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Japan becomes the biggest investor in Vietnam
By Bach Nhat 16:19, 2014/04/16
Japan has surpassed all other nations to become the largest source of foreign direct investment in Vietnam, with 2,237 projects and registered capital of US$35.38 billion.

According to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment, the average investment of a Japanese project is US$15.8 million, substantially higher than the overall average of all nations combined of US$14.58 million.

Currently, Japan has concentrated its investments heavily in the manufacturing and processing industry with 1,213 projects at US$29.82 billion, accounting for 84.3% of its total investment in Vietnam. 

Real estate with 30 projects and construction with 54 projects follow in second and third place at US$1.4 billion and US$1.05 billion, respectively.

Japanese firms have highly diversified their investment in 48 out of the 63 provinces and cities across Vietnam with Thanh Hoa province receiving the majority of funds funneled into 8 projects at US$9.67 billion, followed by Binh Duong with 224 projects at US$4.18 billion and Hanoi with 538 projects at US$3.86 billion.

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