yearly target by 14 percent, the province’s industrial zones management board said on August 13.
The pooling of fields to create large-scale fields and cooperatives for growing clean produce in southern Dong Nai province has benefited farmers and companies.
PM Pham Minh Chinh has called on global tech giants to bolster cooperation with Vietnam to assist with the country's efforts to drive a startup and innovation ecosystem.
Prime Minister Pham Minh Chinh had meetings with leaders from multinational corporations on June 25, advancing Vietnam’s infrastructure development as well as food processing sector, on the sideslines of the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF) in Tianjin city.
According to UOB, following the US’s announcement of reciprocal tariffs of 46% on Vietnamese goods on April 2, around 80% of Vietnamese businesses have proactively taken measures to respond to potential impacts.
As one of the most prestigious annual international events in the industry, the expo serves as a prime platform for enterprises to connect, exchange valuable experience, and explore reliable collaboration opportunities with both domestic and international companies.
Organised by the Vietnamese Embassy and Trade Office, Vietnam's national booth showcases catalogues and product samples from over 30 Vietnamese companies, spanning key sectors such as agriculture, seafood, food and beverages, footwear, textiles, furniture, plastics, construction materials, and industrial machinery.
The pangasius industry is one of the country’s key foreign currency earners, with an annual export value of around 2 billion USD, accounting for 20% of Vietnam’s total seafood exports. The US remains one of the largest and most strategic markets for Vietnamese pangasius.
A Government Office notice on the Deputy PM’s conclusions at a recent meeting to review construction progress of the plants stressed that accelerating the development of power sources is essential and urgent to ensure energy security and meet the demands of two-digit socio-economic growth in the coming period.
It featured four discussions on key issues such as the Vietnam- Switzerland comprehensive partnership, Vietnam’s international financial centre, digital transformation and innovation, and global human resources and expansion of markets.
With rising protectionist policies for the steel industry, and the US imposing tariffs on steel exports, the sector has entered a challenging period. In response, many industry giants are returning to the domestic market.
As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
ChatGPT is not yet a threat to the real estate market as it can handle information quickly and effectively, but it’s here to support, not replace, human advisors.
As Vietnam moves forward, ESG, innovation and digital transformation will change the way businesses grow and how they are evaluated. This journey can’t rely on policy alone. It needs strong leadership, the right technology and, most importantly, skilled people who are ready to build a greener, more competitive economy.