Japan invests $37.7b in VN projects

10:09 | 09/07/2015 Economy

As of June 20, Japan had invested US$37.7 billion in 2,661 projects in Viet Nam, statistics from the Foreign Investment Department show.

Japan invests $37.7b in VN projects

Local workers make vehicle parts for Nissin Manufacturing Viet Nam, a Japanese-invested company in Luong Son Industrial Zone, northern province of Hoa Binh. — VNA/VNS Photo Danh Lam

Of this the manufacturing/processing sector accounted for $31.3 billion and 1,357 projects.

An amount of $1.66 billion has been invested in the property sector.

Japanese investors have a presence in 49 of the country's 63 cities and provinces.

Thanh Hoa is the biggest beneficiary with $9.68 billion in 10 projects, accounting for more than a quarter of all Japanese investments.

Ha Noi is second with $4.1 billion in 661 projects, and Binh Duong third with $3.85 billion in 248 projects.

The biggest Japanese projects include the $9 billion Nghi Son Oil Refinery Project in the Nghi Son Economic Zone in Thanh Hoa, a $1.22 billion tyre plant by Bridgestone at the Dinh Vu Industrial Park in Hai Phong, and the $1.2 billion Tokyu – Binh Duong Urban Urban Area in Binh Duong Province./.

Source: VNS

Theo ven.vn