Japanese locality looks to foster ties with Vietnam
Oita prefecture of Japan wishes to boost multifaceted cooperation with Vietnam, Governor of the prefecture Hirose Katsusada told Vietnamese Ambassador to Japan Nguyen Quoc Cuong.
A street in Oita city - the centre of Oita prefecture (Source: Internet)
Tokyo (VNA) - Oita prefecture of Japan wishes to boost multifaceted cooperation with V♔ietnam, Governor of the prefecture Hirose Katsusada told Vietnamese Ambassadꦫor to Japan Nguyen Quoc Cuong.
Meeting with Ambassador Cuong during his working visit to Oita on July 2-4, Hirose Katsusada highlighted huge potential for the two sides to enhance links, affirming that the local authorities are willing to create favourable conditions for their enterprises to invest in Vietnam.
Oita prefecture hopes to lure more Vietnamese tourists, students and workers to the locality, he said, committing to arranging many activities to promote connection between local firms and foreign students, including those from Vietnam.
For his part, Ambassador Cuong asserted the embassy’s support for Oita prefecture to boost cooperation with Vietnam, especially in economy, tourism, education-training, and labour.
During his stay, the Vietnamese diplomat had a meeting with former Japanese Prime Minister Murayama Tomiichi, during which he spoke highly of great contributions made by the Japanese official to the Vietnam-Japan relations.
Cuong and his entourage visited APU University, where over 500 Vietnamese students are pursuing study. They also toured some businesses and tourist sites in the locality.-VNA
A delegation of nearly 40 businesses from Japan’s Setouchi and Oita prefectures took part in a programme promoting food exporters’ connectivity in Ho Chi Minh City on November 24.
Japan’s biggest airline ANA Holding Inc (ANA) has completed the purchase of an 8.77 percent stake in Vietnam Airlines, becoming a strategic shareholder of the national flag carrier.
Japanese agricultural businesses are making a beeline for Vietnam since the Trans-Pacific Partnership (TPP) is set to open up their country’s market and bring import tariffs down to zero.
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.
A street in Oita city - the centre of Oita prefecture (Source: Internet)
