Vietnam’s real estate sector has witnessed significant participation from Japanese investors through cooperation with Vietnamese businesses recently, promising to bring benefits to the real estate market.
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.
Yamato Sewing Machine Manufacturing Company from Japan plans to build a factory in Da Nang Hi-Tech Park providing sewing machines, spare parts and accessories as well as automotive equipment in sewing industry.
Japan has been the fourth largest investor out of 92 nations and territories investing in HCMC and third largest trade partner of the city, said standing deputy chairman of the HCMC People’s Committee Le Thanh Liem last night.
Deputy Prime Minister Trinh Dinh Dung yesterday received Mr. Yoshinori Katayama, deputy chairman of Japanese Mitsubishi Group which is one of the investors of Vung Ang 2 Thermal Power project at Government headquarters.