Vietnam is a strong candidate among the alternative investment destinations as Japanese enterprises are moving away from China due to the COVID-19 pandemic, according to Hirai Shinji, the Chief Representative of of JETRO in Ho Chi Minh City

Production and revenue of Japanese enterprises in Vietnam are expected to fall at 70 percent in the second quarter of 2020, the results of the latest survey showed.

In the wake of an ageing population and the narrowing domestic market, Japanese businesses are expanding to the new fields of digital technology, healthcare, the Internet of Things, and services across the ASEAN, including in Vietnam. 

Japan’s electronics maker Sharp is planning to shift production of personal computers from China to Vietnam for shipment to the United States, NHK reported.

Japanese investors, after years of working with different markets, have concluded that the real estate market in Vietnam appears to be most attractive in Southeast Asia.

 Mr. Atsusuke Kawada, Chief Representative of the Japan External Trade Organization (JETRO) in Hanoi, tells VET’s Quynh Nguyen about Vietnam’s business climate in 2016 and his expectations for the years ahead.

 VietNamNet Bridge - Japanese investors have poured money in all sectors of business in Vietnam, including many high-profit industries such as agriculture, real estate and M&A.

 President of Japan's House of Councillors Yamazaki Masaaki began an official visit to Vietnam from December 7.