Japanese corporation pours 1.2 billion USD in Binh Duong’s urban projects
A leader of southern province of Binh Duong has hailed the effective investment of Tokyu corporation of Japan in urban development in the province and suggested the corporation also invest in transport infrastructure.
Binh Duong (VNA) – A leader of southern provinceof Binh Duong has hailed the effective investment of Tokyu corporation of Japan in urban development in the province and suggested the corporation also invest in transport infrastructure.
At a working session with Tokyu representatives ꦉon January 10, Nguyen Van Loi, Secretary of the provincial Party Committee, said in the coming years, Binh Duong will give priority to developing infrastructure, especially transport projects that connect the province with other regions.
Tokyu Corporation set up a joint venture with Becamex IDC Corp in 2012, which has invested 1.2 billion USD so far in an urban development scheme. Some projects in the scheme have been completed and put into use, such as Sora Garden Apartment Buildings, Viet Hoa International School and Hikari Commercial Zone.
Loi stressed that Binh Duong is one of theleading provinces in the country in terms of socio-economic development and attractingforeign direct investment (FDI).
The province attracted over 3 billion USD in FDIin 2022, ranking secondnationwide in terms of FDI attraction, after Ho Chi Minh City.
A corner of Binh Duong city. (Photo: VNA)
There are 341 Japanese projects in the locality with atotal registered capital of over 5.8 billion USD. They are mainly inthe production of electronic components, electronic circuits and chips,automobile assembly, iron and steel, supporting industries and commercialservices.
The Binh Duong leader also sa෴id the province is drawing investmentinto projects that use advanced and environmentally-friendly technologies thatare less labour intensive with higher added v🐲alue./.
The southern province of Binh Duong must achieve rapid, harmonious, inclusive and sustainable development, thus ensuring social security and leaving no one behind, Prime Minister Pham Minh Chinh has said.
Nguyen Van Danh, Vice Chairman of the Binh Duong Provincial People's Committee, a magnet for foreign investment in the South, hosted a reception on December 22 for a delegation from Japan’s Toyama prefecture led by Governor Nitta Hachiro.
Most Japanese enterprises are operating successfully in Binh Duong province, contributing to the local development, Nguyen Van Loi, Secretary of the provincial Party Committee, has said.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
At the event. (Photo: VNA) 
A corner of Binh Duong city. (Photo: VNA) 
