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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Vietnam , Japan Firms , Expansion Plans

Next In Aseanplus News

Thailand bans civilian drones near five airports amid Thai–Cambodian border clashes
North Korea fires artillery salvo as it kicks off key party meeting
Nearly 900 people in Japan had drivers’ licences suspended for cycling while drunk
Spicejet set to add 100 flights to winter schedule after Indian govt cuts 10 per cent of IndiGo slots
Moo dunnit? Dog lets bull, horse into living room in Australia
Elderly Singapore man charged after he allegedly molested then 12-year-old girl in church
IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
Indonesia pushes back on Bali’s plan to ban Airbnb rentals
Biased judging drama as gold-medal hopefuls Humaira-Jason crash out in poomsae quarters
Families on both sides caught in crossfire as Thai-Cambodian fighting continues

Others Also Read