From the beginning of the year, the number of Japanese companies comes to Vietnam to explore investment and business opportunities in Vietnam equal with the same period last year, even slightly increase but not decrease even if the total direct investment from Japan to Vietnam has decreased slightly.
The wave of investment from Japan can be stimulated to rise again if the TPP agreement was signed.
Besides the potential agricultural sector, Japanese firms are also attracted by the textile fibers and garments sectors of Vietnam after TPP. Japan has the advantages of owning multiple weaving technologies that are new in Vietnam such as 3D weaving technology.
Finding the right business partner in Vietnam is also important. We recommend doing research on the reputation of the company and individual shareholders, corporate or individual, gathering publicly available company information, and performing background checks on key personnel to find potential risks in cooperation. Working with a reliable partner can help achieve economic benefits, saving time and money in business.