ex. Game, Music, Video, Photography

Japanese companies mainly positive about doing business in Vietnam

But concerns have been raised about the country's limited supporting industries.

Ngày đăng: 13 tháng 9, 2021
Cập nhật: 17 tháng 1, 2023
Lượt xem: 309186621
Nguồn: vnexpress

Nearly 70 percent of Japanese businesses plan to expand their Vietnam operations this year, according to the Japan External Trade Organization (JETRO)'s annual business confidence survey, up from last year’s over 60 percent.

The rate was the highest among 19 countries and territories surveyed by the Japanese business chamber, said Takimoto Koji, director of JETRO’s office in Hanoi.

The annual survey, conducted between October and November, revealed Japanese companies still feel welcome in Vietnam due mainly to political and social stability, the market size and growth potential.

88 percent of respondents identified surging revenue as the main reason for expanding their existing businesses in Vietnam.

Over 60 percent of Japanese companies reported profits in 2016, up 4 percentage points from a year ago, according to JETRO.

Meanwhile, 46 percent, mostly from the manufacturing sector, justified their expansion plans by saying there is more potential for growth in Vietnam.

Nearly 23 percent felt increasingly welcome in the country thanks to stronger partnerships with local businesses.

Vietnam’s business climate was ranked fourth out of the 19 countries and territories surveyed, with 63.4 percent of respondents positive about the country’s social and political stability and more than 50 percent positive about market scale, growth potential and low-cost labor, the survey said.

Related news:

>Japanese investors ready to pour $2 bln into Vietnam’s real estate market

>Vietnam's retail market hits $118 billion amid M&A spree


Tin tức liên quan

  Cycling becomes hot trend in Hanoi
life 25/11/2022

Cycling becomes hot trend in Hanoi

trend | 434726597

For a year or so, Quoc Huy, 62, has felt excitement every evening as he takes his bicycle out of the garage. Cycling has become an integral part of his evening routine.

 Coffee giant Trung Nguyen opens new franchise
business 30/03/2021

Coffee giant Trung Nguyen opens new franchise

companies | 156666654

Trung Nguyen has opened E-Coffee, a small scale coffee shop franchise targeted at takeaway customers.

Video emerges of
world 13/09/2021

Video emerges of 'son' of assassinated Kim Jong-Nam

world | 305676589

He claimed to be Kim Han Sol, Kim Jong Nam's son.

 Ambient music: Space with Rifain - Tomes - Quan
travel-life 12/04/2021

Ambient music: Space with Rifain - Tomes - Quan

what-s-on | 186396643

Enjoy a relaxing evening with live electronic ambient music at Savage.

 Facebook wants to turn campus into a
business 01/04/2021

Facebook wants to turn campus into a 'village'

companies | 176426642

'Our hope is to create a physical space that supports our community and builds on our existing programs.'

 US warns China on force at sea, again rejects claims
news 24/03/2021

US warns China on force at sea, again rejects claims

news | 85066639

The United States on Friday warned China against the use of force in disputed waters as it reaffirmed its view that Beijing's assertive campaign in the South China Sea is illegal.

 Chamber concert: Saigon Chamber Music Festival
travel-life 17/03/2021

Chamber concert: Saigon Chamber Music Festival

what-s-on | 67165932

Ho Chi Minh City Conservatory

Xuan Quynh first Vietnamese woman on Google Doodle
news 13/09/2021

Xuan Quynh first Vietnamese woman on Google Doodle

news | 305286637

Xuan Quynh, Vietnam's most famous modern female poet, has been honored on her birth anniversary by Google Doodle Sunday.

Link Tài Trợ - Sponsored Links

Công Thức Vật Lý
Loading…