Japan to consider new generation ODA for key Vietnam projects

Japan will consider new generation ODA for Vietnam, with a primary focus on new fields such as digital transformation, green transformation, climate change response and health, alongside infrastructure construction as a traditional field, said newly appointed Japanese Ambassador to Vietnam Ito Naoki.

  • Japanese experts train Vietnamese fire and rescue police in search and rescue
  • Vietnam, Japan strengthen cooperation in security and law enforcement
  • Acting President receives new Japanese Ambassador to Vietnam
Japan to consider new generation ODA for key Vietnam projects -0
Newly appointed ambassador of Japan to Vietnam Ito Naoki at a press briefing in Hanoi on June 29

Talking to the press in Hanoi on June 29, Ito cited the joint statement on the establishment of the new partnership framework between the two countries in November 2023, saying the two sides will implement new Japanese ODA projects within the framework of Japan’s new ODA Charter.

He also said Japan recognizes the importance of factors such as high incentives, simple procedures and flexibility with regard to the new generation ODA projects.

Efforts now will be made for projects such as Ho Chi Minh City urban metro line 1, Ben Luc - Long Thanh section of North - South expressway and Hanoi urban metro line 2, according to the diplomat.

The ambassador also highly appreciated Vietnam’s efforts in improving its investment climate, saying more than 2,000 Japanese businesses are operating in Vietnam.

Ito quoted the Japan External Trade Organization (JETRO) saying Vietnam is the second appealing destination for Japanese businesses and about 60% of Japanese businesses say they want to expand investment there.

According to the diplomat, Vietnam attracts Japanese businesses thanks to its positive economic outlook, a large market of 100 million consumers, and an abundant, quality workforce. In addition, Vietnam is currently considered an important link in the supply chain.

During his meeting with Acting President Vo Thi Anh Xuan in mid-May, Ito said Japanese Government supports Vietnam in realising its goal of becoming a developed, high-income country by 2045 with ODA loans as well as expanding cooperation in the fields which are strengths of both sides.

He expressed his wish that Vietnam would continue to improve the business and investment environment and create more favourable conditions for Japanese businesses to operate in the country. 

VOV

Other News

A view of a container port in Singapore. (File photo: Xinhua/VNA)

Vietnam-Singapore trade cooperation gains fresh momentum

Analysts noted that Vietnam-Singapore ties are increasingly moving beyond traditional goods trade towards green growth, innovation and high-quality supply chains, laying a stronger foundation for more substantive and sustainable cooperation in the years ahead.

Vietnamese products make strong impression at Foodservice Australia 2026

Vietnamese products make strong impression at Foodservice Australia 2026

International visitors expressed positive impressions of Vietnamese products displayed at the fair. Nelma Sanjines, senior supervisor at ESP Catering in Sydney, praised the flavour of Vietnamese chilli sauce and soy sauce as well as the attractive packaging of confectionery products.

Digital technology helps standardise supply chains, sustain export competitiveness

Digital technology helps standardise supply chains, sustain export competitiveness

Experts noted that supply chain optimisation and risk management are no longer isolated tasks for individual companies but a requirement for the entire export ecosystem. With guidance from regulators, support from industry experts and their own efforts, Vietnamese exporters are expected to enhance their competitiveness and turn technical barriers and market volatility into opportunities for sustainable growth in global markets.

Vietnam seen as attractive investment destination for 2026–2035

Vietnam seen as attractive investment destination for 2026–2035

The article described Vietnam as strategically positioned along major regional maritime routes, including the East – West corridor linking the Americas, the Middle East, India and Europe, and the North – South corridor connecting China and Southeast Asia, helping make the country a gateway for international trade.

Eco-industrial parks seen as catalyst for higher-quality FDI

Eco-industrial parks seen as catalyst for higher-quality FDI

The eco-industrial park model will help Vietnam meet international environmental standards while creating opportunities to improve growth quality and economic competitiveness. Many multinational corporations now view green standards, emissions reduction and energy efficiency as key conditions when selecting investment destinations.

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Alongside exhibition activities, trade promotion, and business networking programs, the “Gwangju Global Food Fair 2026” also witnessed the signing ceremony of a Memorandum of Understanding (MOU) between the Vietnam–Korea Businessmen & Investment Association (VKBIA) and the Gwangju Tourism Organization of South Korea.

Hanoi proposes subsidies to accelerate shift to electric vehicles

Hanoi proposes subsidies to accelerate shift to electric vehicles

Under a draft resolution currently open for public feedback by the municipal People’s Committee, residents with permanent or temporary residence registration in Hanoi for at least two consecutive years, who own petrol-powered motorbikes registered before the resolution takes effect, will be eligible for support when purchasing electric motorbikes priced at 10 million VND or more.

Private economic sector poised for breakthrough growth

Private economic sector poised for breakthrough growth

More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.

Ministry establishes monitoring framework for carbon market

Ministry establishes monitoring framework for carbon market

Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.