Japan Firms to Boost Investments in Vietnam: Official
Japanese companies will raise their investments in Vietnam in the years to come, according to Vietnam's Counselor for Investment Le Huu Quang Huy.
Huy said that besides advantages of political and social stability, Vietnam meets many demands of the Japanese firms such as an abundant human resource, a gateway to ASEAN and a favorable place for their investment.
The enterprises from Japan are keen on the fields of infrastructure, manufacturing, supporting industry and finance, insurance, researching and mining processing in Vietnam, Huy noted.
Many Japanese companies are interested in long-term projects in the Southeast Asian nation.
Japanese firms poured $20.55 billion into 1,260 projects in Vietnam as of November 20, ranking the 3rd among the countries and territories making investment in the communist country.
Besides Japan, many other investors, including those from the U.S., South Korea and Taiwan are eying to boost their investments in the Vietnamese market in the coming years. (Investment)
Vietnamese
