Japan Fully Appreciates the Investment Environment in Vietnam

Vinanet - Japan is currently the second largest foreign direct investment (FDI) partner in Vietnam. They confirms that the investment environment in Vietnam is still very attractive.
Japan Fully Appreciates the Investment Environment in Vietnam
JETRO: Many Japanese firms want to expand investment in Vietnam
According to the statistics of the Ministry of Planning and Investment, Japan has invested 3,551 projects in Vietnam with a total registered capital of $ 46.3 billion, making up 14.7% of the total number of projects and FDI registered capital in Vietnam with the presence of many big names such as Honda, Toyota, Sumitomo, Aeon ...

In the framwork of Nikkei Asian Review Forum oganized recently in Vietnam, Shosuke Mori, Executive Vice President, Sumitomo Mitsui's International Banking Unit, said that Vietnam had a impressive economic growth rate in the past 20 years, was one of the few countries in the ASEAN region that achieved a growth rate of over 5% in recent years. In addition, the World Monetary Fund (IMF) forecasted that Vietnam's GDP per capita wouldl reach US$ 3,350 by 2017 and US$ 3,500 by next years.
Along with economic growth, Vietnam is also extremely attractive to Japanese investors because of its geographical location in the heart of ASEAN region, favorable business environment, abundant and hard working labor force. The political and cultural environment of Vietnam have many things in common with Japan.


In addition, Japanese investors also affirm that Vietnam is integrating deeply with the regional and world economy through bilateral and multilateral FTAs. The Government of Vietnam is very active in improving the business environment by simplifying administrative procedures, improving infrastructure, boosting the equitization of SOEs. This is of interest to Japanese investors in Vietnam market.

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