Japanese Investors Inject More Capital into Vietnam

3:26:43 PM | 7/8/2005

Japanese Investors Inject More Capital into Vietnam

 

Forty-three Japanese-invested projects in Vietnam were licensed to raise their total investment capital by US$347 million in the first half of this year, according to the Ministry of Planning & Investment.

 

Such projects as Canon, Honda Vietnam and Toto were allowed to raise investment by at least US$50 million each.

 

Vietnam also licensed 43 South Korean investment projects to raise their investment capital by US$89 million and 40 Taiwanese projects to raise capital by US$80 million in the period.

 

By the end of May this year, Vietnam had attracted 527 investment projects from Japan with total registered investment capital of US$5.9 billion, making Japan the third largest foreign investor in Vietnam, after Singapore and Taiwan.

  • Investment