Vietnam-a top destination for Japanese businesses

Vietnam was one of the leading destinations for Japanese businesses in 2011, which provided total investment capital of US$1.84 billion this year, according to the Japan External Trade Organization (JETRO).

Japan’s 208 projects operated in Vietnam during the year, an increase of 82 percent against 2010, in which production and processing projects accounted for 54 percent, followed by those in the commerce-service sector, with 15 percent. In particular, a series of Ministop retail shops has entered the Vietnamese market to meet domestic demands.

At the same time, businesses from the Republic of Korea run 270 projects in Vietnam, up 5 percent compared to 2010, while Singapore continued to penetrate the Vietnamese market with 105 projects, a rise of 19 percent compared to the previous year.  - VOV

Tags: invest in Vietnam, Japan investment in Vietnam, Vietnam FDI, Vietnam investment

Posted by VBN on Jan 3 2012. Filed under Investment. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry