honda import strategy unable to avail of fee cuts

Honda import strategy unable to avail of fee cuts

Japanese carmaker Honda may come to rue its decision to start importing CR-V vehicles, giving up domestic assembly, now that the government has greenlit a 50 per cent cut in registration fees for locally assembled automobiles as part of a new initiative to help the market find its feet amidst the coronavirus pandemic.
japanese haseko corporation reaches acquisition deal amidst covid 19 crisis

Japanese Haseko Corporation reaches acquisition deal amidst COVID-19 crisis

Despite COVID-19 and the VCCI’s proposal to delay M&A deals during the pandemic to avoid leaving local firms vulnerable to hostile takeover bids from foreign investors, Japanese Haseko Corporation reached an agreement to acquire a 36 per cent stake in Vietnam-based construction firm Ecoba.
japanese investors jostling continental counterparts

Japanese investors jostling continental counterparts

Despite the current global woes, investors around Asia are ramping up their merger and acquisition (M&A) activities in Vietnam. Masataka Sam Yoshida, head of the Cross-border Division and CEO of Vietnam RECOF Corporation, discussed the trend with VIR’s Thanh Van and how Japanese companies will step up their game in this country’s M&A market.
second uniqlo store in ho chi minh city to open on may 15

Second UNIQLO Store in Ho Chi Minh City to open on May 15

Japanese global apparel retailer UNIQLO plans to open its second store in Ho Chi Minh City, UNIQLO SC VivoCity on May 15, marking its third store in Vietnam.
two japanese companies develop green energy in cambodia

Two Japanese companies develop green energy in Cambodia

Two Japanese firms - renewable energy producer Aura Green Energy Co. and solar panel system provider WWB Corp - have teamed up to launch a hybrid power generation business combining biomass and solar energy in Cambodia in 2021, aiming to help secure stable power supply.
japanese giant sumitomo mitsui financial group halts lending to new coal fired power plants

Japanese giant Sumitomo Mitsui Financial Group halts lending to new coal-fired power plants

Sumitomo Mitsui Financial Group (SMFG) – one of the largest Japanese megabanks – announced that it would halt lending to new coal-fired power plants from May 1, 2020.
japanese companies aim for new supply focus in vietnam

Japanese companies aim for new supply focus in Vietnam

Japan will earmark an economic stimulus package of $2.2 billion to help its manufacturing groups shift production out of China due to the coronavirus pandemic. Hirai Shinji, chief representative of the Japan Trade Promotion Organization (JETRO) in Ho Chi Minh City, shared with VIR’s Thanh Van how Vietnam can become an alternative investment destination for Japanese investors.
japanese bank mizuho to stop lending to coal power plants

Japanese bank Mizuho to stop lending to coal power plants

Japanese financial giant Mizuho Financial Group will stop investing and offering loans to new coal power projects as well as end all loans for coal by 2050.
vietnam presents medical supplies to japan russia

Vietnam presents medical supplies to Japan, Russia

Vietnam on April 16 presented medical supplies as gifts of its government and people to their Japanese counterparts to support them in the fight against the COVID-19 pandemic.
cooperation between asean and east asian nations is key to covid 19 combat

Cooperation between ASEAN and East Asian nations is key to COVID-19 combat

Cooperation between the Association of Southeast Asian Nations (ASEAN) and East Asian countries is the key to containing and putting an end to the spread of the COVID-19 pandemic, Japanese Prime Minister Shinzo Abe told the press on April 14.
korean diplomat praises outcome of asean3 summit on covid 19

Korean diplomat praises outcome of ASEAN+3 Summit on COVID-19

The most important outcome of the Special ASEAN Plus Three Summit on COVID-19 is the solidarity and sense of cooperation shown by all ASEAN leaders, the Korean President and Chinese Premier and Japanese Prime Minister in the joint fight against the COVID-19 pandemic, said a Korean diplomat.
japanese ambassador bids farewell to vietnamese pm

Japanese ambassador bids farewell to Vietnamese PM

Prime Minister Nguyen Xuan Phuc received outgoing Japanese Ambassador to Vietnam Umeda Kunio in Hanoi on March 24, highlighting the two countries’ stronger relations during the diplomat’s tenure.
hanoi jica work to accelerate oda projects

Hanoi, JICA work to accelerate ODA projects

Projects invested by Japanese investors or funded by Japanese official development assistance (ODA) capital have played a crucial role in economic development of Vietnam and Hanoi in particular, said Chairman of the municipal People’s Committee Nguyen Duc Chung.
uniqlo opens first store in the capital of hanoi

UNIQLO opens first store in the capital of Hanoi

Japanese clothing giant UNIQLO is making strides in Vietnam, with two recently-opened stores and several more in the pipeline. General director and COO of UNIQLO Vietnam Osamu Ikezoe talked with VIR’s Nhat Ha how the company is planning to communicate the philosophy of UNIQLO LifeWear to Vietnam’s shopaholics.
south korea to void visas of japanese visitors in virus retaliation

South Korea to void visas of Japanese visitors in virus retaliation

Seoul suspended a visa waiver programme for Japanese nationals on Friday (Mar 6) in retaliation for what it called an "irrational" plan by Tokyo to deal with the coronavirus outbreak, escalating a diplomatic row over their containment measures.