Northern Vietnam province Ninh Binh addresses challenges faced by Japanese firms

By VNA/The Investor
Fri, September 26, 2025 | 6:58 pm GMT+7

Officials in Ninh Binh have taken prompt measures to resolve difficulties faced by Japanese businesses operating in the northern province.

At the working session in Ninh Binh province. Photo courtesy of VNA.

At the working session in Ninh Binh province. Photo courtesy of VNA.

Secretary of the provincial Party Committee Truong Quoc Huy and Chairman of the provincial People’s Committee Pham Quang Ngoc on Wednesday met with Japanese investors to listen to their concerns and discuss solutions to challenges affecting business operations.

At the meeting, Iwakoshi, general director of Shikoku Cable Vietnam at Dong Van Industrial Zones 2 and 3, outlined several issues, including occasional power outages affecting production, insufficient drainage systems leading to flooding on factory premises, and tree coverage in industrial zones that obstructs visibility and poses traffic risks.

Representatives of other Japanese firms also requested support in labor recruitment, particularly after the Lunar New Year holiday, citing a roughly 10% reduction in the workforce, and called for streamlined administrative procedures to facilitate business operations.

In response, Party chief Truong Quoc Huy reaffirmed the province’s commitment to supporting Japanese investors, pledging to swiftly remove obstacles and create favourable conditions for businesses.

Provincial Chairman Pham Quang Ngoc noted that the province is directing relevant departments to address business challenges, including coordinating with the electricity sector to minimize power outages and investing in pumping infrastructure to reduce flooding at Dong Van Industrial Zone 2.

To tackle labor shortages, the province is developing social housing to attract and retain workers in industrial zones. Infrastructure projects, including road networks connecting key economic centers such as Nam Dinh, Phu Ly, and Hoa Lu, are being prioritized to ensure stable employment. Local authorities have also been instructed to facilitate administrative procedures for investors.

Ngoc encouraged businesses to provide timely feedback to help the province create the most supportive environment for investment.

According to the Management Board of Ninh Binh Industrial Zones, the province currently hosts 114 Japanese projects with a total registered investment of $1.46 billion.

Ha Nam, Nam Dinh and Ninh Binh province were recently merged to form the new Ninh Binh province, which borders Hung Yen, Phu Tho, Thanh Hoa, Hanoi, and the East Sea.

Comments ( 0)
  • Read More
US court dismisses Gilimex’s lawsuit against Amazon, rules Vietnamese firm commits fraud

US court dismisses Gilimex’s lawsuit against Amazon, rules Vietnamese firm commits fraud

A U.S. federal court has dismissed with prejudice a lawsuit filed by Vietnamese textile manufacturer Gilimex (HoSE: GIL) against Amazon, ruling that the company submitted forged documents and committed “fraud on the court” during the litigation process.

Companies - Sun, July 12, 2026 | 11:10 am GMT+7

Stocks poised to benefit from Vietnam's carbon market

Stocks poised to benefit from Vietnam's carbon market

Vietnam's pilot carbon exchange is expected to create opportunities not only for companies with forest assets, renewable energy projects and environmental technologies, but also for firms that have invested early in emissions management, circular production models and environmental, social and governance (ESG) practices.

Companies - Sun, July 12, 2026 | 8:00 am GMT+7

15 Indian tourists dead after speedboat capsizes off Vietnam's Phu Quoc Island

15 Indian tourists dead after speedboat capsizes off Vietnam's Phu Quoc Island

A tourist speedboat carrying 32 Indian visitors capsized off Phu Quoc Island, a top tourism destination in southern Vietnam, on Saturday, killing 15 people.

Society - Sat, July 11, 2026 | 4:29 pm GMT+7

Thai giant CP's Q1 Vietnam revenue drops 11% on weaker farm business

Thai giant CP's Q1 Vietnam revenue drops 11% on weaker farm business

Vietnam remained the second-largest market for Thailand’s Charoen Pokphand Foods (CPF) in the first quarter of 2026, contributing 18% of the group’s global revenue despite a double-digit plunge in sales.

Companies - Sat, July 11, 2026 | 2:55 pm GMT+7

F88 targets HCMC bourse listing after raising $60 mln through IPO

F88 targets HCMC bourse listing after raising $60 mln through IPO

F88 Business Joint Stock Company, a consumer finance major in Vietnam, is conducting an initial public offering of more than 22 million shares ahead of its planned listing on the Ho Chi Minh City Stock Exchange (HoSE), aiming to raise over VND1.56 trillion ($60 million) to expand operations.

Companies - Sat, July 11, 2026 | 12:35 pm GMT+7

PNJ shares hit one-year low, VinaCapital exits major shareholder status

PNJ shares hit one-year low, VinaCapital exits major shareholder status

PNJ shares of Phu Nhuan Jewelry JSC fell to their lowest level in more than a year on Friday as selling pressure intensified and the group of VinaCapital funds cut its stake to below 5%, relinquishing its status as a major shareholder.

Companies - Sat, July 11, 2026 | 10:37 am GMT+7

Matsuya R&D and the quiet revolution in garment manufacturing

Matsuya R&D and the quiet revolution in garment manufacturing

The global garment industry, worth hundreds of billions of dollars, has long remained one of the world's most labor-intensive manufacturing sectors. While industries such as automotive and electronics have undergone sweeping transformations driven by automation and robotics, most modern apparel factories still rely heavily on manual labor.

Companies - Sat, July 11, 2026 | 9:23 am GMT+7

PVOIL posts 74% jump in H1 revenue, targets aviation fuel market

PVOIL posts 74% jump in H1 revenue, targets aviation fuel market

PVOIL, a subsidiary of state-owned Petrovietnam, reported a sharp rise in revenue in the first half of 2026, driven by higher fuel sales volumes and an expanding retail network.

Companies - Sat, July 11, 2026 | 8:00 am GMT+7

Suntory PepsiCo opens $300 mln plant in Tay Ninh province, its largest investment in Vietnam

Suntory PepsiCo opens $300 mln plant in Tay Ninh province, its largest investment in Vietnam

Suntory Pepsico Vietnam Beverage (SPVB) inaugurated a new beverage plant in southern Vietnam on Friday, marking its largest-ever investment in the country and underscoring the company’s long-term confidence in the Vietnamese consumer market.

Industries - Fri, July 10, 2026 | 9:03 pm GMT+7

Samsung pledges support to help Vietnamese firms join its supply chain

Samsung pledges support to help Vietnamese firms join its supply chain

Samsung Electronics Vietnam is willing to support more Vietnamese companies in joining its supply chain, as local businesses and authorities seek to deepen integration with foreign-invested manufacturers.

Companies - Fri, July 10, 2026 | 5:02 pm GMT+7

Vietnam bank deposit rates hit 9%: Is the race to mobilize capital heating up again?

Vietnam bank deposit rates hit 9%: Is the race to mobilize capital heating up again?

Vietnamese banks have largely kept publicly listed deposit rates unchanged, but many are quietly offering significantly higher returns to priority customers and large depositors as competition for funding intensifies amid robust credit growth.

Banking - Fri, July 10, 2026 | 4:42 pm GMT+7

Becamex sets up subsidiary to advance $176 mln industrial park project in central Vietnam

Becamex sets up subsidiary to advance $176 mln industrial park project in central Vietnam

The VND4.63 trillion ($176.13 million) Ninh Xuan 1 Industrial Park, located in the south-central province of Khanh Hoa, has reached a new milestone as Becamex IDC, one of Vietnam’s largest industrial real estate developers, decided to establish a wholly owned subsidiary to push the project.

Companies - Fri, July 10, 2026 | 2:31 pm GMT+7

Trungnam Group triples investment for urban area project in central Vietnam

Trungnam Group triples investment for urban area project in central Vietnam

The Golden Hills City project, developed by Vietnam’s multi-sector Trungnam Group, has been approved by authorities in the central city of Danang to increase its total investment from VND4.4 trillion to nearly VND15.5 trillion ($589.6 million).

Real Estate - Fri, July 10, 2026 | 11:14 am GMT+7

Vietnam's leading developer Sun Group, Accor elevate strategic partnership

Vietnam's leading developer Sun Group, Accor elevate strategic partnership

Sun Group and Accor have signed an agreement to elevate their decade-long strategic partnership, adding nearly 6,000 premium hotel rooms and serviced apartments across Phu Quoc island and Danang city to their cooperation portfolio.

Companies - Fri, July 10, 2026 | 10:39 am GMT+7

Samsung Display ultra-thin glass supplier breaks ground on second plant in northern Vietnam

Samsung Display ultra-thin glass supplier breaks ground on second plant in northern Vietnam

South Korea's Dowooinsys Vina, a subsidiary of NP Group, has begun construction of its second manufacturing plant in Thai Nguyen province, expanding production capacity for ultra-thin glass (UTG) used in Samsung Display's foldable smartphone panels.

Investing - Fri, July 10, 2026 | 8:17 am GMT+7

From Phu Quoc to Sa Pa: Why Vietnam’s tourism accelerating in Southeast Asia

From Phu Quoc to Sa Pa: Why Vietnam’s tourism accelerating in Southeast Asia

Leading U.S. business magazine Fortune has described Vietnam as an emerging tourism “hot spot” in Southeast Asia, driven by the strong rise of destinations such as Phu Quoc and Sa Pa.

Travel - Thu, July 9, 2026 | 11:09 pm GMT+7