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.
olympics official sees real problems in holding games in 2021

Olympics official sees 'real problems' in holding Games in 2021

SYDNEY: A senior Olympics official has warned that holding the postponed Tokyo Games next year faces "real problems", with even a vaccine unlikely to stave off the threat of the coronavirus.
japan central bank in us 279 billion loan boost for small firms

Japan central bank in US$279 billion loan boost for small firms

TOKYO: Japan's central bank on Friday (May 22) offered hundreds of billions of dollars in additional lending to help small firms in the world's third-largest economy struggling with the economic devastation wrought by coronavirus.
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.
has japan dodged the covid 19 bullet

Has Japan dodged the COVID-19 bullet?

TOKYO: With the world's oldest population and one of the most crowded megacities on the planet as its capital, Japan should have provided a fertile breeding ground for the deadly COVID-19.
young sumo wrestler dies of coronavirus in japan

Young sumo wrestler dies of coronavirus in Japan

TOKYO: A 28-year-old sumo wrestler died in Japan on Wednesday (May 13) after contracting coronavirus and suffering multiple organ failure, becoming the ancient sport's first COVID-19 fatality, the national association said.
laying foundations for advancement

Laying foundations for advancement

With success in coping with the global virus outbreak, Vietnam is already becoming more appealing to investors in Asia, but bottlenecks need to be removed at speed as global enterprises review their investment policies to reduce potential risks.
japan approves ebola drug remdesivir for covid 19 treatment

Japan approves Ebola drug remdesivir for COVID-19 treatment

TOKYO: Japan on Thursday (May 7) authorised the antiviral drug remdesivir to treat coronavirus patients, the government said, with an eye to approving another medication Avigan this month.
covid 19 forces cancellation of japan sumo tournament

COVID-19 forces cancellation of Japan sumo tournament

TOKYO: Japan's sumo association said Monday (May 4) it would cancel its upcoming tournament and aim to hold the following one behind closed doors, as the country extended a state of emergency over COVID-19. 
japan to help firms to move production bases to southeast asia

Japan to help firms to move production bases to Southeast Asia

Japan will launch a subsidy programme to encourage domestic manufacturers to transfer their overseas production bases to Southeast Asia, as the coronavirus pandemic has greatly disrupted their supply chains heavily dependent on China.
initiatives that resonate with local communities

Initiatives that resonate with local communities

JERDE, the iconic and internationally renowned architecture and urban planning firm, is expanding new projects in Southeast Asia, Japan, and Turkey. James Chew, director of business development in Southeast Asia, and Ken Ho, vice president and design principal, shared their views of the Vietnamese market to VIR’s Bich Ngoc.
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.
vietnam reports two new imported cases of covid 19 total at 270

Vietnam reports two new imported cases of COVID-19, total at 270

Two Vietnamese students returning from Japan were confirmed positive for SARS-CoV-2 that causes COVID-19 on late April 24, bringing the total cases in Vietnam to 270, according to the National Steering Committee for COVID-19 Prevention and Control.