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Japanese businesses prioritize investment in Vietnam

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Friday, 06/03/2016, 11:57

Others
FDI to HCM City
decreases by 38%

VOV.VN - Around 53.5% of the surveyed Japanese businesses chose Vietnam as their investment
destination in ASEAN, up 4.9% over last year, according to a survey conducted by Mizuho Research
Institute on 1,100 businesses.

Vietnam leads in German business blitz

Unleashing agricultures potential in Vietnam
Japanese electronic manufacturing plant
inaugurated in Quang Ngai
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blitz
Being a member of Trans-Pacific Partnership (TPP) Agreement is one of Vietnams
advantages, said Japanese investors.

Relating to plans to expand investment in 12 TPP member countries, 12.8% of the

surveyed businesses chose Vietnam, 10.7% chose Japan while 4.9% chose the US.

Japanese electronic
manufacturing plant
inaugurated in Quang
Ngai
FDI to HCM City
decreases by 38%

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with Vietnam
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Another survey conducted by the Japan External Trade Organization (JETRO) early
this year showed that more than 60% Japanese businesses operating in Vietnam

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planned to expand their investment and considered it an important investment

destination.
Japanese businesses named low labour cost, social and political stability, good
investment environment and growth ability as Vietnams advantages.
The survey also said that Japanese businesses put a high hope on the
establishment of the ASEAN Economic Community (AEC) with simplification of
customs procedures, tax removal and unity in certificate of origin (C/O).
JETRO conducted the survey on 1,027 Japanese businesses, 364 of which invested
in manufacturing and 193 others in non-manufacturing industries and services in

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Vietnam.
Around 58.8% of the surveyed businesses said they gained profits, down 3.5% while
26.2% suffered loss, up 1.3%, according to the survey.
In general, Vietnam has remained a trusted destination of Japanese investors.
Japans investment in Vietnam will help the country improve its competitiveness in
fields requiring highly qualified workers like engineering, manufacturing and
electronics.
VOV

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Japan asked to help Vietnam finalize major infrastructure projects
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Japan investment to take off

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TAG : Japan, AEC, JETRO, investment, Mizuho, manufacturing

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Editor-in-chief: PHAM MANH HUNG
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