Vietnam places importance on extensive strategic partnership with Japan High hope for stronger Vietnam-Japan business links

Of this the manufacturing/processing sector accounted for US$31.3 billion and 1,357 projects.

An amount of US$1.66 billion has been invested in the property sector.

Japanese investors have a presence in 49 of the country’s 63 cities and provinces.

Thanh Hoa is the biggest beneficiary with US$9.68 billion in 10 projects, accounting for more than a quarter of all Japanese investments.

Ha Noi is second with US$4.1 billion in 661 projects, and Binh Duong third with US$3.85 billion in 248 projects.

The biggest Japanese projects include the US$9 billion Nghi Son Oil Refinery Project in the Nghi Son Economic Zone in Thanh Hoa, a US$1.22 billion tyre plant by Bridgestone at the Dinh Vu Industrial Park in Hai Phong, and the US$1.2 billion Tokyu – Binh Duong Urban Urban Area in Binh Duong Province.

Japan leads H1 IT

Japanese investors have taken the lead in investing in information and technology projects in the capital city during the first half of this year.

This was announced by the Ha Noi Department of Information and Communications.

The Ha Noi People’s Committee granted investment certificates to 85 foreign-invested enterprises in the field of information and technology in the first half of this year, with the total capital reaching US$64 million, a year-on-year increase of 93.1%.

Of this, the city granted licences to 23 new projects worth US$5 million.

Among them, nine newly invested projects are of Japan, making up more than 39.1% of the total number of projects.The Republic of Korea ranked second with three projects, accounting for 13%.

According to a report released by Ha Noi Statistics Office, the city’s total export turnover of electronic products, computer components, and peripheral equipment reached US$853 million.

Of this, the export turnover of electronic products stood at US$236 million, an increase of 84.37% year-over-year, while that of computer components and peripheral equipment was US$617 million, up 6.93%.

The Ha Noi Department of Information and Communications said that the application of information and technology in state offices has been effective in the first six months.

The department has submitted to the city’s people’s committee the draft of the management of information and technology programmes, as well as regulations on the recognition of e-offices and building the draft of action programmes in accordance with the Politburo’s Resolution No 36 on Vietnam IT development.