The Vietnamese Government and the Ministry of Industry and Trade (MoIT) always treasure trade cooperation with Japan, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan told Governor of Japan’s Wakayama prefecture Kishimoto Shuhei during a working session in Hanoi on July 27.
Hanoi (VNA) – The Vietnamese Governmentand the Ministry of Industry and Trade (MoIT) always treasure trade cooperationwith Japan, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan toldGovernor of Japan’s Wakayama prefecture Kishimoto Shuhei during a workingsession in Hanoi on July 27.
Tan welcomed Governor Kishimoto’svisit to Vietnam on the occasion of the 50th anniversary of bilateraldiplomatic ties this year.
He hailed the authoritiesof Wakayama prefecture for working closely with the MoIT to effectivelyimplement the Memorandum of Understanding on trade and industry cooperation signedin 2018 and renewed in 2021.
Since 2019, both the MoITand Wakayama prefecture have maintained the annual exchange of delegations and tradepromotion missions, and business networkings both in-person and online formats,contributing to fostering trade relations and industrial cooperation between theirbusiness communities.
To further strengthen thecooperative relationship between the MoIT, the Vietnamese business community andWakayama authorities and businesses, Tan suggested focusing oncollaborative activities in various areas, such as promoting trade,facilitating investment, technological transfer and green transition in sectorsof strength such as apparel, aquaculture processing and environment treatment,training and supply of Vietnamese workers to Wakayama firms.
Highlighting the success in opening the new directinternational air route between Wakayama prefecture and Hanoi, Da Nang, GovernorKishimoto wished to work closely with the MoIT to further step up collaborationin workforce training to meet the needs of firms in Wakayama.
Additionally, there is aneed to strengthen bilateral trade, including helping enterprises and productsfrom Wakayama to access the Vietnamese market, which is increasingly favouringhigh-quality products originating from Japan, he said.
Speaking highly of theproposed initiatives, Tan invited the authorities of Wakayama prefecture to send businessdelegations to Vietnam International Sourcing in September and the Vietnam Foodexpoin November, both scheduled to be held in Ho Chi Minh City.
Kishimoto promised to foster comprehensive cooperationbetw♑een Wakayama and MoIT, contributing to further tightening ties betweenVietnam and Japan./.
The Vietnam-Japan Festival 2023 kicked off in the central city of Da Nang on July 13 evening, as part of celebrations of the 50th anniversary of diplomatic ties between the two countries.
Minister of Public Security To Lam expressed his belief that relations between Vietnam and Japan will grow further in the time ahead while receiving Special Advisor of the Japan - Vietnam Friendship Alliance Takebe Tsutomu in Hanoi on July 26.
Vietnam and Japan should continue their close cooperation in the Asia Zero Emission Community (AZEC) and the Just Energy Transition Partnership (JETP), said Deputy Prime Minister Tran Hong Ha on July 26.
Deputy Prime Minister Tran Hong Ha on July 27 hosted a reception for Steven Winn, Chief Global Strategist and Senior Managing Executive Officer of JERA Co. Inc.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
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.
At the working session (Photo: MIT) 
