Japan investments in Vietnam hit US$38 billion
By June, 2015, Japan had become Vietnam’s second largest investor with more than 2,600 projects worth a total of US$38 billion. 120 of its projects were located in Da Nang.
Vice-chairman of the municipal People’s Committee Dang Viet Dung said the city boasts numerous advantages in investment attraction as it is located on the East-West economic corridor and has an abundant labor force, many industrial parks, a convenient transportation system, and a high-tech zone under construction.A program to promote Japanese investments in central Da Nang city was held on March 6.
“We want to cooperate with Japanese businesses in support industries, information technology, and high-tech areas in addition to healthcare and building an international hospital and resorts. Da Nang city is committed to facilitating the operations of Japanese and Vietnamese businesses,” Dung said.