Japan Places a Big Bet on Vietnam Infrastructure

Japan is investing more than $6 billion in Vietnam’s infrastructure, a major port in the north and an airport in the south.

Lach Huyen Port — a joint project of Vietnam National Shipping Lines (Vinalines) ande three Japanese corporations: Itochu, Nippon Yusen KK and Mitsui O.S.K. Lines — is in Vietnam’s third largest city, Haiphong, and is expected to open in 2015.

Long Thanh International Airport, serving the Ho Chi Minh City region and  planned as one of the largest in Southeast Asia, is expected to have an annual capacity of 100 million passengers and five million metric tons of cargo.

These investments strengthen Japan’s strategic positioning in the economic growth of Vietnam and throughout SE Asia.

More on Japan’s corporate commitment to Vietnam

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