Japanese investors eye biomass feedstock, wastewater treatment projects in southern Vietnam

By Chau Anh
Tue, April 8, 2025 | 11:37 am GMT+7

Long An province, a manufacturing center in southern Vietnam, has recently signed cooperation documents with major Japanese groups in biomass material supply and wastewater treatment.

Japan's Sumitomo Forestry and Vietnam's Lap Duc Company exchange an MoU on investment cooperation at a investment and trade promotion conference in Japan in late March 2025. Photo courtesy of Vietnam News Agency.

Japan's Sumitomo Forestry and Vietnam's Lap Duc Company exchange an MoU on investment cooperation at a investment and trade promotion conference in Japan in late March 2025. Photo courtesy of Vietnam News Agency.

The documents, inked during an investment and trade promotion conference in Japan in late March, include an MoU with Sumitomo Forestry Group on investment in melaleuca areas in Long An for biomass feedstock supply, the provincial People’s Committee said on Monday.

The Japanese forestry giant has been investing in the $110 million Vina Ecoboard project - a particle board factory - in Long An province, a manufacturing hub that borders Ho Chi Minh City.

Besides, Chitose Group, which is running bio-related companies both in Japan and overseas, signed an agreement with the Prodezi Eco-Industrial Park in Ben Luc district to utilize cutting-edge biotechnology in wastewater treatment, organic fertilizer production, and organic hydroponic farming at the park.

On this occasion, the Vietnam-Japan Economic Cooperation Promotion Association handed over a letter of intent on cooperation to Long An, covering the spheres of high-quality workforce training, high-tech agri-tourism, and transfer of biotechnology, pharmaceuticals and healthcare technologies

A leading Japanese corporation specializing in waste treatment and renewable energy production also said it plans to send a delegation to Long An’s Thu Thua district to survey a waste-to-energy plant project within this month.

Apart from the conference, the Long An delegation led by provincial Chairman Nguyen Van Ut visited two high-tech agricultural models and advanced transportation systems in Japan.

They also held working sessions with leading organizations, associations, and companies, including IHI, Feager, Sapporo, and the Japan External Trade Organization (Jetro).

IHI Corporation, a comprehensive heavy-industry manufacturer, expressed interest in investing in transport infrastructure projects in Long An, specifically in the upgrade of National Highway 1 and several key provincial arterial routes.

The company had participated in several major projects in Vietnam, including Nhat Tan Bridge in Hanoi, Binh Bridge in the northern port city of Hai Phong, and the Vung Ang and Van Phong 1 thermal power plants in central Vietnam.

Japan is running 161 investment projects in Long An, with total capital exceeding $1.2 billion, ranking fourth among foreign investors in terms of both project count and capital.

Highlighting Japan as a leading economic partner, Ut said Long An is working hard to improve its investment environment. The province seeks to learn from Japan’s advanced development models and apply modern technologies in industry, agriculture, urban planning, and public administration, he stressed.

Long An province is attracting strong investment thanks to its vast industrial land resources. Strategically located between HCMC and the Mekong Delta, the province boasts significant advantages in transportation, logistics, and supply chains, serving as HCMC’s gateway to the southwestern region.

Once key infrastructure projects such as the Long Thanh-Ben Luc Expressway, Ring Road 3, and Ring Road 4 are completed, this area will become a major hub for goods transshipment from the Mekong Delta to other provinces and surrounding regions.

Comments (0)
  • Read More
Novaland posts Q1 profit of $33 mln, shares hit three-year high

Novaland posts Q1 profit of $33 mln, shares hit three-year high

Novaland (HoSE: NVL) reported a strong turnaround in the first quarter of 2026, swinging to a net profit of VND860 billion ($32.63 million) from a loss a year earlier, as revenue doubled on increased property handovers.

Companies - Fri, May 1, 2026 | 3:09 pm GMT+7

Vinaconex, Vietjet have new CEOs

Vinaconex, Vietjet have new CEOs

Vietnamese construction heavyweight Vinaconex on Wednesday appointed deputy CEO Pham Thai Duong as CEO and legal representative, replacing Nguyen Xuan Dong.

Companies - Fri, May 1, 2026 | 2:41 pm GMT+7

Japanese retailer Aeon Mall to build another shopping center in northern Vietnam

Japanese retailer Aeon Mall to build another shopping center in northern Vietnam

Japan’s Aeon Mall is set to invest nearly $150 million in a shopping mall project in the northern province of Bac Ninh, marking a further push into Vietnam’s fast-growing industrial localities.

Industries - Fri, May 1, 2026 | 10:59 am GMT+7

Hyosung Vina raises $7.6 mln in unsecured bond sale

Hyosung Vina raises $7.6 mln in unsecured bond sale

Hyosung Vina Chemicals, the Vietnam arm of South Korean chaebol Hyosung, has completed a VND200 billion ($7.59 million) domestic bond issuance, according to disclosures on the Hanoi Stock Exchange.

Companies - Fri, May 1, 2026 | 10:16 am GMT+7

Vietnam central bank to add new metrics to oversee banking activity

Vietnam central bank to add new metrics to oversee banking activity

The State Bank of Vietnam is proposing a set of new prudential metrics to strengthen oversight of banking operations, replacing the traditional loan-to-deposit ratio (LDR) with a broader framework aligned with Basel III standards.

Banking - Fri, May 1, 2026 | 8:00 am GMT+7

From national reunification to aspiration for an integrated development space

From national reunification to aspiration for an integrated development space

In 1975, Vietnam united the country through determination and a shared aspiration for independence. Today, in a very different context, the country faces a new challenge: unifying its market through institutional reform, writes Dr. Nguyen Sy Dung, former deputy head of the Office of the National Assembly - the country's legislature.

Economy - Thu, April 30, 2026 | 10:27 pm GMT+7

Vietjet seeks deeper engagement in Vietnam's aviation infrastructure development

Vietjet seeks deeper engagement in Vietnam's aviation infrastructure development

Vietjet, Vietnam’s first private airline, has proposed earlier and broader participation in Vietnam’s airport planning and infrastructure development, as the budget carrier looks to expand its role beyond flight operations into ground services and logistics.

Companies - Thu, April 30, 2026 | 9:42 pm GMT+7

Vietnamese giants kick off 4 mega projects in HCMC

Vietnamese giants kick off 4 mega projects in HCMC

The Ho Chi Minh City People’s Committee on Wednesday held a groundbreaking ceremony for four large-scale projects invested by Vietnamese conglomerates including Vingroup, Sun Group and Truong Hai Group (Thaco).

Economy - Thu, April 30, 2026 | 8:01 pm GMT+7

Vingroup starts work on $2.2 bln int'l university township in southern Vietnam

Vingroup starts work on $2.2 bln int'l university township in southern Vietnam

Vietnam’s conglomerate Vingroup (HoSE: VIC) on Wednesday broke ground on a VND59 trillion ($2.24 billion) international university township in Ho Chi Minh City.

Real Estate - Thu, April 30, 2026 | 12:38 pm GMT+7

Chinese firm Livzon secures control of Vietnam’s pharma giant Imexpharm in $228 mln deal

Chinese firm Livzon secures control of Vietnam’s pharma giant Imexpharm in $228 mln deal

Lian SGP Holding Pte. Ltd., a Singapore-based entity wholly owned by China’s Livzon Pharmaceutical Group Inc., has acquired a controlling stake in Vietnam’s pharma giant Imexpharm (HoSE: IMP) following a public tender offer.

Companies - Thu, April 30, 2026 | 12:22 pm GMT+7

Sun Group partners with Keppel to drive green transition across tourist places

Sun Group partners with Keppel to drive green transition across tourist places

Vietnam’s leading real estate developer Sun Group has signed a strategic partnership with Keppel EaaS Vietnam, part of Singapore’s Keppel Ltd., to accelerate energy optimization and decarbonization across its tourism destinations.

Real Estate - Thu, April 30, 2026 | 10:42 am GMT+7

'Shark Hung' unexpectedly resigns from real estate brokerage Cen Land ahead of AGM

'Shark Hung' unexpectedly resigns from real estate brokerage Cen Land ahead of AGM

Pham Thanh Hung, widely known as “Shark Hung”, has stepped down from the board of directors at Century Real Estate JSC (Cen Land) - a major Vietnamese real estate brokerage, citing "personal plans".

Companies - Thu, April 30, 2026 | 10:32 am GMT+7

Japanese FDI in Vietnam: From manufacturing hub to strategic capital flows

Japanese FDI in Vietnam: From manufacturing hub to strategic capital flows

Japanese investment in Vietnam is shifting away from a factory-led model toward a long-term ecosystem spanning manufacturing, energy, industrial parks, retail, and banking-financial services.

Economy - Thu, April 30, 2026 | 7:11 am GMT+7

Keppel files arbitration against partners in $1.2 bln southern Vietnam project

Keppel files arbitration against partners in $1.2 bln southern Vietnam project

Singapore conglomerate Keppel Ltd. has initiated arbitration proceedings against three partners in a $1.2 billion residential and mixed-use urban project in Vietnam’s southern metropolis hub of Ho Chi Minh City.

Real Estate - Wed, April 29, 2026 | 9:54 pm GMT+7

Vietnam to secure 4 mln oil barrels from Japan's Idemitsu

Vietnam to secure 4 mln oil barrels from Japan's Idemitsu

Japanese petroleum giant Idemitsu Kosan will provide Vietnam with about four million barrels of crude oil procured through routes that do not transit the Strait of Hormuz, Nikkei reported on Monday.

Industries - Wed, April 29, 2026 | 4:04 pm GMT+7

Central Vietnam hub Danang approves land lease for $200 mln AI-ready data center project

Central Vietnam hub Danang approves land lease for $200 mln AI-ready data center project

The Danang People's Committee has approved a land lease to MCB Decenter Co. Ltd. for the AIDC Decenter data center project, covering 10,000 square meters at the Danang Hi-Tech Park in Lien Chieu ward.

Companies - Wed, April 29, 2026 | 3:45 pm GMT+7