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22 Oct 2018, Aleen Joy Jarasa, EMIS Editor

Vietnam expects to see more investments from Japan

Experts believe that Vietnam will receive a new wave of investments from Japan thanks to the improved bilateral ties and better business environment in the country, Vian Macroeconomic News has reported. The projection comes following the Vietnamese Prime Minister’s recent visit to Japan where big Japanese investors pledged billions of US dollars in funding. Medium and small-sized enterprises, which mainly focus on the domestic market, are also expected to participate in the said new wave of investments.

Due to its market potential, promising workforce and political stability, Japan considers Vietnam as an investment destination, particularly in the fields of agriculture, healthcare, retail, beauty services, and urban development, Umeda Kunio, Japanese Ambassador to Vietnam explained.

In the first nine months of 2018, Japan is Vietnam’s largest foreign investor with a total investment capital of US$7 billion, Vian Macroeconomic News has noted.

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