Politics · Vietnam Bureau
Japanese businesses see Vietnam as key growth market amid expanding ties
A delegation from Japan's Gunma Prefecture highlighted Vietnam's continued appeal to Japanese investors, citing deepening bilateral cooperation and a thriving Vietnamese community within the prefecture.
LSN Vietnam ·
Fukai Akihiko, president of Gunma Bank, led a business delegation from Japan's Gunma Prefecture in reaffirming the prefecture's commitment to strengthening economic ties with Vietnam. Speaking on the partnership, Fukai noted that cooperation between Gunma and Vietnam has accelerated considerably in recent years, creating fresh opportunities for cross-border investment and trade.
The growing economic engagement is underscored by demographic trends in Gunma, where approximately 15,000 Vietnamese residents have established themselves, making Vietnam the source of the prefecture's largest foreign community. This significant population presence reflects both the attractiveness of Japan as a destination for Vietnamese workers and the deepening people-to-people connections that facilitate business relationships.
The delegation's visit comes as Japanese companies across various sectors continue to view Vietnam as a strategic destination for expansion in Southeast Asia. The combination of Vietnam's developing market potential, skilled workforce, and geographical proximity to other regional markets has sustained investor interest from Japan's prefectures and major corporations alike.