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Submitted by ctv_en_1 on Thu, 05/31/2007 - 08:55
Vietnam was forecast by more than 75 percent of Japanese manufactures currently operating in the country to have the best production base in Southeast Asia for the next 5-10 years, according to a survey by the Japan External Trade Organisation (JETRO).

The 2006 survey, conducted on over 1,330 Japanese manufacturers operating in 11 Asian countries and territories, was released by JETRO on May 30.


Highlighting the country's ability to attract and satisfy Japanese investors is the fact that Vietnam achieved the highest results yet scored by a manufacturing country since the survey has been released.


Vietnam came second only to India in Asia and was rated the highest among ASEAN countries where Japanese manufacturers expect to reap higher profits this year.


The survey also revealed that 82.4 percent of Japanese manufacturers in the country were planning to expand their business operations in Vietnam, compared to the average rate of 58.2 percent recorded in the region.

 

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