Japanese enterprises operating at Hung Yen’s industrial park are pleased with favourable conditions they have received here, with many planning to expand their investment, according to Japanese Ambassador to Vietnam Yamada Takio.
Despite significant deals from Japanese investors during the first five months of the year, the development of mergers and acquisitions in real estate remains uncertain in the second half of the year due to the long-term impact of the coronavirus pandemic.
Despite the current global woes, investors around Asia are ramping up their merger and acquisition (M&A) activities in Vietnam.
VOV.VN - The Vietnamese Government is committed to putting in place optimal conditions in which Japanese firms can invest and do business in the country, said Vietnamese Ambassador to Japan Vu Hong Nam during a seminar in Tokyo on September 19 aimed at enhancing trade links with the southern province of Dong Nai.
The real estate sector has announced a number of joint venture projects with the Republic of Korea (RoK) and Japan in the past three years.
The Japanese company Yaegaki, Inc. is expected to invest 50 million USD in the Vietnamese-based TMS Group’s real estate projects under a cooperation memorandum of understanding (MoU) signed between the two in Tokyo on July 1.
An investment promotion conference was held in Tokyo on July 1 where Prime Minister Nguyen Xuan Phuc said Vietnam will be the “promised land” for Japanese investors.
Vietnam encourages high-quality projects invested by Japanese corporations, Prime Minister Nguyen Xuan Phuc said, pledging to organise regular dialogues to tackle difficulties for Japanese investors.
A complex intended to connect Japanese and Vietnamese firms involved in supporting industries will be developed in the Hanoi Southern Supporting Industrial Park (HANSSIP).
The central province of Nghe An on April 26 held a conference to seek closer cooperation between the locality and Japanese investors.
Ha Nam province will create favourable conditions to attract more Japanese businesses to invest in local projects, said Vice Chairman of the provincial People’s Committee Truong Quoc Huy.
VIR has talked with Eximbank’s Mochizuki Masashi, senior director of Japanese Customers, and Yutaka Moriwaki, board member, senior director, and head of the Eximbank Restructuring Project, to gain a closer look into investment trends and the Japanese bank’s strategic investment.
Vice Chairman of the Ho Chi Minh City People’s Committee Tran Vinh Tuyen has called on Japanese investors to join the city’s urban development projects, such as infrastructure building, equipment provision and management consultation.
Chairman of the Hanoi People’s Committee Nguyen Duc Chung has assured Japanese businesses that the capital city of Vietnam will be an attractive and successful investment, business and tourism destination for them.
Driven by better performance in 2017, around 70 per cent of Japanese businesses in Vietnam are planning to expand their business activities in the country to cash in on the huge growth potential.
Sakura Color Products Vietnam inaugurated its factory producing crayons and pens in the southern province of Binh Duong on November 22.
Hanoi’s authorities are committed to creating a favourable business climate for Japanese investors, said Deputy Chairman of the municipal People’s Committee Nguyen Doan Toan.
Japan Desk, which serves as a bridge between Japanese businesses in the Mekong Delta city of Can Tho and local authorities, made its debut at the 59th Asia Business Conference in the city on November 4.
Vietnam’s resort real estate market has strong potential to develop, Japanese investors remarked at an event held by the property developer FLC Group in Tokyo on September 7.
A number of Japanese investors have agreed to help revitalize the eight-kilometer Xuyen Tam Canal in Ho Chi Minh City after a recent meeting with city leaders in Tokyo.