Japan considers Vietnam one of the most favorable investment destinations in Asia, said Japanese Ambassador to Vietnam Yamada Takio.

The fact that more and more major Japanese corporations are eyeing Vietnam as an attractive investment destination could form a new wave of foreign direct investment (FDI) from Japan to Vietnam in the coming time, according to Japanese Ambassador to Vietnam Yamada Takio.
Japanese Ambassador to Vietnam Yamada Takio and Politburo member Tran Quoc Vuong. Photo: Vietnam News Agency. |
Japan considers Vietnam one of the most favorable investment destinations in Asian, Takio stressed in a meeting with Executive Secretary of the Communist Party of Vietnam Central Committee’s Secretariat Tran Quoc Vuong on July 8.
According to Takio, Japan attaches significance to the Vietnam – Japan strategic partnership, as well as Vietnam’s role in the region and the global stage.
To further boost the bilateral relations, Politburo member Vuong requested Takio to contribute to the two countries’ cooperation, especially in investment, trade, economy and security.
As the Covid-19 pandemic goes on, Vuong hoped the Japanese government to continue providing support for the Vietnamese community in Japan.
Vuong wished the Japanese government and people to soon overcome the severe consequences left by torrential rains in the Kyushu region and other parts of the country.
Official data shows that out of 98 countries and territories investing in Vietnam in the first six months of 2020, Japan ranked fourth, ahead of South Korean which was in fifth place. Singapore took the lead with US$5.44 billion, or 34.7% of the total FDI to Vietnam. Thailand came second with US$1.58 billion, while the third place belonged to China with nearly US$1.58 billion.
Other News
- Economic cooperation - a highlight of Vietnam-Oman relationship
- JBIC prioritizes partnership with Vietnam
- Vietnam and India open new direct flights
- More foreign investors land in Vietnam's industrial parks
- ADB, LDC sign US$100 million loans to support smallholder farmer livelihoods
- Vietnam’s selective FDI attraction strategy yields early results
- FDI in Vietnam rises to 5-year high in Q1
- Vietnam - Laos strengthen cooperation in transport infrastructure, energy
- Construction of US$280-million Vietnam-Singapore Industrial Park III kicks off
- US$306-mln Sapa Airport project kicked off
Trending
-
Nearly one million Vietnamese students sit national graduation exam
-
Vietnam welcomes international cooperation in IUU fishing
-
Vietnam elected to UNESCO Intergovernmental Committee
-
Vietnam Gov’t allocates US$685 million in interest subsidy scheme for 2022
-
Vietnam intensifies partnership with Mekong nations
-
Hanoi approves 33 projects worth US$250 million in 2021-2025
-
Vietnam's National Assembly to legalize commitments at COP26
-
Vietnam looks for UK support in finalizing financial regulations: NA Chairman
-
UK multinationals pledge long-term presence in Vietnam