Japanese investment in Vietnam tops 37.5 billion USD

Japanese funding accounted for 14.3 percent of the country's total foreign-invested projects, as well as 14.6 percent of the total foreign direct investment registered here. Up to 1,344 Japanese-invested projects were involved in the processing and manufacturing sector.

The latest statistics from the Ministry of Planning and Investment's Foreign Investment Agency revealed that Japan ranked second among the countries and territories investing in Vietnam during the reviewed period.

Vietnam remained an attractive destination for Japanese investors, with 60 percent of Japanese investors in the country remaining profitable. Investors are attracted to Vietnam because of low labour costs and government investment incentives for foreign investors.