Japanese businesses expand investment in Vietnam

When asked about the direction of business implementation in the next 1-2 years, 56.7% of Japanese businesses in Vietnam answered "expand".

The above information is a newly published survey by the Japan International Cooperation Agency (JETRO). This number shows interest and expectations in the market. In fact, many Japanese businesses are increasing investment in Vietnam.

Yakult Vietnam Co., Ltd. has been present in Vietnam since 2007. This year marked a memorable milestone for the business when it reached sales of 1 million bottles a day. Realizing that economic development and market growth create favorable conditions for health care products, the business wishes to expand its operations in the near future.

Mr. Toshihiko Haramoto - General Director of Yakult Vietnam Co., Ltd. said: "In 2007, in Vietnam, there were more digestive and infectious diseases than now, so with the mission of wanting to protect the health of everyone people, we have chosen Vietnam as a place to develop. Our next goal is to double sales, reaching 2 million bottles a day."

 Stable macroeconomics, abundant human resources and the ability to learn are Vietnam's strengths in attracting foreign investment capital. Illustration. (Source: Reuters)

Financial technology company Money Forward provides a financial management platform that has been headquartered in Vietnam since 2015, but is only a place for more than 200 Vietnamese technology engineers to design and develop products for customers. Japanese market. Coming here, the business will expand into the Vietnamese market.

Ms. Nana Nagai - General Director of Money Forward Vietnam Financial Technology Company said: "We will invest and develop our services in Vietnam including personal and business financial management. We are looking for potential startups in Vietnam's fintech sector to invest and cooperate."

Stable macroeconomics, abundant human resources and the ability to learn are Vietnam's strengths in attracting foreign investment capital.

Mr. Nakajima Takeo - Chief Representative of JETRO Hanoi assessed: "Vietnam has great potential, many engineers with good professional qualifications, young talents. Along with that, a population of 100 million people is a large market." potential for Japanese businesses".

In the past 11 months, Japan was the 5th largest source of FDI, reaching 3.1 billion USD. This number is expected to increase, because Japan is often in the top 3 countries and territories with large investments in Vietnam.

According to vtv.vn