Since the beginning of this year, the southern city, which is located near Ho Chi Minh City, has continuously welcomed numerous corporations, businesses, and diplomatic representatives exploring investment opportunities, focusing on planning potential, infrastructure advantages, and industrial development orientation.
H.E. Ito Naoki, Ambassador of Japan to Vietnam, shared with Vietnam Economic Times/ VnEconomy about the strength of Vietnam-Japan relations and outlined the priorities shaping bilateral cooperation in the new era.
There are about 680,000 Vietnamese citizens currently living and working in Japan. Japanese authorities have expressed expectations to further increase the number of Vietnamese laborers in the near future.
The two sides discussed about the Metro Line No. 2 project and explored opportunities for cooperation in smart city development and low-emission initiatives.
During their talks on May 2, the two PMs agreed on measures to raise Japanese investment in Vietnam to $5 billion per year and bring the bilateral trade turnover to $60 billion by 2030.
The expanded online summit of the Asia Zero Emission Community (AZEC) held amid ongoing tensions in the Middle East and blockade of the Strait of Hormuz.
With Hung Yen province’s development orientations in high technology and energy, combined with Japan’s strengths, the two sides have great potential for cooperation.
The agreement creating new opportunities for businesses from both localities—particularly in industry, high technology, tourism, and human resources training.