Kanagawa deepens high-tech ties with Vietnam 2025

Prime Highlight

Vietnam and Japan’s Kanagawa Prefecture are deepening economic and investment ties, focusing on high-tech sectors, skilled workforce development, and long-term business partnerships.
Both sides reaffirmed the importance of the Vietnam–Japan comprehensive strategic partnership, with Japan remaining a top partner in investment, trade, labour, and development assistance.

Key Facts

As of October 31, Japan has 5,681 active projects in Vietnamworth $78.9 billion, with $3.1 billion in newly registered capital during the first 10 months of 2025.
Vietnam currently has 128 active projects in Japanvalued at $47.2 million, while 32 Kanagawa companies are already investing in Vietnam.

Background

Vietnam and Japan’s Kanagawa Prefecture are moving to deepen economic and investment cooperation, with a special focus on high-tech sectors, human-resource development, and business partnerships. The discussions took place during Minister Thang’s meeting with Kanagawa Governor Kuroiwa Yuji, where both sides expressed strong interest in expanding long-term collaboration.

Minister Thang said the Vietnam–Japan comprehensive strategic partnership has continued to grow, with economic cooperation at its centre. He noted that Japan remains one of Vietnam’s top partners, serving as the largest provider of official development assistance, the leading partner in labour cooperation, the third-largest investor, and the fourth-largest partner in trade and tourism. More than 108 localities across both countries currently maintain active partnerships.

The minister praised Kanagawa’s ongoing cooperation with Vietnamese ministries and localities. Since signing an MoU with the Ministry of Finance (formerly the Ministry of Planning and Investment) in 2014, Kanagawa and Vietnam have carried out several economic and cultural activities and supported enterprises seeking investment opportunities in both regions.

Thang urged the prefecture to continue boosting business links, encouraging Kanagawa companies to expand investment, transfer technology, and help develop a skilled workforce in Vietnam. He proposed that Kanagawa firms invest in areas such as agriculture, processing, manufacturing, supporting industries, and Vietnam’s priority sectors like digital transformation, innovation, science and technology, and semiconductors.

Governor Kuroiwa thanked Vietnam for the warm welcome and said 32 Kanagawa enterprises are already investing in the country, showing Vietnam’s strong appeal to Japanese investors. He expressed hope that the visit would drive more practical cooperation.

As of October 31, Japan had 5,681 active investment projects in Vietnam worth $78.9 billion. In the first 10 months of 2025, Japan recorded $3.1 billion in newly registered capital. At the same time, Vietnam runs 128 active projects in Japan worth $47.2 million.