Value Chain

Low productivity and lack of high-quality manpower are issues that Vietnamese firms should work on to join the production chains of Japanese enterprises.

As industry leaders, state enterprises are responsible for forming value chains and promoting innovation in their respective sectors by mobilizing the participation of enterprises from various economic components.

While the Covid-19 pandemic further exposes Vietnam’s shortcomings from its highly dependence on both the global supply and demand sides, it is also a golden opportunity for the country to narrow development gap with regional peers.

With a growing number of multinationals looking to set a foothold in Vietnam, the country is having a great opportunity from a new wave of foreign investment, according to the trade ministry.

Hanoi is an essential part in Vietnam – Japan relations, partly due to a growing number of Japanese nationals and enterprises in the city, said the Japanese ambassador to Vietnam.