Japanese Investment into Vietnam Continue to Flourish

Japanese Investment into Vietnam Continue to Flourish

"In 2018, Vietnam's economy is forecasted to continue to grow well. There will be more Japanese businesses investing in Vietnam," said Hironobu Kitagawa, Chief Representative of Japan External Trade Organization (JETRO) in Hanoi.

Investment in Vietnam - By the end of 2017, Japanese investors have invested in 3,599 FDI projects with a total registered capital of US$ 49.46 billion, ranked second among investment partners in Vietnam after South Korea. In 2017 alone, Japan is the leading country among 115 countries and territories investing in Vietnam, with a total registered capital of more than US$ 9 billion, accounting for 25% of the total FDI.

There are many reasons why Japanese investors are interested in the investment environment in Vietnam, and one of the most important reasons is that Vietnam's economic growth in recent years has achieved impressive results. In 2017, Vietnam's economic growth rate reached 6.81%, exceeding the target 6.7%. In 2018, Vietnam continues to be forecasted to achieve good growth; so many Japanese investors said they would continue to boost investment in Vietnam.

Previously, Japanese investors focused on the manufacturing and processing sectors, but the recent period has turned more attention to services and agriculture.

/baocongthuong.com.vn/

Related news

INDUSTRIAL PARKS