Dong Nai province called on Japan to land investments in hi-tech projects, support industry development, energy saving, agricultural and industrial processing at an investment promotion conference.
Dong Nai (VNA) – The southern province of Dong Nai called on Japan to land investments in hi-tech projects, support industry development, energy saving, agricultural and industrial processing at an investment promotion conference held in the locality o𒀰n April 23.
The event drew the participation of nearly 50 Japanese enterprises, led by Isao Iijima- special advisor to Prime Minister Shinzo Abe. The companies, mostly operating in agriculture, transportation, manufacturing, health care, tourism and environment, came to seek investment opportunities in Vietnam in general and Dong Nai province in particular.
Japan is the 4th largest trade partner of Vietnam with two-way trade in 2015 reached 28.5 billion USD, said Minister of Planning and Investment Nguyen Chi Dung, adding that with nearly 3,000 projects worth 38.8 billion USD, Japan is Vietnam’s leading partner.
Dung highlighted that Vietnam pledges to complete and run a comprehensive market economy based on market rules, eliminate institutional barriers while fine-tuning the investment climate with focus on administrative improvements.
Meanwhile, Chairman of the provincial People’s Committee Dinh Quoc Thai stated that of the total 1,586 foreign direct investment projects valued at 28.4 billion USD in the province, Japanese investment accounted for 206 projects with total registered capital of over 3.7 billion USD.
Dong Nai is now calling for investment in agricultural projects in Dong Nai Food Industry Corporation in Xuan Loc district, tourism projects in Thac Mai and Suoi Mo tourism sites as well as Nhon Trach inter-port road and Trang Bom-Xuan Loc road, he added.
Speaking at the conference, Akira Motomiya, General Director of Fujitsu Vietnam Limited Computer Product Company, said that Dong Nai boasts a range of advantages to lure investments, including convenient transport system, available industrial infrastructure, high-quality and abundant workforce and favourable investment climate.-VNA
A meeting to share opportunities and address challenges in business processes was opened in the southern province of Dong Nai on March 10 with the participation of over 300 enterprises.
The southern province of Dong Nai attracted 448 million USD of foreign direct investment (FDI) in the first three months of this year, an increase of 311 percent against the same period last year.
The southern region has received 1.7 billion USD worth of foreign direct investment (FDI) in the first quarter of 2016, according to the Ministry of Planning and Investment’s Foreign Investment Agency
The southern province of Dong Nai has so far this year attracted 33 new foreign direct investment (FDI) projects, with nearly half of them poured into support industries.
The first-ever Japanese cherry blossom festival will take place in the southern province of Dong Nai on April 23-24 with a conference for Japanese investors to be held on the event’s sidelines.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
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.
Illustrative photo (Photo: baodongnai.com.vn)
