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VietNamNews

Thanh Hoa top choice for Japanese funds

Update: December, 27/2013 - 09:09
Of the five largest Japanese businesses in Viet Nam, two are in this province, the Nghi Son Oil Refinery and Nghi Son Cement plant.— File Photo

THANH HOA (VNS)— Central Thanh Hoa Province leads the country in attracting Japanese investment, accounting for US$9.68 billion out of the total of $33.06 billion.

Of the five largest Japanese businesses in Viet Nam, two are in this province, the Nghi Son Oil Refinery and Nghi Son Cement plant.

The local advantages like strategic location, cheap human resource, and abundant mineral resources are appreciated by the Japanese investors.

The Japan Trade Promotion Organisation said Thanh Hoa should focus on infrastructure, especially the expressway running from Thanh Hoa town to Nghi Son and infrastructure at industrial parks for small- and medium-sized enterprises. — VNS


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