With the signing of the TPP this February, Vietnam has gained attention as an export base for textiles and other products.Asked where they plan to expand investments among the 12 signatory nations to the agreement, 12.8% of respondents cited Vietnam, 10.7% cited Japan and 4.9% said the U.S.
With the signing of the Trans-Pacific Partnership, Japanese manufacturers are looking even more favorably on the ASEAN region and especially Vietnam as a base of operations.
Some 43.8% of respondents to a survey by the Mizuho Research Institute cited the Association of Southeast Asian Nations as the region where they plan to devote their greatest efforts moving forward.
Thailand, where auto industry growth is slowing, was cited by 59.7% of companies, but that is a dip of 2.2 points from last year. Interest in Indonesia waned 4.7 points to 41.5%.
Source: Nikkei Asian Review
Keyword : Following TPP signing, Japan, eyes, Vietnam, as export base.
