JETRO: 66% of Japanese businesses to expand operation in VN

10:54 | 06/02/2015

VGP – 66% of the total Japanese enterprises expect to expand their business in Viet Nam, regarding the Southeast Asian nation as the crucial investment destination.

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The Japan External Trade Organization (JETRO) has completed the survey on the business operations of Japanese-affiliated firms in Asia and Oceania in 2014.

The survey refers to four key factors in Viet Nam, including the expansion of operation, risks in the investment environment, supply of materials and accessories, and prospects on international integration.

In term of risks stemming from the investment environment, the administrative procedures and infrastructure in Viet Nam have been improved, the survey said.

To enhance competitiveness in expenditures, Viet Nam needs to support businesses in the auxiliary industry with low-interest rate, preferentiality on tax, and human resource training.

By Thuy Dung