Attractive plus points Analysis from the General Statistics Office of Vietnam (GSO) shows that from the beginning of 2020 to now, foreign investment in Vietnam has reached US$28.5 billion. This level decreased by 25 percent compared to 2019 but was still very remarkable. According to Mr. Hirai Shinji, Chief Representative of JETRO in Ho Chi Minh City, for Japanese enterprises, the Government is implementing the policies of foreign countries + Vietnam, and Vietnam + Vietnam. As for the policy of foreign countries + Vietnam, the Japanese Government will support enterprises to relocate and partly transfer or transfer all the production activities of Japanese factories to Vietnam. Up to now, 37 enterprises have received investment decisions in Vietnam. However, in 2020, Japanese enterprises have developed a new program – Vietnam + Vietnam. It means that Japanese enterprises, which have been investing in Vietnam, will build more plans to expand their investment in another province in Vietnam. This program mainly focuses on enterprises in the field of food and foodstuffs processing and manufacturing. According to the report by the GSO, the whole country had 1,140 times of projects licensed in previous years registered to adjust investment capital with additional capital of $6.4… Read full this story
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