VOV.VN - The 14th edition of the International Exhibition on Machine Tools & Metalworking Solutions for Production Upgrade (MELATEX Vietnam 2020) got underway on October 23 in Ho Chi Minh City via an online platform.

VOV.VN - Japanese conglomerate Sumitomo Corp. have selected five firms from the Far East nation as partners to implement a smart city project in Dong Anh district of Hanoi in order to fully tap into the strengths of these enterprises, including their infrastructure, technology, and experience.

The Vietnam Support Industry Show 2020 and the METALEX Vietnam 2020 will be held online from October 23-24 to connect Vietnamese and Japanese firms in the support industry in the new normal situation.

VOV.VN - The country will change from outsourcing and assembling information communications and technlogy (ICT) products and services to designing and producing "Made in Vietnam" products, according to Deputy Minister of Information and Communications Pham Anh Tuan.

Ten years after the Vietnam-Japan Economic Partnership Agreement entered into force in 2009, with import tariffs removed already, Japanese consumer goods suppliers are looking into bolstering their presence in the Vietnamese market amid local and regional competition.

Despite the ongoing trade tensions between major economies, and the pandemic, supply chain shifts of Japanese investors are still taking place, mostly in the form of specifically targeted production expansions, with Vietnam being one of the prioritised destinations.

VOV.VN - The inflow of foreign direct investment (FDI) into the nation will recover once the COVID-19 epidemic is successfully brought under control, according to Takeo Nakajima, chief representative of Japan External Trade Organization (JETRO) in Hanoi.

The new Japanese government will continue the diplomatic policy for Vietnam under the Abe administration, according to Chief Senior Economist at the Japan External Trade Organisation (JETRO) Atsusuke Kawada.

VOV.VN - With Japan consistently being a leading trade and investment partner, in addition to the largest ODA provider of the nation for many years, both nations are striving to increase and expand co-operation in security, culture, and social affairs.

VOV.VN - The Government should provide additional assistance in reducing costs and simplifying administrative procedures to help local firms get more involved in the global value chain and therefore make the most of the EU-Vietnam Free Trade Agreement.