PM suggests Japan's Yamato Holdings develop logistics centres in Việt Nam

HÀ NỘI — Prime Minister Phạm Minh Chính called on Yamato Holdings – which holds approximately 46 per cent of Japan’s home delivery market – to invest in logistics centres in Việt Nam, while receiving its Executive Officer and President Nagao Yutaka in Hà Nội on Monday.

Commending the company’s ongoing projects in collaboration with Việt Nam's FPT Corporation, the Vietnamese Government leader expressed confidence that they will significantly contribute to Việt Nam's logistics sector and strengthen the two countries’ economic cooperation.

He urged Yamato Holdings to support investment attraction in Việt Nam's logistics industry, promote financial and green development funding from Japan, and collaborate with Vietnamese institutions to train high-quality human resources, particularly for the logistics sector.

PM Chính also suggested establishing logistics centres in northern provinces such as Bắc Ninh or Bắc Giang.

Additionally, he called for closer cooperation between Yamato Holdings and Vietnamese enterprises, especially FPT, to apply cutting-edge technology, enhance competitiveness, and promote sustainable growth in Việt Nam's transportation sector. He encouraged the Japanese company to expand its investments in areas where it has expertise, such as finance, insurance, and information technology.

The Government leader also hoped that Yamato Holdings would facilitate technology transfer to Vietnamese partners, enabling the country’s deeper participation in regional and global supply chains.

In response, Nagao Yutaka highlighted Japan’s labour shortage in the transportation sector due to an aging population, particularly in trucking. He expressed the company’s interest in establishing a professional driver training centre in Việt Nam and launching an AI research lab to develop technology applications for the transport industry. These initiatives aim to supply skilled labour and advanced technology for both Việt Nam's and Japan’s logistics sectors.

Recognising Việt Nam's growth potential, the business leader affirmed the company’s commitment to workforce training, digital transformation, and the application of AI and data science to Vietnam’s logistics and transport industries. He also revealed plans to collaborate with Vietnamese partners to expand investment in semiconductor supply chain development and other key industries recommended by the PM.

Source: VNS