On the afternoon of October 10, 2025, Mr. Trần Duy Đông – Deputy Secretary of the Provincial Party Committee and Chairman of the Phu Tho Provincial People’s Committee – received and held a working session with representatives of Colowide MD Co., Ltd. (Japan) and N&V Bridge Co., Ltd. (Vietnam), who visited Phu Tho to learn about the local environment and potential cooperation opportunities in agricultural investment.
Introducing Phu Tho’s Potential for Agricultural and Industrial Development
Chairman Trần Duy Đông briefed the delegation on Phu Tho Province’s strengths, investment advantages, and human resources, emphasizing its favorable conditions for both domestic and international investors.
In addition to industrial development, agriculture remains a key pillar supporting the province’s rural economy. Phu Tho has established several specialized agricultural production zones, including fruit cultivation, tea production, high-quality rice, large timber forests, aquaculture, and livestock farming.
Many local specialties have become recognized brands such as Phu Tho tea, Doan Hung pomelo, Cao Phong oranges, Lac Thuy chicken, Thanh Son fermented pork, and Hoa Binh purple sugarcane. Numerous agricultural products from Phu Tho have already been exported to major markets such as China, Japan, the United States, and Europe.
Foreign Investment and Japanese Presence in Phu Tho
Chairman Trần Duy Đông highly valued the contributions of foreign enterprises investing in Phu Tho Province.
As of now, the province has attracted 725 foreign direct investment (FDI) projects. Among these, Japan ranks second in the number of projects (79 projects) and first in total investment value, with a combined capital of approximately USD 2.1 billion.
Phu Tho is home to several major Japanese industrial enterprises, including Toyota and Honda. In the agricultural sector, the Tam Dao Cattle Farm and Beef Processing Complex, a joint venture between Vietnam’s Vinamilk and Japan’s Sojitz Corporation, serves as a model of effective international cooperation.
The Chairman affirmed that Phu Tho always welcomes high-efficiency, green, and clean agricultural projects, and the province is committed to providing maximum support to investors through favorable mechanisms, transparent policies, administrative facilitation, infrastructure development, and workforce training to ensure the successful implementation of investment projects.
Colowide MD’s Investment Intentions in Phu Tho
Mr. Isono Takeo – Chief Executive Officer of Colowide MD Co., Ltd. (Japan) – expressed his gratitude to Chairman Trần Duy Đông for the warm welcome and productive discussion.
He introduced Colowide MD as part of one of Japan’s leading food service corporations, which began operations in 1977 and now manages over 2,500 outlets across Japan, with 62 subsidiary companies and 393 outlets in 14 countries worldwide.
Colowide MD, in partnership with N&V Bridge Group, expressed its desire to invest in agricultural infrastructure and develop local processing plants in Phu Tho, built to Japanese standards, to serve export demands.
The consortium hopes that Phu Tho Province will facilitate favorable conditions for the project’s early implementation.
Commitment from Phu Tho Province
Agreeing with the proposal from Mr. Isono Takeo and the Colowide MD – N&V Bridge joint venture, Chairman Trần Duy Đông assigned the Phu Tho Investment Promotion and Enterprise Support Center to act as the focal point, coordinating with Colowide MD Co., Ltd. (Japan), N&V Bridge Group, and relevant agencies to accelerate the realization of the proposed agricultural cultivation and processing plant project in Phu Tho.
Toward Long-Term Cooperation in Green Agriculture and Circular Economy
The Colowide MD – N&V Bridge joint venture aims for long-term cooperation in projects related to green agriculture, deep processing, and circular economic models, thereby contributing to enhancing the value of Vietnamese agricultural products and promoting sustainable cooperation between Vietnam and Japan.
As an international bridge, N&V Bridge Group continues to reaffirm its role in strengthening Vietnam–Japan collaboration, expanding investment opportunities, and delivering tangible value to Vietnam’s socio-economic development.
