News Snapshot:
As of June 20 there were 4,716 Japanese investment projects in Vietnam, with the registered capital of just over $63 billion, according to the Foreign Investment Agency under Vietnam’s Ministry of Planning and Investment. Japan is a long-standing strategic companion of Vietnam and over time, the two countries are well-positioned to enhance economic ties.The urgent need for Japanese companies to increase their footprint in Vietnam has been the main driving force to attract strong interest, partly because Vietnam has maintained positive growth in GDP despite the COVID-19 pandemic.However, the manufacturing industry, which accounted for the majority of companies expanding into...
