ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Economy

Japan returns as top investor in Vietnam

South Korea is pushed aside as trading houses land big projects

Marubeni will build a coal plant in Nghi Son, Thanh Hoa Province.

HANOI -- Japan became Vietnam's biggest foreign direct investor in 2017, reclaiming the crown from South Korea after a three-year gap.

Foreign direct investment in the Southeast Asian nation jumped 44.4% on the year to $35.8 billion, according to government statistics up to Dec. 20. Japanese investment more than tripled to a record $9.11 billion, accounting for a quarter of the total. Infrastructure exports were a major driver of Japanese spending.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more