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Investment firm list

57 pct of Japanese firms in Vietnam plan to expand

The poll by Japan’s Pasona Group Inc of Japanese companies operating in 11 countries and territories said Vietnam was followed by India (55 percent) and Thailand (50 percent).The poll last December asked 818 firms operating in the U.S., Canada, Hong Kong, Taiwan, South Korea, Thailand, Vietnam, Malaysia, Singapore, Indonesia, and India.In Vietnam, 36 percent said they would keep operations at the same level while the rest did not have plans.By last year 37 out of 81 Japanese firms receiving government subsidies to move their factories out of China to other countries have opted for Vietnam."Vietnam currently tops the list of investment destinations among Japanese firms choosing to diversify their supply chains," Japanese ambassador to Vietnam, Takio Yamada said.Japan was the sixth largest investor in Vietnam last year with $786 million. … [Read more...] about 57 pct of Japanese firms in Vietnam plan to expand

Vietnam remains second most favorite destination among Japanese firms shifting production: JETRO

The Hanoitimes - Vietnam’s stable social-political environment and a fast-growing market are the country’s advantages in attracting investment capital from Japan, said the head of JETRO in Hanoi. A survey conducted by the Japan External Trade Organization (JETRO) in Hanoi revealed that 18.1 per cent of Japanese firms are looking to shift production to Vietnam, making the country second in the list behind Thailand (20%). JETRO’s Chief Representative Takeo Nakajima (r) and Director of the Ministry of Planning and Investment’s Foreign Investment Agency Do Nhat Hoang (l). Photo: Nguyen Tung. “This indicates high hopes that Japanese companies have for Vietnam’s business environment amid Covid-19 pandemic,” JETRO’s Chief Representative Takeo Nakajima told Hanoitimes at the launch of the survey, which was participated by 145 Japanese firms, on February 8. Top 5 countries that Japanese firms are considering to move to. Data: JETRO. Chart: Nguyen … [Read more...] about Vietnam remains second most favorite destination among Japanese firms shifting production: JETRO

M&A as shortest way for foreign firms to penetrate Vietnam market

The Hanoitimes - For the first time, the Vietnamese government would issue a list of sectors with limited market access for foreign investors under the negative list principle. Mergers and acquisitions (M&A) is the shortest way for foreign firms to penetrate the market and expand their activities in Vietnam with high efficiency and significant cost savings, according to Vice Minister of Planning and Investment Tran Quoc Phuong. Vice Minister of Planning and Investment Tran Quoc Phuong at the forum. Source: MPI. Over the years, M&A has become an efficient capital mobilization channel and contributed to the ongoing restriction of economic activities, as well as the diversification of ownership types of enterprises, stated Mr. Phuong at the annual M&A Vietnam Forum held on November 24. Mr. Phuong said in the past decade, Vietnam’s M&A market has grown strongly with thousands of transactions worth nearly US$50 billion. This year, while the … [Read more...] about M&A as shortest way for foreign firms to penetrate Vietnam market

More Japanese firms to leave China for Vietnam: Ambassador

The Hanoitimes - Vietnam is the top choice for Japanese companies looking to diversify their supply chains, the Japanese Ambassador to Vietnam has said. Twenty two Japanese enterprises eligible to receive subsidies from its government to move production facilities from China have chosen Vietnam. Japanese Ambassador to Vietnam Yamada Takio at the dialogue. Photo: Hoang Giang. Japanese Ambassador to Vietnam Yamada Takio revealed the information at a dialogue between the Japanese business community and the Vietnamese government on December 21. “Vietnam is the top choice for Japanese companies looking to diversify their supply chains,” Mr. Takio noted. Taking into account 15 Japanese firms already chose to move to Vietnam in the first phase of the program in July, the total number of firms plans to invest in the country is 37 out of the total 81, while Thailand came in second place with 19 companies. While the world is still struggling with the Covid-19 … [Read more...] about More Japanese firms to leave China for Vietnam: Ambassador

BCI Asia Awards for Vietnam spotlight top architecture, real estate firms

The portfolios of the elite architecture firms cover $7.03 billion worth of properties scheduled to start construction in Vietnam this year, while the portfolios of the top developers are valued at $4.89 billion. These firms were chosen based on the greatest aggregate value of projects under construction during the last full calendar year, weighted by the extent of their sustainability efforts. For architecture firms, pre-tender projects were included to recognize early incorporation of green design efforts. At the annual BCI Asia Awards ceremony on May 31, the Top 10 Developers Award 2019 for Vietnam were given to: Flamingo Group; FLC Group; Gamuda Land Vietnam; Hung Thinh Real Estate Business Investment Corporation (Hung Thinh Corporation); Phu Long Real Estate; Phu My Hung Development Corporation; Phuc Khang Corporation; Sun Group; TTC Land; and Vingroup (listing by alphabetical order) . From left to right: Vo Chi Anh (BCI Asia), Nguyen Thi Hanh (Flamingo), Nguyen … [Read more...] about BCI Asia Awards for Vietnam spotlight top architecture, real estate firms

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