Key sectors identified for investment include steel manufacturing, electric vehicles, high-tech industries, green technology, science and technology, and innovation.
During their talks on May 2, the two PMs agreed on measures to raise Japanese investment in Vietnam to $5 billion per year and bring the bilateral trade turnover to $60 billion by 2030.
The project also aims to complete a synchronized technical infrastructure system, with the entire facility expected to be fully operational by the fourth quarter of 2027.
Carbon footprint measuring and carbon labelling demonstrate producers’ transparency and responsibility in environmental protection and climate action and provide access to demanding markets.