The PlayStation Vita as well as the PS3 will be getting a new Legend of Heroes game from Falcom next year called The Legend of Heroes: Sen no Kiseki (translated as Trails in the Flash).
The game will be a full 3D RPG set on Zemuria continent and takes place at the same time as Legend Of Heroes: Trails in the Sky. The game will feature a new battle system called the "Tactic Link System" which was designed to be fast and intuitive.
The game will have voice acting as well as an "active voice" feature which allows players to hear people's conversation while walking in town (perhaps much like The Last Story). The camera can be rotated up to 360 degrees so players experience will have a full view of the map.
It probably doesn't need to be told but "The Legend of Heroes: Sen no Kiseki" will feature a crisp HD graphics.