The proportion of Japanese enterprises that intend to expand their investment in Vietnam in the next one to two years is 60%, up 4.7 points from the previous year and the highest among Southeast Asian countries.
Following two years of low sales during Tet (the Lunar New Year), things are expected to look up for the fast moving consumer goods industry this time around since the Vietnamese economy has recovered and consumers have a positive outlook on economic prospects, according to market research company Kantar Worldpanel Vietnam.
Work on construction of a bauxite-alumina mining industrial complex, one of Vietnam’s largest projects in Lao, began in Dakcheung district, the southern Lao province of Sekong, on December 19.