In fact, many Japanese enterprises have invested or expanded investment activities in Vietnam, focusing on the fields of food processing, agro-forestry-aquaculture, consumer goods, electronic components, industrial products, construction, transport and environmental protection.

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Not only big firms, small and medium-sized enterprises are also increasing their investments in international markets.

JETRO has provided Japanese firms with advertisement costs and market information, and helped them to connect with Vietnamese investors, thus making it easier for them to operate in Vietnam.

Up to 70 percent of Japanese enterprises operating in Vietnam have committed to expanding their investment, production and business in the country in the coming time. This proved that Vietnam continues to be an important destination for Japanese firms.

JETRO Chief Representative in Ho Chi Minh City Takimoto Koji said the Vietnamese government and Japanese enterprises should pay attention to training high-quality human resources, who can control robots.

Priority should be also given to developing energy and infrastructure, especially transport infrastructure, he said.

Vo Tan Thanh, Director of the Vietnam Chamber of Commerce and Industry’s Branch in HCM City, said Vietnam is accelerating reformd to attract investment, and supporting investors in all fields, especially in handling administrative procedures and reducing taxes.

The Vietnamese government has devised many solutions to improve the country’s investment and business environment in a bird to lure more foreign investors, especially those from Japan, he said.

To cooperate sustainably with Japanese partners, Vietnamese firms need to invest more in science and technology to better the quality of their products and make their production more professional, Thanh suggested.

They should also boost linkages to meet the demand for materials from Japanese businesses, he stressed.

Economic and trade relations between Vietnam and Japan have recorded rapid development in recent years. Japan is now the fourth largest trade partner of Vietnam after China, the US and the Republic of Korea. The two countries strive to lift their trade turnover to 60 billion USD by 2020.

By the end of 2018, Japan topped the list of foreign investors in Vietnam with combined registered capital of 9.5 billion USD. Around 1,800 Japanese enterprises are operating in the Southeast Asian country, some 1,000 of which are in Ho Chi Minh City.

Test Kitchen Vietnam 2019 treats visitors to Japanese cuisine

The Test Kitchen Vietnam 2019, where visitors can taste original Japanese dishes, is ongoing at AEON Mall Long Bien in Hanoi from January 10 to 20.

 

Vietjet offers millions of tickets from zero dong for Japan, int’l flights

Low-cost carrier Vietjet is giving one million super-saving tickets priced only from zero dong on its website www.vietjetair.com from January 9 to 11.

 

Goodwill ambassador for Japanese cherry blossom to be chosen

A goodwill ambassador will be selected for the first time during the Japan cherry blossom festival –Hanoi 2019 slated for March 29-31 in the capital city. 

 

Yokoi Mould company nurtures Vietnam and Japan Friendship

(BGO) - 2018 marked the 10th year Yokoi Mould Vietnam Company Limited (Yokoi Mould) investing in Bac Giang province. Over the past 10 years, Yokoi Mould has not only ceaselessly developed its production and created stable jobs for laborers, the company has also carried out many activities contributing to deepening the friendship between Vietnam and Japan. 

 

HCM City, Japan’s Aichi prefecture boost cooperation

Ho Chi Minh City and Japan’s Aichi prefecture should accelerate cooperation in such potential sectors as engineering industry, electronics, information and technology (IT) and plastic chemistry, said Chairman of the HCM City People’s Committee Nguyen Thanh Phong.

 

Source: VNA