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Local partnerships set to boost Vietnam Japan investment ties

Prime Minister Le Minh Hung has urged Vietnamese and Japanese localities to shift from cooperation to co creation as the two countries seek stronger investment flows following last week s Vietnam Japan Local Cooperation Forum in Hue city

Local partnerships set to boost Vietnam Japan investment ties

The Vietnam-Japan Local Cooperation Forum, held in Hue city, has set the stage for enhanced economic ties between the two nations. Prime Minister Le Minh Hung emphasized the importance of leveraging their respective strengths to drive mutual growth and strategic autonomy. He called for intensified cooperation in science, technology, innovation, and digital transformation, as well as joint ventures in digital tech, AI, semiconductors, smart cities, sustainable agriculture, and startup incubators.

Japanese officials shared their expertise in building innovation ecosystems, digitalizing local government operations, and fostering growth in emerging sectors. The forum also sought to promote cultural exchange, tourism, and green development, aiming to create a favorable environment for businesses and investors. As of late July, Japanese investors had registered 5,840 projects in Vietnam worth $80.4 billion.

The 2026 Vietnam-Japan Local Cooperation Forum aims to operationalize commitments and boost people-to-people exchanges, labor, healthcare, culture, and tourism links.

Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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