ASEAN KEY DESTINATIONS
Japan Desk launched to help investors in Ha Noi
The Investment Promotion Centre under Ha Noi's Department of Planning and Investment and Forval Vietnam jointly launched the Japan Desk last week to assist Japanese investors in the city.
The desk will focus on eight main activities, such as providing information on the investment environment in Ha Noi, introducing partners for investment and solving the difficulties faced by Japanese firms in the city.
Talking with Dien Dan Doanh Nghiep (Enterprise Forum) newspaper, Masahiro Ariga, chairman of Forval Vietnam, said that small and medium sized enterprises in Japan are tending to make investments abroad, including Viet Nam.
"Only Vietnamese agencies such as the Ha Noi Department of Planning and Investment can provide useful information on Viet Nam and the contact points for Japanese firms.
I think this is very necessary for the investors in Viet Nam. Therefore, I do not think that the Japan Desk has come into operation late. I think it is essential to assist Japanese enterprises for a long time," he said.
Japan is the biggest of 101 countries and territories that have invested in Viet Nam as of last month with cumulative investment of US$35.4 billion in more than 2,237 projects, according to the Foreign Investment Agency.
The average capital of Japanese projects is also the highest at $15.8 million.
While Japanese investors have a presence in most sectors, manufacturing and processing account for a lion's share of their investments at nearly $30 billion. It is followed by property at $1.4 billion and construction at $1.05 billion.
Thanh Hoa Province topped investment destinations with total capital of $9.67 billion, followed by Binh Duong with $4.18 billion, and Ha Noi with $3.86 billion. — VNS
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below