Mekong Delta localities call for Japanese investment in 63 projects

Mekong Delta localities have called for investments from Japanese firms in 63 projects in various fields
mekong delta localities call for japanese investment in 63 projects

Kawaue Junichi, Consul General of Japan in HCM City addresses the forum

The event was jointly held by the Vietnam Chamber of Commerce and Industry (VCCI) and Japan External Trade Organisation (JETRO) in Ho Chi Minh City on November 3, which gathered 400 delegates representing government agencies and localities of the two countries, Japanese trade promotion organisations, economic experts, Vietnamese companies, and 120 CEOs from Japanese firms.

Addressing the forum, former State President Truong Tan Sang affirmed the significance of the event in strengthening the economic and trade exchanges between Japan and Vietnam’s Mekong Delta, while expressing his wish that Japanese investors will pay more attention to this region.

Leaders of Mekong Delta localities should create favourable conditions for Japanese investors to implement effective and win-win cooperation in the context that the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is going to take effect with 11 member countries, including Japan and Vietnam, he emphasised.

According to VCCI Chairman, Vu Tien Loc, Japan’s investment in the Mekong Delta region remains limited despite the huge cooperation potential between the two sides.

He highlighted young and well-trained labour force and a development space for businesses as the biggest advantages offered by the Mekong Delta, stating that cooperation in agriculture, processing industry, manufacturing, tourism and commercial services are the region’s yet-to-be-exploited potential that Japan is expected to be the best partner.

As a leading country in developing adaptive agriculture to climate change, Japan’s experience will effectively serve the Mekong Delta region which is in need of an agricultural sector with climate-adaptive technologies, he said.

Kawaue Junichi, Consul General of Japan in HCM City, said together with the development of the Japan-Vietnam relations over recent years, the ties between Japan and the Mekong Delta have also been increasingly expanded across various spheres, such as transport, trade and especially farm produce.

Currently, cooperation areas between the two sides include the supply of high-quality farm produce for the Japanese market, new markets for Japanese and Mekong Delta travel agencies, and financial, credit, delivery, medical checkup and treatment, education and vocational training services, among others.

As shown in VCCI’s statistics, as of the end of October 2018, the Mekong Delta had attracted 169 FDI projects from Japan with a combined registered capital of US$2.21 billion, accounting for 10.5% of the whole region’s total FDI inflow.

Source: VNA

Related News

Japanese businesses seek investment opportunities in Mekong Delta

Japanese businesses seek investment opportunities in Mekong Delta

The Can Tho branch of the Vietnam Chamber of Commerce and Industry (VCCI) on October 10 organised a meeting between Japanese businesses and Vietnamese firms operating in the Mekong Delta, aiming to provide them with opportunities to connect and seek cooperation.
Joint efforts needed for sustainable development of rice farming in Mekong Delta

Joint efforts needed for sustainable development of rice farming in Mekong Delta

The Vietnamese agricultural sector is calling on all parties to join in the sustainable development of 1 million ha of low-emission high-quality rice production in the Mekong Delta so as to improve the quality and efficiency of the rice industry.
Tien Giang aims to become economic locomotive in Mekong Delta region

Tien Giang aims to become economic locomotive in Mekong Delta region

Tien Giang province has aimed to become an economic locomotive in the Mekong Delta region, which comes as part of a draft plan for the province’s socio-economic development during the period 2021-2030 with a vision to 2050.
Measures sought to boost Mekong Delta shrimp sector growth

Measures sought to boost Mekong Delta shrimp sector growth

An aquaculture conference was held in the Mekong Delta province of Soc Trang on March 3 to discuss how to boost the shrimp sector's development.

Latest News

Vietnam-China trade turnover hits nearly 130.8 billion USD

Vietnam-China trade turnover hits nearly 130.8 billion USD

The import-export turnover between Vietnam and China reached nearly 130.8 billion USD in the first eight months of this year, according to the latest statistics from the General Department of Customs.
Many good signals for businesses to accelerate seafood exports

Many good signals for businesses to accelerate seafood exports

VCN - Seafood exports in the first 8 months brought in nearly US$6.3 billion. With many advantages from the market and the dynamism of businesses, seafood exports are expected to increase compared to last year.
Footwear industry takes bold steps towards green growth

Footwear industry takes bold steps towards green growth

Vietnam is discussing the establishment of a centre for raw materials to support the textile, leather and footwear industries, signalling a bold effort for the billion-US-dollar sectors to enhance sustainability and climb higher up the global value chain.
Vietnam likely earn 5 billion USD from rice exports this year

Vietnam likely earn 5 billion USD from rice exports this year

Vietnam’s rice exports are expected to reach a record turnover of about 5 billion USD this year, as high demand from many large and traditional markets, such as the Philippines and Indonesia, continues.

More News

Australian plums to be available in Vietnam

Australian plums to be available in Vietnam

Australian plums will soon be on shelves in Vietnam under the two-way agricultural market access agreement between the two countries that brings Australian plums to Vietnam and Vietnamese passion fruit to Australia, according to the Australian Government.
How to quarantine imported aquatic products for domestic consumption?

How to quarantine imported aquatic products for domestic consumption?

VCN - Enterprises importing aquatic raw materials for export production or export processing for domestic consumption encounter difficulties in implementing quarantine.
Vietnam trade mission in Germany seeks cooperation in automobile industry

Vietnam trade mission in Germany seeks cooperation in automobile industry

The Vietnam trade mission in Germany coordinated with the Berlin – Brandenburg automotive association (aBB) and authorities of the Vietnamese province of Nam Dinh to hold a roundtable on cooperation in the automobile industry.
New markets help fruit exports grow to record revenues

New markets help fruit exports grow to record revenues

Vietnam's fruit export revenue hit 4.63 billion USD in the first eight months of 2024, representing an increase of 30.6% compared to the same period last year, thanks to the opening of several key markets.
Vietnam aims for green, sustainable tourism

Vietnam aims for green, sustainable tourism

VCN - Green tourism is increasingly gaining attention and becoming an important development direction for many countries, including Vietnam. Green tourism will be an important lever for developing a green economy, helping green growth, towards the goal of achieving Net Zero (net zero emissions) by 2050.
Enhancing the role of localities in developing supporting industries

Enhancing the role of localities in developing supporting industries

VCN - Some localities with great potential for developing supporting industries have proactively issued their own policies to support businesses in training human resources, helping businesses access the global production chain.
Mekong Delta promotes clean agricultural production to achieve Net Zero

Mekong Delta promotes clean agricultural production to achieve Net Zero

Localities in the Mekong Delta region have been progressively developing roadmaps for clean agricultural production as an effort to gradually guide Vietnam's agricultural sector towards the goal of "Net Zero" by 2050.
Wood export target of 15.2 billion USD feasible, challenges remain

Wood export target of 15.2 billion USD feasible, challenges remain

Despite market recovery, the wood industry needs to overcome formidable challenges to realise the export revenue target of 15.2 billion USD for the whole year, according to insiders.
Serious shortage and many impacts on seaport human resources

Serious shortage and many impacts on seaport human resources

VCN - According to the assessment of seaport enterprises in Vietnam, from 2024-2028, human resources at seaports will have strong changes in demand, due to the impact of technological trends to meet the task of developing the seaport economy in Vietnam.
Read More

Your care

Latest Most read
Vietnam-China trade turnover hits nearly 130.8 billion USD

Vietnam-China trade turnover hits nearly 130.8 billion USD

The import-export turnover between Vietnam and China reached nearly 130.8 billion USD in the first eight months of this year, according to the latest statistics from the General Department of Customs.
Many good signals for businesses to accelerate seafood exports

Many good signals for businesses to accelerate seafood exports

VCN - According to Le Hang, Communications Director of the Vietnam Association of Seafood Exporters and Producers, in August 2024, seafood exports continued to recover with a growth rate of 20 percent, reaching nearly 953 million USD.
Footwear industry takes bold steps towards green growth

Footwear industry takes bold steps towards green growth

Vietnam is discussing the establishment of a centre for raw materials to support the textile, leather and footwear industries, signalling a bold effort for the billion-US-dollar sectors to enhance sustainability and climb higher up the global value chain.
Vietnam likely earn 5 billion USD from rice exports this year

Vietnam likely earn 5 billion USD from rice exports this year

Vietnam’s rice exports are expected to reach a record turnover of about 5 billion USD this year, as high demand from many large and traditional markets, such as the Philippines and Indonesia, continues.
Australian plums to be available in Vietnam

Australian plums to be available in Vietnam

Australian plums will soon be on shelves in Vietnam under the two-way agricultural market access agreement between the two countries that brings Australian plums to Vietnam and Vietnamese passion fruit to Australia, according to the Australian Government.
Mobile Version