Tired of China, afraid of Thailand, Japanese capital heading for Vietnam Concerned about the political uncertainties in  In November 2013, Fuji Xerox put its $120 million printing machine and photocopier factory in the Fuji Xerox is one of a lot of Japanese investors who have shifted their business to However, Atsusuke Kawada, Chief Representative of the Japan External Trade Organization (JETRO), can see the important significance in the case. According to him, the decision by Fuji Xerox showed that Japanese have begun moving their important production units, including the ones in the high added-value fields such as electronics, to Prior to that, observers noted that Japanese investors flocked to While the Japanese investments in The Japanese capital flowing to Meanwhile, the number of expanded investment projects in The new projects include the huge ones such as the Nghi Son petrochemical oil refinery capitalized at $2.8 billion, Bridgestone’s project ($650 million), Panasonic Industrial Devices ($175 million) and Saigon Precision $130 million. “In Especially, Kawada highly appreciates the Vietnamese labor force. “Vietnamese are very diligent and hard working, which can be reflected in the lower numbers of workers’ days-off than in other countries,” he said. “Besides, it is easy to recruit workers in JETRO has found from its surveys that every Vietnamese worker at Japanese invested enterprises received $3,000 in 2013 on average. The level was higher than Therefore, it is not a surprise that 70 percent of Japanese investors in Pham Huyen, |
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