Vĩnh Phúc seeks to attract more strategic investors from Japan

March 09, 2023

VĨNH PHÚC — The People’s Committee of Vĩnh Phúc held a conference on Wednesday to attract more strategic investors from Japan to the northern province. Other businesses noted that Việt Nam is a big market, and Vĩnh Phúc boasts favourable conditions. By the end of 2022, Vĩnh Phúc was home to 1,270 investment projects, including 445 foreign direct investment (FDI) projects worth US$7.55 billion and 825 domestic direct investment ones worth over VNĐ121 trillion ($5.1 billion). Among the 20 countries and territories investing in the province, Japan ranked second with 58 projects worth more than $1.6 billion, after the Republic of Korea in registered capital. Most Japanese investors in Vĩnh Phúc are operating in mechanics, automobile and motorcycle production, electronics manufacturing, and industrial park infrastructure development.

The source of this news is from Vietnam News