Japanese businesses are keen to share experience, transfer technology and invest in the construction of metro line 3A and a trade centre at the central station of metro line No1 in Ho Chi Minh City.
Japanese State Minister for Foreign Affairs Nobuo Kishi
HCM City (VNA) – Japanese businesses are keen to share experience, transfer technology and invest in the construction of metro line 3A and a trade centre at the central station of metro line No1 in Ho Chi Minh City.
Japanese State Minister for Foreign Affairs Nobuo Kishi made the remark at a meeting with Deputy Standing Secretary of the municipal Party’s Committee Tat Thanh Cang in the city on November 19.
He said the Japanese government, localities and businesses hope to push ahead with cooperation with Vietnam and Ho Chi Minh City in particular in all fields, adding that the rapid increase in the number of Japanese investors in the city over the past time demonstrates the Japanese side’s wish for bilateral stronger cooperation.
According to Kishi, Japan’s official development assistance (ODA) projects, including transport infrastructure ones, are being carried out on progress and with quality in HCM City.
Cang proposed that Japan continue supporting the city to implement projects using Japanese ODA, especially the Ben Thanh metro station and the metro line 3A connecting the city with southern Binh Duong and Dong Nai provinces.
He expressed his wish for stronger collaboration with Japan in various fields from health, culture, and education to trade, investment and hi-tech agriculture.
The official urged Japan to speed up the implementation of the Cho Ray hospital project, organise a Vietnamese cultural week in Japan, and support human resources training at electronic chip production factories.
Local authorities are willing to create the best conditions for Japanese firms to invest in development projects in the city, and pledged to closely work with enterprise to ensure the efficiency of ODA-funded projects, he said.-VNA
Industrial firms from Japan’s Oita prefecture expressed their wish to cooperate with Vietnamese businesses at a seminar to promote Vietnam-Japan trade in HCM City on November 14.
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.
Japanese State Minister for Foreign Affairs Nobuo Kishi
