Japanese Investment in Vietnam Hit a Record High

In recent years, Japanese investors continued to invest in Vietnam. The total direct investment of Japan in Vietnam in 2017 reached 8.5 billion USD, 4 times higher than last year’s and become the highest ever.

According to the Ambassador of Japan to Vietnam, such a high level of investment is one of the factors showing that 2017 becomes a very special year in the history of Vietnam – Japan relations.

Another reason is that the high-level visits between the two countries are ongoing from the beginning to the end of the year, especially the visit of the Emperor at 83 years old.

Japan Prime Minister Shinzo Abe also visited Vietnam twice in 2017, in January and November. Vietnam also successfully organized the APEC Economic Leaders’ Week and the TPP Ministerial Conference. In which, Japan also contributed to this success through close cooperation with Vietnam, including the joint organizing of TPP Ministerial Conference with Vietnam. In addition to economic cooperation, Vietnam and Japan have also strengthened their cooperation in the fields of human resources development, health care, non-refundable aid and defense…

About 230,000 Vietnamese are living in Japan. The number of Vietnamese trainees in Japan has increased eight times in the past five years to more than 100,000, surpassing China to become the country with largest trainee number in Japan.

It is expected that more Japanese companies will make investment in Vietnam through M&A acquisitions or FDI by setting up company in manufacturing, real estate, retail…