Post by account_disabled on Dec 26, 2023 4:00:25 GMT
Vietnamese media reported that Under the Japanese government's funding support program for the country's industrial sector. To encourage companies to move their production bases out of China to other countries. There are 15 Japanese companies choosing to relocate to Vietnam. The 15 companies moving to Vietnam are among a list of 30 companies that will receive funding to move production out of China. and setting up new factories in Southeast Asia such as Vietnam, the Philippines, Thailand and Laos.
The Japan External B2B Email List Trade Organization (Jetro) said 6 out of 15 companies selected Vietnam were are large companies, while the remaining 9 companies are small and medium-sized enterprises. Most of these companies are medical device manufacturers, in addition to semiconductor manufacturing. phone accessories air conditioner and power module But it is unclear whether these companies will move all or part of their production from China. One Japanese company moving out of China is Hoya Corporation, a maker of hard drive components. that are expected to set up factories in both Vietnam and Laos Jetro said the Japanese government will provide 100-5 billion yen per company in funding for the relocation. T
he subsidy is part of a plan to diversify Japan's supply chain. which the Japanese government announced in April that there will be an economic stimulus measure of 243.5 billion yen to help the country's businesses move production out of China Japan is the second country after Taiwan to make such a move to diversify its supply chain and reduce reliance on China. Last year, Taiwan supported and incentivized companies. Move production base back to hometown Including financial support, land, and tax deductions. Japan was the 4th largest investor in Vietnam in terms of registered capital last year.
The Japan External B2B Email List Trade Organization (Jetro) said 6 out of 15 companies selected Vietnam were are large companies, while the remaining 9 companies are small and medium-sized enterprises. Most of these companies are medical device manufacturers, in addition to semiconductor manufacturing. phone accessories air conditioner and power module But it is unclear whether these companies will move all or part of their production from China. One Japanese company moving out of China is Hoya Corporation, a maker of hard drive components. that are expected to set up factories in both Vietnam and Laos Jetro said the Japanese government will provide 100-5 billion yen per company in funding for the relocation. T
he subsidy is part of a plan to diversify Japan's supply chain. which the Japanese government announced in April that there will be an economic stimulus measure of 243.5 billion yen to help the country's businesses move production out of China Japan is the second country after Taiwan to make such a move to diversify its supply chain and reduce reliance on China. Last year, Taiwan supported and incentivized companies. Move production base back to hometown Including financial support, land, and tax deductions. Japan was the 4th largest investor in Vietnam in terms of registered capital last year.