Can Tho, Japan seek cooperation opportunities in agriculture

Ho Chi Minh City People’s Committee Deputy Chairman Le Manh Ha on November 28 said that a hot line and electronic mailbox would be set up for Foreign Direct Investment (FDI) businesses, aiming to timely solve their difficulties.... [read more]

To celebrate the 10th anniversary of Japan Business Roundtable Meeting and the 40th founding anniversary of Vietnam - Japan diplomatic relations, the Investment and Trade Promotion Centre of Ho Chi Minh City (ITPC) in collaboration with the Japan Business Association in Ho Chi Minh City (JBAH) will organise the Japan Business Roundtable Meeting 2013 at the Grand Hotel, Ho Chi Minh City on December 20, 2013. The purpose of the conference is to provide a forum for leaders of the governing Ho Chi Minh City People's Committee and Japanese investors in the city to have a look back on foreign investment situations, apply solutions to existing weaknesses and seek measures for future development. Companies interested in this meeting, please contact: Investment Promotion Department, ITPC, 51 Dinh Tien Hoang Street, District 1, Ho Chi Minh City Tel: (08) 3910 1302 - 0903 367 567; Fax: (08) 3910 4374... [read more]

Nhan Dan Online - The Thua Thien - Hue provincial People's Committee and Japanese retailer AEON Corporation held a ceremony yesterday to inaugurate the Binh Thanh Primary School in Binh Thanh commune, Huong Tra district. The two-storey facility, with eight classrooms and other teaching and learning facilities, cost VND3.5 billion to build and was built as part of a co-operation project between the locality and the Japanese corporation to construct 30 elementary schools and expand the acreage of Thua Thien-Hue forests. Counselor of the Japanese Embassy in Vietnam, Yukio Saita, said that the project aims to offer local pupils more opportunities to attend school and also promote the friendship and co-operation between Vietnam and Japan that began when the two sides established diplomatic ties 40 years ago. The VND100 billion (US$4.8 million) programme targets to build 30 two-storey schools in the province, each with eight classrooms, and proper toilets, and also carry out afforestation programmes for 34 hectares of land. For the school construction component, AEON granted US$3 million in non-refundable aid to build 30 primary schools during the 2010-2013 period, with ten facilities being built each year according to designs provided by Japanese embassy in Vietnam.... [read more]

The International Hang-gliding Competition 2012 will be organised along Pham Van Dong Park Beach, Da Nang City from May 23rd to 27th, according to the result of the working session between Da Nang City People's Committee and Japanese partner on February 14th. As planned, athletes will entertain tourists and local people with their performances in the first three days of the event. The real competition will take place later on May 26th and 27th. During the 5-day competition there will be various activities, such as exhibitions of Non Nuoc stones, artistic embroidery painting and local tourist potentialities. Along with boosting Vietnam-Japan exchanges, the competition also aims to lure more tourists to Da Nang City. According to Ms. Than Ngoc Hai Cat, CEO of Cati Company, the organiser, a hang-gliding team is planned to be established in Da Nang and such a competition will be organised annually. "It will initiate a new tourist product," said Ms. Hai Cat. Source: bee.net.vn Translated by Mai Huong... [read more]

The Japanese business community plans to pour more investment into Binh Duong Province, according to speakers at trade and investment conference held in Binh Duong New City yesterday. The conference, organised by the province's People's Committee and Japanese General Consulate in HCM City was attended by representatives from 150 Japanese businesses operating in the province, as well as officials from the province and neighbouring areas. Nguyen Hoang Son, head of the People's Committee, said over the past year the province was one of the country's leaders in attracting foreign direct investment. Despite the impact of economic recession in 2009, the GDP of the province reached 10.3 per cent, double the country's figure, according to Huynh Van Trai, director of the province's Department of Planning and Investment. "Binh Duong's GDP growth rate has always passed 10 per cent. This destination is a top choice of investors," he said. "We would like all participants here to become business partners based on a long-term and sustainable relationship." Nakanishi Hirota, senior advisor for the Japan External Trade Organisation, said that Binh Duong as well as the country must have more trained workers and staff. If the task was not done soon, the country would not be able to compete with regional countries in attracting FDI, he added. The province's average GDP growth rate in recent years has been 15 per cent year-on-year and average industrial production value 25 per cent. For the first three months of the year, Binh Duong Province granted licences to…... [read more]

Japan has invested US$6 billion in Vietnam some and is ranked third after Taiwan and Singapore. The investment has focused on high-technology and has contributed significantly to the economic development in Vietnam. VIB Forum reporter, Mai Thao discussed relations between the two countries with Japanese Consul General Shiozaki Osamu in Ho Chi Minh City. What is the situation with Japanese investment in the Southern part of Vietnam? By December 2004 in HCMC, 197 Japanese investment projects were licensed with a total capital of US$916,597,000, ranking third in projects and fourth in investment capital. In the first half of 2005, there were 13 more projects with investment capital of US$6.5 billion. Besides Ho Chi Minh City, Binh Duong and Dong Nai provinces have attracted most Japanese investment. So as you can see, Japanese investment in Southern provinces is increasing due to the improvement of infrastructure, human resources and investment environment in those localities, especially Binh Duong and Dong Nai provinces. According to you, are Japanese investors satisfied with HCMC's investment environment? How do you evaluate the round table meeting organised annually between HCMC People's Committee and Japanese businesses in Vietnam? Although you have made big progress compared to 10 years ago, it is still slow compared to the region. In the past 10 years, countries such as Thailand and Singapore have advanced far ahead of Vietnam. To compete in the globalized economy, you must change stronger and faster. I do not understand why you should continue the discrimination between local and…... [read more]

Despite the development gap, Vietnam, a country that has just entered the middle-income group, shares a number of common interests with Japan - the world third largest economy with a per capita income of over US$33,000. Possessing advanced technology and high level of management capacity as well as strong processing, manufacturing, construction and energy industries, Japan is serving as a supporter for Vietnam during its industrialisation and modernisation. Meanwhile, Vietnam, with its abundant human and natural resources, is also an important strategic partner of Japan. According to Hitoshi Ogita, Vice Chairman of the Japan Business Federation, the 90-million-strong Vietnamese market is not only a promising place for Japanese firms but also a gateway to the over 600-million-strong growing ASEAN market with total GDP of US$2 trillion. Vietnam is considered a strategic destination for Japanese businesses in their development strategy towards the ASEAN Community by the end of this year. Head of the Party Central Committee’s Economic Commission Vuong Dinh Hue said the two economies can support each other without competition and their connections should start from strategy design and socio-economic development planning. At the same time, Minister of Transport Dinh La Thang said the economic links between the two countries are visible in transport relationships, such as affiliation in aviation, maritime transport, smart transportation as well as urban traffic management. Vietnam’s transport infrastructure projects, including the North-South expressway and Long Thanh international airport, have drawn Japanese firms, he held. In agriculture, Vietnam and Japan will expand cooperation in improving the…... [read more]

Stronger links in economic development strategies, production capacity and human resources are key pillars in future economic ties between Vietnam and Japan, stated the joint vision issued during the recent visit to Japan by Party General Nguyen Phu Trong. Despite the development gap, Vietnam, a country that has just entered the middle-income group, shares a number of common interests with Japan - the world third largest economy with a per capita income of over 33,000 USD. Party General Secreatry Nguyen Phu Trong (second from right) meets with Speaker of Japan’s House of Representatives Tadamori Oshima (second from left). Possessing advanced technology and high level of management capacity as well as strong processing, manufacturing, construction and energy industries, Japan is serving as a supporter for Vietnam during its industrialisation and modernisation. Meanwhile, Vietnam, with its abundant human and natural resources, is also an important strategic partner of Japan. According to Hitoshi Ogita, Vice Chairman of the Japan Business Federation, the 90-million-strong Vietnamese market is not only a promising place for Japanese firms but also a gateway to the over 600-million-strong growing ASEAN market with total GDP of 2 trillion USD. Vietnam is considered a strategic destination for Japanese businesses in their development strategy towards the ASEAN Community by the end of this year. Head of the Party Central Committee’s Economic Commission Vuong Dinh Hue said the two economies can support each other without competition and their connections should start from strategy design and socio-economic development planning. At the same time, Minister…... [read more]

Japanese delegation met with representatives from Vinafco Joint Stock Corporation. — Photo vinafco Japanese companies are focused on the Vietnamese market and seek wider, deeper co-operation with Vietnamese firms, Eiichi Tani from SME Support Japan said in Ha Noi on Monday. Speaking at a meeting between a delegation of the Japanese Ministry of Economy, Trade and Industry (METI) and Vinafco Joint Stock Corporation - a logistics service provider, Tani said Japanese businesses have now shifted their attention from the Chinese to the Vietnamese market. The meeting was a part of the SME Support Japan’s support programme for small- and medium-sized Japanese enterprises looking at international markets. “The event was to help both sides exchange information on Viet Nam’s transport market in general, and both countries’ transport situation in particular,” Tani said. “It also touched upon necessary customs procedures to bring Japanese goods into Viet Nam.” Tokuhiro Imamura, chairman of Imamura Joint Stock Company, which specialises in interiors, said his company is looking to expand its market. It plans to build a plant in Viet Nam in the future, Imamura said, adding that the company would export some products to Viet Nam to explore and understand the market. Imamura JSC has some basic information from Japanese logistics firms operating in Viet Nam, but it wants to build further contacts with Vietnamese businesses as local firms have advantages in their own market. At the meeting, a Vinafco representative shared information related to…... [read more]

They attended a trade exchange programme jointly held by the Vietnam Chamber of Commerce and Industry (VCCI)’s HCM City branch and Hiroshima Shinkin Bank of Japan. Most Japanese delegates demonstrated a keen interest in the areas of manufacturing, steel pipe, electronics, sanitation equipment, construction materials, frozen food, and farm produce. An official from West Japan Aitec announced his firm wants to cooperate with Vietnamese partners in the solar energy industry. Many Japanese businesses described Vietnam as an attractive investment destination, and expressed their satisfaction at fruitful trade ties between the two countries. In the first two months of 2014, the two-way trade turnover was estimated at US$4 billion, up 15.1% from last year’s same period, including US$2.2 billion from Vietnamese exports.... [read more]




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