Vietnam as Future Investment Destination

According to the survey of Japan External Trade Organisation (JETRO) with the Japanese enterprises who are operating in six ASEAN countries including Vietnam, Indonesia, Malaysia, Philippines, Singapore and Thailand, and Hong Kong, China, India and Korea, 71.5 percent of them uncovered that they make profit in 2006 despite the increasing input materials and salary in these markets during the past time.

 

The enterprises show their confidence in the business perspectives in 2007, especially in the markets of Vietnam, India and China. The proportion of Japanese enterprises believing in their business prospects in Vietnam is 51, 5 percent and the number of Japanese enterprises about to expand their operations is increasing by 3.8 percent compared with the number of last survey.

 

Most of Japanese companies assess that Vietnamese market is cheaper than the others. Many of them say that Vietnam, China, India and Thailand will be their first choices for their investment and operations within next 5 to 10 years.