Japanese firms keen on Vietnam
Monday, February 10,2020
AsemconnectVietnam - About 64 percent of Japanese enterprises plan to continue expansion of their business in Vietnam due to its favourable investment environment.
Chief Representative of Jetro Hanoi Takeo Nakajima presented the figure as part of the Japan External Trade Organisation (Jetro)'s survey on Japanese investment in Asia and Oceania 2019 to Deputy Minister of Industry and Trade Do Thang Hai at their meeting in Hanoi on February 6.
Takeo Nakajima was quoted by the Cong thuong (Industry and Trade) newspaper as saying: “The investment environment in Vietnam has many advantages for Japanese businesses, such as political and social stability, ideal living environment for foreigners and cheap labour costs."
According to this survey, 65.8 percent of Japanese enterprises doing business in Vietnam have been profitable, especially the manufacturing sector, which accounts for 80 percent of profitable firms.
The number of newly established Japanese businesses has also increased in Vietnam.
Masan successfully disbursed Phase 1 of USD650 million syndicated loan
Viettel Global (VGI)'s consolidated revenue exceeded USD1 billion, pre-tax profit over VND3,000 billion in 2022
Gelex (GEX) sets a profit target of nearly VND1,300 billion in 2023
VIX Securities (VIX) expected to increase profit after tax by 73.1% to VND540 billion in 2023
VietinBank Securities (CTS) sets a profit target of more than VND230 billion in 2023, paying 10% dividend
Thai Nguyen International Hospital (TNH) sets a profit after tax plan of VND150 billion in 2023
Lienvietpostbank's own path for 15 years
PVMachino (PVM) divested from Nippon Seiki for over VND149 billion
SSI Research revised down forecast PV Gas’s revenue and net profit in 2023
Petrosetco's profit (PET) decreased by 50% to VND35 billion in the first 2 months of 2023
GC Food (GCF) target VND523 billion revenue in 2023
Mobile World (MWG): Revenue of Mobile World and Dien May Xanh chains down 32% in the first 2 months of 2023
SHS Securities reported a profit of VND197.2 billion in 2022 after the audit
IDI Multinational Development and Investment (IDI): Profit expected down 66.7% to VND186 billion in 2023
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...
