Business

Japanese investors need more information about VN’s property market

Many Japanese investors still lack information about Vietnam’s real estate market, heard an investment promotion workshop held by TMS Group in Fukuoka prefecture of Japan on April 10.
Japanese investors need more information about VN’s property market ảnh 1Vietnamese Consul General to Fukuoka Nguyen Phuong Hong addresses the investment promotion workshop on April 10 (Photo: VNA)

Fukuoka (VNA) – Many Japanese investors still lackinformation about Vietnam’s real estate market, heard an investment promotionworkshop held by TMS Group in Fukuoka prefecture of Japan on April 10.

Sumio Hara, Chairman and General Director of theSo Kikaku Sekkei construction design company, told the Vietnam News Agency thatto Japanese people, Vietnam is a leading investment destination in SoutheastAsia. However, he hasn’t known much about the property market in Vietnam. 

If more detailed information about the market isprovided like through this workshop, the Vietnamese market will possibly becomethe top destination for Japanese property investors, he stressed.

Addressing the event, Vietnamese Consul Generalto Fukuoka Nguyen Phuong Hong said her office is ready to support enterprisesin the Kyushu region, in which the prefecture is located, who are interested ininvestment and business chances in Vietnam.

She cited the results of a recent surveyconducted by the Japan External Trade Organisation (JETRO) as finding that 70percent of Japanese firms in Vietnam intend to expand their businessactivities, a relatively high rate compared to those in other countries.Meanwhile, in a poll by the European Chamber of Commerce in Vietnam (EuroChamVietnam), 90 percent of the companies interviewed rated Vietnam’s economicoutlook as stable and improving.

Hong said enterprises’ optimism about theirbusiness prospect in Vietnam and the Vietnamese economy’s rapid growth are themain factors attracting foreign investors’ attention to the local real estatemarket.

The workshop in Fukuoka was among a series ofevents held by TMS Group in Japan to introduce Vietnam’s investment climate andseek potential partners for this firm’s property projects in Vietnam.

Vice Chairman of the TMS Group Vu Van Trung saidnearly 500 investors, including many major ones, took part in three workshopsorganised in Tokyo, Osaka and Fukuoka from April 8 to 10. They expressed theirinterest in his firm’s projects in real estate, health care, agriculture andeducation.

TMS Group, founded in 2004, operates inproperty, human resources supply, education-training, trading services,healthcare and hi-tech agriculture, with property being its core business.-VNA
VNA
#Vietnam’s real estate market #Japan's investment in Vietnam #Japan's investment in Vietnam's property market #TMS Group #Fukuoka prefecture #Vietnamese Consul General to Fukuoka Nguyen Phuong Hong #updated Vietnam news #Vietnamplus #Vietnam News Agency Japan
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