Japanese firms choose Vietnam for production expansion


The Japan-invested Honda Vietnam plant in Vinh Phuc Province. - Vietnam News/ANN

HANOI, July 26 (Vietnam News/ANN): Fifteen Japanese firms chose Vietnam as the destination for their production expansion within the Japanese government’s programme to support Japanese firms to diversify their value chains in foreign countries, according to the Japan External Trade Organisation (JETRO).

Speaking at a press conference about the programme, Takeo Nakajima, chief representative of JETRO in Hanoi said that among 30 Japanese firms selected by Japan’s Ministry of Economy, Trade and Industry (METI) from 124 applicants to provide supports to expand production in ASEAN, 15 selected Vietnam.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Vietnam , Japan Firms , Expansion Plans

   

Next In Aseanplus News

Panda Watch: How can Hong Kong cash in on panda economy as cubs reach 100-days milestone?
A chess extravaganza awaits as Singapore hosts World Chess Championship from Nov 25
Complaints on deepfake sex crimes surge in South Korea
Cricket-India win toss, bat first in series opener v Australia
China war scenario calls for US boost in defence spending to more than 3% of GDP
China resident builds fire escape door, stairs to nearby block, ordered to restore structure
Trainees urged to uphold integrity and avoid corruption, says IGP
RM1,530 for a coffee? Scottish farm sells Britain's most expensive cup of Joe
Five tourists dead, including British woman and Aussie teen, after suspected tainted alcohol poisoning in Laos
UPNM cadet claims trial to causing hurt to junior using spiked boot in latest bullying case

Others Also Read