Saturday, 16/11/2024
Bắc giang 31 °C / 23 - 32 °C
Hotline: +84.0204.3 856 624

Business
Hot news:
Business
icon
0.5 1.0 1.5
Shares:
icon-zalo

57 pct of Japanese firms in Vietnam plan to expand

Updated: 15:00, 09/02/2021
Vietnam is the market where the highest ratio of Japanese firms has expansion plans, 57 percent, a poll has found.

The poll by Japan’s Pasona Group Inc of Japanese companies operating in 11 countries and territories said Vietnam was followed by India (55 percent) and Thailand (50 percent).

{keywords}

Workers assemble cars in a factory of Toyota Vietnam in the northern province of Vinh Phuc. Photo courtesy of Toyota Vietnam.

The poll last December asked 818 firms operating in the U.S., Canada, Hong Kong, Taiwan, South Korea, Thailand, Vietnam, Malaysia, Singapore, Indonesia, and India.

In Vietnam, 36 percent said they would keep operations at the same level while the rest did not have plans.

By last year 37 out of 81 Japanese firms receiving government subsidies to move their factories out of China to other countries have opted for Vietnam.

"Vietnam currently tops the list of investment destinations among Japanese firms choosing to diversify their supply chains," Japanese ambassador to Vietnam, Takio Yamada said.

Japan was the sixth largest investor in Vietnam last year with $786 million.

Vietnam culls 100,000 fowl as bird flu looms large
Vietnam has culled more than 100,000 fowl so far this year following outbreaks of the highly pathogenic H5N1 and H5N6 bird flu strains in 14 localities.
Bac Giang: Making contributions for happy spring
(BGO) - While everyone is busy cleaning their houses and buying goods to prepare for the Lunar New Year (Tet) holiday, many Bac Giang officials, civil servants, and workers in some fields such as environment, health, security, and national defense still diligently work. For them, successfully fulfilling the assigned tasks is also a way to welcome the spring and the New Year.

Source: VnExpress

Shares:
icon-zalo
57-pct-of-japanese-firms-in-vietnam-plan-to-expand.bbg

Reader's comments (0)

Your comment...