Japan invests US$37.7 billion in Vietnam

Of this figure, the manufacturing sector accounted for US$31.3 billion and 1,357 projects.

A total amount of US$1.66 billion has been invested in the property sector.

Japanese investors are currently present in 49 of the country's 63 cities and provinces.

Thanh Hoa is the biggest recipient with US$9.68 billion invested in 10 projects, accounting for more than a quarter of all Japanese investments.

Hanoi came second with US$4.1 billion in 661 projects, and Binh Duong third with US$3.85 billion in 248 projects.

The leading Japanese invested projects include the US$9 billion Nghi Son Oil Refinery Project in the Nghi Son Economic Zone of Thanh Hoa, a US$1.22 billion Bridgestone tyre plant at the Dinh Vu Industrial Park in Hai Phong, and the US$1.2 billion Tokyu - Binh Duong Urban Area in Binh Duong province.

(Source: Nhandan Online)