From Thanh Nien News
Le Hoang Quang (L), chairman of Ho Chi Minh City People’s Committee, issues a license to representatives of Japanese comapnies on September 10. Total Japanese investment in the city has reached US$1.27 billion. Photo from Thanh Nien News.
Japanese investment in Sai Gon topped US$1.27 billion with the licensing of three projects worth $170 million Tuesday, Tuoi Tre (Youth) newspaper reported.
The three include Unika Group and Hiep Phuoc Corporation, which will set up US$31-million operation to provide services and infrastructure for Japanese SMEs in Vietnam.
Suruga Seiki Co., Ltd’s Saigon Precision, which makes components for machinery, automation systems, and robots, increased its investment by $129 million to $219 million.
Read the full report from Thanh Nien News.
