37 Japanese enterprises had decided to invest in Vietnam. This is the latest information that the Japan External Trade Organization (JETRO) released at the end of December this year. According to analysts, not only Japanese enterprises but many foreign enterprises from Europe, the US, Singapore, and South Korea also choose Vietnam as their investment destination. It has made Vietnam become the safest and most attractive destination for foreign investors in 2021.
The risk of a new outbreak of Covid-19 in Europe and the US has been raising concerns that supply chains of raw materials for production will break again. Therefore, foreign direct investment (FDI) enterprises that manufacture end products in Vietnam have been accelerating their capacity to expand domestic supply chains.
The four-day official visit to Vietnam of Japanese Prime Minister Yoshihide Suga is expected to create investment opportunities for Japan’s businesses in Vietnam, said Head of the representative office of the Japan External Trade Organization (JETRO) in HCMC, Hirai Shinji.
Survey conducted by the Japan External Trade Organization (JETRO) showed that 65.3 percent of 787 Japanese companies operating in Vietnam achieved high profits in 2018.
The Japan External Trade Organisation (JETRO) said with a young population, great potential and increasing trade growth, Vietnam is offering big opportunities for Japanese firms to expand their market.
Japanese enterprises in Vietnam are looking to employ a large number of high-quality staff, revealed Hiroyuki Ishige, Chairman and CEO of the Japan External Trade Organisation (JETRO).
Over 70 percent of Japanese businesses in a recent survey affirmed that they will expand investment, trading and production scale in Vietnam, said representative head of Japan External Trade Organization (Jetro) Takimoto Koji in HCMC at a meeting yesterday.
Deputy executive president of Japan External Trade Organization (JETRO) Yasukazu Irino appreciated the attraction of HCMC to foreign investors including Japanese firms at the meeting with chairman of HCMC People’s Committee Nguyen Thanh Phong yesterday.
Japan External Trade Organization (JETRO) said that Japanese businesses have exported in Vietnam an extra of 76 new products comprising confectionary, beverages, ice-cream and comic books.