Japan’s Yamato Holdings urged to expand logistics investment in Vietnam
VOV.VN - Prime Minister Pham Minh Chinh has called on Japan’s Yamato Holdings, which commands nearly 46% of the country’s home delivery market, to invest in logistics centres in Vietnam.
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He made the request while receiving the company’s Executive Officer and President Nagao Yutaka in Hanoi on February 17.
Praising Yamato Holdings’ ongoing projects in collaboration with Vietnam’s FPT Corporation, the Government leader expressed confidence that these initiatives would bolster Vietnam’s logistics sector and further enhance economic ties between the two countries.
He suggested the Japanese firm support investment attraction in Vietnam’s logistics industry, facilitate financial and green development funding from Japan, and work with Vietnamese institutions to train high-quality human resources, particularly for logistics. He also suggested establishing logistics centres in northern provinces such as Bac Ninh or Bac Giang.
Furthermore, the Government chief urged Yamato Holdings to deepen cooperation with Vietnamese enterprises, particularly FPT, to integrate cutting-edge technology, enhance competitiveness, and drive sustainable growth in Vietnam’s transport sector. He also encouraged the company to expand investments in its areas of expertise, such as finance, insurance, and information technology.
Yamato Holdings will facilitate technology transfer to Vietnamese partners, enabling deeper integration into regional and global supply chains, he told his guest.
In response, Nagao Yutaka highlighted Japan’s labour shortage in the transportation sector due to an aging population, particularly in trucking. He showed interest in establishing a professional driver training centre in Vietnam and launching an AI research lab to develop advanced transport technologies. These initiatives aim to provide skilled labour and advanced technology for both Vietnam’s and Japan’s logistics sectors.
Recognizing Vietnam’s growth potential, the business leader reaffirmed the company’s commitment to workforce training, digital transformation, and leveraging AI and data science in the country’s logistics and transport industries. He also outlined plans to collaborate with Vietnamese partners to expand investment in semiconductor supply chains and other key sectors in line with the Prime Minister’s recommendations.