Japan tops investors in VN with US$36.5 bln in FDI

08:07 | 03/12/2014

VGP – As of the end of October 2014, Japan poured US$36.5 billion in Foreign Direct Investment (FDI) in Viet Nam, ranking first among nations and territories investing in Viet Nam.

Illustration photo

Senior Vice President, General representative of Mitsubishi office in Viet Nam Shimon Tokuyama confirmed the information on the sidelines of the Viet Nam Business Forum on December 2.

He highly valued the Vietnamese Government’s efforts in amending and supplementing the Law on Enterprises and the Law on Investment, which are aimed at improving the national competitiveness.

Over the past 10 months of 2014, Viet Nam raked in US$12.33 billion from exports to Japan, a year-on-year increase of 10.99%.

Garment ranked first among items shipped to Japan with US$2.16 billion, up 9.54% and accounting for 17.54% of the total. It was followed by transportation means and spare parts with US$1.7 billion, accounting for 13.76% of the total.

By Thuy Dung