TOKYO -- Japanese education company Gakken Holdings has invested in a Vietnamese textbook publisher, viewing the country as a foothold to expand in Southeast Asia as Japan's declining birthrate threatens the domestic market.
Southeast Asian foothold sought as Japanese student population shrinks
Gakken hopes to use Vietnam as a stepping stone into the Southeast Asian education market. © Reuters
TOKYO -- Japanese education company Gakken Holdings has invested in a Vietnamese textbook publisher, viewing the country as a foothold to expand in Southeast Asia as Japan's declining birthrate threatens the domestic market.