Vietnam Has Become An Investment Destination For Japanese Garment Enterprises.
The Japanese Foreign Trade Organization (JETRO) said that there are about 1000 Japanese companies operating in Vietnam. Japanese entrepreneurs believe that Vietnam is a very advantageous investment destination, and Vietnam has enormous industrial potential, especially the textiles and clothing sector.
There are only 1000 Japanese companies in Vietnam, while in Thailand there are about 7000-8000 Japanese companies.
However, compared with Thailand, Vietnam can provide low labor costs and the consumer market is growing rapidly.
If Vietnam's economic growth reaches 6.5% or higher, Japan's foreign trade organization must play an important role in helping Japanese investors obtain Vietnamese business opportunities.
The Group intends to take part in the METALEX Fair held in Hu Zhiming in early October, which will help Japanese investors expand their business in Vietnam.
Vietnam expects to attract $220-250 billion in new foreign direct investment and additional funds this year, which will be much higher than the previous year's US $16 billion.
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