Prime Minister Pham Minh Chinh has called on the Japan Chamber of Commerce and Industry (JCCI) and its Japan–Mekong Economic Committee to step up coordination with ministries and relevant agencies of both countries to boost investment and enhance its quality, particularly through stronger technology transfer and support for Vietnamese firms to improve competitiveness and participate more deeply in Japanese global value chains.

Prime Minister Pham Minh Chinh at a meeting with a delegation of leaders from 37 member companies of the the Japan Chamber of Commerce and Industry.

Hosting a delegation of leaders from 37 JCCI member companies led by Keita Ishii, Chairman of the Japan–Mekong Economic Committee and Chairman and CEO of Itochu Corporation, on February 9, the PM said the Vietnam–Japan Comprehensive Strategic Partnership for peace and prosperity in Asia and the world continues to grow robustly.

Japan remains one of Vietnam’s top investors, with 5,722 valid projects worth 78.9 billion USD as of January 31, 2026. Two-way trade in 2025 exceeded 51.43 billion USD for the first time, while Japan is also Vietnam’s largest labour cooperation partner.

He praised the role of JCCI and the Japan–Mekong Economic Committee in promoting bilateral ties and acting as a bridge for Japanese enterprises to expand investment in Vietnam.

Vietnam, he said, is building a facilitating government, improving state governance efficiency, refining economic institutions and further enhancing the business environment, while coordinating closely with Japanese organisations to support stable, long-term operations, job creation and more substantive, high-quality investment cooperation for mutual prosperity.

Keita Ishii and representatives of Japanese firms commended Vietnam’s reform efforts, particularly institutional improvements, administrative simplification, workforce development and upgrades in infrastructure and logistics that enable companies, including Japanese investors, to operate effectively.

They expressed interest in exploring new projects and expanding operations in Vietnam, and hoped to recruit more high-quality Vietnamese workers.

Congratulating Japan on successfully holding recent elections, PM Chinh noted Vietnam has also successfully convened its 14th National Party Congress, outlining long-term development visions.

Vietnam is accelerating growth and targets double-digit expansion in 2026–2030, aiming to become an upper-middle-income developing country by 2030 and a high-income developed nation by 2045.

He highlighted major socio-economic orientations, foreign policy and defence policy, stressing that Vietnam will pursue rapid yet sustainable development while advancing three strategic breakthroughs - institutions, infrastructure and human resources - toward more open regulations, seamless connectivity and smart governance and workforce.

Priority investment sectors include science, technology, innovation and digital transformation; semiconductors and electronics; the digital economy; green and clean energy; research and development; and high-tech agriculture.

Regarding Japan’s labour demand, the PM said high-quality human resource development is a strategic breakthrough for Vietnam, serving both domestic development and international cooperation.

Vietnam will continue improving workers’ skills, knowledge, language ability and discipline, and stands ready to cooperate and share human resources with Japan.

The Vietnamese Government will continue building a stable, transparent and predictable investment climate, considering investor confidence a strategic asset.

The PM called on Japanese partners to further expand cooperation with Vietnam, helping deepen the Comprehensive Strategic Partnership for the development and well-being of both nations.

Japanese media amazed at reaching the “Roof of Indochina” without climbing

The three-wire cable car route to the summit of Fansipan – the highest peak in Vietnam and Indochina – makes a strong impression thanks to its vertical elevation difference of more than 1,400 metres between the departure and arrival stations, a record once recognised by Guinness World Records.

 

Vietnam – Japan trade surpasses 50 billion USD for first time

Total trade between Vietnam and Japan surged by 11.28% year-on-year to 51.43 billion USD last year.

 

Vietnam, Japan eye stronger labour cooperation

By the end of June this year, Japan had received about 200,000 Vietnamese technical interns and 150,000 specified skilled workers, making Vietnam the largest sending country. Many workers returning from Japan have effectively applied the knowledge and skills they acquired there.

 

Vietnam-Japan Comprehensive Strategic Partnership witnesses extensive progress

Two-way trade reached 42.5 billion USD in the first ten months of 2025, up 11% year on year, and is on track to surpass 50 billion USD for the first time. Investment from Japan rose 18% in the same period.

 

Japan’s Mitsui commits to long-term cooperation, investment in Vietnam

PM Pham Minh Chinh called on Mitsui, with its long-term vision, to continue advancing its cooperation with Vietnamese partners, accelerate progress on the Block B project, and expand operations, and improve collaboration efficiency in the energy sector.

 

Vietnam–Japan relations built on sincerity, affection, trust and mutual benefit: PM

Prime Minister Pham Minh Chinh called on Japanese prefectures and enterprises to continue trusting and supporting Vietnam on its development journey, contributing to the prosperity of both nations and their Comprehensive Strategic Partnership.