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Update news Japanese market
Japan is undergoing major changes in technology as many old systems have been in operation for 20-30 years and need renovation. This is a great opportunity for Vietnamese IT firms.
Japan could be a market with great potential, valued at hundreds of billion of dollars for Vietnamese businesses if they can access Japanese partners in not just IT, but multiple industries as well.
Vietnam’s IT firms in the past just did outsourcing for Japanese partners, but now they are capable of designing whole large information systems for Japanese enterprises.
Coping with challenges such as Covid-19 and yen depreciation, Vietnamese IT (information technology) firms have overcome difficulties and maintained their business with Japanese partners in digital transformation.
Link Station, one of the IT companies in Japan’s Aomori prefecture, has an ambitious plan to develop its branch in Vietnam into one of its central offices in Southeast Asia.
The number of Vietnamese visitors to Japan in 2023 reached a new record of 573,900, an increase of 15.9% over 495,051 visitors achieved in 2019, the Japan National Tourism Organisation (JNTO) announced on January 30.
In mid-June, Vietnam’s litchis officially hit the supermarket shelves in Japan, priced at VND500,000 per kilogram and selling out after several hours.
Asian equities were subdued on Friday and the dollar wobbled ahead of the closely watched U.S. jobs report, which could provide clues on the Federal Reserve's monetary policy outlook.
VietNamNet Bridge – Over the past years, the Vietnam-Japan strategic partnership has seen in-depth and concrete development, in which economics is one of the bright spots in their bilateral ties.
The big changes in Japan’s policy on the country’s agriculture subsidization would force Japanese enterprises to cooperate with the countries which have advantages in agriculture production like Vietnam.
VietNamNet Bridge – The local software outsourcing industry has posted strong growth this year, contradictory to the slackened performance of local hardware makers and retailers,
Vietnam’s exports to Japan have been supported not only by bilateral and multilateral trade agreements, but also by the new economic stimulus package launched by the Japanese government worth $1.4 trillion.
Troubled smartphone maker BlackBerry will not launch its new models in Japan, reports said on Friday, effectively heralding a pull-out from a booming smartphone market