Japan keens to increase trade investment in Vietnam

Japanese businesses are increasing their investment in the trade and service sector in the southern region, said Mr. Takimoto Koji, head of the Japan External Trade Organization (JETRO) in Ho Chi Minh City.

According to the JETRO, the number of Japanese firms investing in Vietnam is 1,600 in various fields, such as food, textiles, machinery, electronic products, trade, service and more.

The supporting industrial sector has reached only 32 percent, focused primarily the supply of raw materials.  Vietnamese enterprises are applying advanced machine and using modern equipments to provide high-quality and precision products. They also should improve their operation, management and employees' skills to join the global supply chains of  supply equipment and components to Japanese companies.

By Minh Xuan – Translated by Kim Khanh

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