Connecting Vietnamese, Japanese supporting firms
However, Thang added, Hanoi in particular and Vietnam in general still lack a lot of experience compared with other countries in the region in developing supporting industries. Appropriate policies and mechanisms and suitable solutions are needed for Vietnam and the capital city to keep pace with the region and the world in this field.
![]() |
The 2023 Hanoi Supporting Industry Fair brings many trade opportunities - photo: Nguyen Duyen |
Seminar participants discussed investment trends of Japanese firms and opportunities for their investment in Hanoi’s high technology and supporting industries. Vietnamese companies shared their successful experience in participating in the supply chains of major enterprises and large corporations. Participants also talked about the existing conditions as well as the potential of the Vietnamese molding industry from the viewpoint of Japanese specialists.
According to Noboru Kinoshita, International Consultant at Aichi Industry Promotion Organization, Japan, Japanese small- and medium-sized enterprises are increasingly interested in Vietnam. The number of companies seeking consultancy on investment in Vietnam has increased, mostly in the fields of computer repair, network maintenance, and information technology application in production.
However, when investing in Vietnam, Japanese companies remain unsatisfied with the unclear taxation system and a lack of specific regulations on foreign direct investment (FDI) incentives. They are also worried about competition and material and component shortages.
The Hanoi Supporting Industry Fair is an annual event with its first edition taking place in 2017, helping connect Vietnamese companies with those from Japan and other countries. Good awareness of the strengths and weaknesses of Vietnamese manufacturers enables the organizing board to make suitable recommendations to connect them with foreign partners.
For their part, the fair offers Japanese firms a chance to meet and discuss cooperation opportunities with Vietnamese companies participating in the fair, as well as to seek information about those having demand for products introduced at the fair.
The seminar provided information about supporting industry development in Vietnam and the rest of the world, thus helping improve policies and mechanisms in this field to enable Vietnam to attract more investment in high technology and supporting industries.
The seminar enabled participating companies to learn from the experience of developing business and products in the supporting industry sector, helping them bring into play their strengths for participation in domestic supply chains in the Hanoi Capital Region and the global supply chains of multi-national groups and FDI companies.
See also

Preferential interest rate stimulus for supporting industry
06:00 | 22/09/2023 Support industries
See more news

Ample room remains for VN-Japan cooperation in supporting industries
06:00 | 14/09/2023 Support industries

The Automotive World China 2023 opens new opportunities for Vietnamese businesses
00:00 | 09/09/2023 Support industries

Hung Yen prioritizes high-tech, supporting industries
06:00 | 06/09/2023 Support industries

HCM City's sourcing fair connects supporting-industry buyers, suppliers
08:52 | 29/08/2023 Support industries

Hanoi enhances supporting industry competitiveness
06:00 | 12/08/2023 Support industries

Vĩnh Phúc becoming centre of support industry for car and motorcycle production
06:00 | 11/08/2023 Support industries

Supporting industries play significant role in economic restructuring: Official
15:09 | 10/08/2023 Support industries

Binh Duong prioritizes supporting industries
06:00 | 01/08/2023 Support industries

Support industry needs breakthrough policies
06:00 | 15/07/2023 Support industries

Industry Agency, Toyota Vietnam team up to assist firms in automobile supporting industry
06:00 | 06/07/2023 Support industries

Enjoying Hanoi egg coffee
09:10 | 23/09/2023 Lifestyle

VN must address underlying issues to unleash growth
06:00 | 23/09/2023 Economy

Innovations in implementation of sci-tech tasks
06:00 | 23/09/2023 Science - Technology

Da Nang Startup and Innovation Festival slated for late September
06:00 | 23/09/2023 Science - Technology

"The Art of European pork" campaign launched in Vietnam
15:18 | 22/09/2023 Trade
Multimedia

Hạ Long Bay-Cát Bà Archipelago recognised as world natural heritage
16:01 | 21/09/2023 Tourism

Hạ Long Bay active in holding down landslide risk on limestone islands
06:00 | 22/09/2023 Tourism

Việt Nam's 54 ethnic groups showcased on Google digital platform
16:25 | 20/09/2023 Tourism

Young orchestra aims to inspire a nation and beyond
11:48 | 20/09/2023 Lifestyle

Exhibition showcases winners of the National Five-Year Sculpture Contest
06:00 | 22/09/2023 Lifestyle

New legal documents in first half of September 2023
06:00 | 22/09/2023 Policy

Development strategy of rural occupations and economic development approved
16:48 | 20/09/2023 Policy

Policies to encourage power saving at enterprises are needed amid shortage forecast
08:52 | 18/09/2023 Policy

New legal documents in second half of August 2023
07:00 | 11/09/2023 Policy

Preferential interest rate stimulus for supporting industry
06:00 | 22/09/2023 Support industries

Connecting Vietnamese, Japanese supporting firms
06:00 | 19/09/2023 Support industries

Phu Tho Province suggests policy improvement
14:00 | 18/09/2023 Industry promotion

Hoa Binh Province: Practical support for industrial producers
14:00 | 17/09/2023 Industry promotion

Public investment: Key to growth
06:00 | 21/09/2023 Domestic investment

Phu Tho province welcomes Japanese investments
16:21 | 19/09/2023 FDI

Vietnam - gateway to ASEAN for Quebec businesses
08:15 | 17/09/2023 Investment

Further Gov’t support needed for foreign investors in green growth development
09:03 | 14/09/2023 Investment

Transferring 10 million VND may require biometric authentication
10:29 | 22/09/2023 Finance-Banking

Banks lower deposit interest rates to COVID-19 levels
10:53 | 20/09/2023 Finance-Banking

Banks start procedures to pay dividends until year-end
08:00 | 17/09/2023 Finance-Banking

State budget revenue tops 70% of year's estimate in eight months
09:02 | 14/09/2023 Finance-Banking

Vietnam emphasises importance of UNCLOS in marine environmental protection
06:00 | 22/09/2023 Environment

Ha Long Bay works hard to ease landslide risk on limestone islands
09:07 | 20/09/2023 Environment

Việt Nam advances national plan to eliminate ozone-depleting substances, meet environmental obligations by 2045
08:48 | 18/09/2023 Environment

Method of greenhouse gas emission reporting for steel industry under discussion
16:01 | 13/09/2023 Environment

Innovations in implementation of sci-tech tasks
06:00 | 23/09/2023 Science - Technology

Da Nang Startup and Innovation Festival slated for late September
06:00 | 23/09/2023 Science - Technology

Vietnam joins first “International TECHFEST in Australia”
10:21 | 22/09/2023 Science - Technology

Vietnam, Laos, Cambodia boost ties in scientific research
10:15 | 22/09/2023 Science - Technology

Hanoi to invest over 65 trillion VND in building Van Cao - Hoa Lac metro line
06:00 | 22/09/2023 Metropolis

HCM City to spend over 7 trillion VND on medical infrastructure, equipment
08:55 | 20/09/2023 Province

The New Zealand Education Day 2023 to open in October
17:00 | 19/09/2023 Society

Hanoi boosts consumption of OCOP products
14:00 | 18/09/2023 Metropolis

Efforts to promote products made by ethnic minorities and people living in moutainous areas
10:30 | 22/09/2023 Vietnamese Brands

Better branding, quality important for foreign market access
06:00 | 20/09/2023 Vietnamese Brands

Sun Group continues to win many awards at WTA 2023 Asia-Oceania region
16:02 | 13/09/2023 Vietnamese Brands

Viettel expands global partnership with WB Group
06:00 | 10/09/2023 Vietnamese Brands

Enjoying Hanoi egg coffee
09:10 | 23/09/2023 Lifestyle

Phong Dien - Can Tho eco-tourism festival slated for late September
09:30 | 22/09/2023 Entertainment

Exhibition showcases winners of the National Five-Year Sculpture Contest
06:00 | 22/09/2023 Lifestyle

New features at 2023 Con Son - Kiep Bac Autumn Festival
16:07 | 21/09/2023 Entertainment

Hạ Long Bay active in holding down landslide risk on limestone islands
06:00 | 22/09/2023 Tourism

Hạ Long Bay-Cát Bà Archipelago recognised as world natural heritage
16:01 | 21/09/2023 Tourism

Việt Nam's 54 ethnic groups showcased on Google digital platform
16:25 | 20/09/2023 Tourism

Culture week in Sapa, Vietnam celebrates 120 years of tourism
06:00 | 18/09/2023 Tourism