Japanese firms in India face cloudy prospects due to virus crisis
Suzuki Motor Corp., which relies heavily on the Indian market with its Maruti Suzuki India subsidiary, is one of the hardest-hit companies. Friday, May 14, 2021 10:43 PM UTC
A number of Japanese businesses in India were forced to halt production and bring staff members back to Japan due to escalating COVID-19 crisis that is triggering regional lockdowns.
New daily infections remain over 300,000 in India amid the nation’s second wave of the coronavirus, with bleak prospects of a quick return to business.
Yasuyuki Murahashi, director of the Japan External Trade Organization’s New Delhi office, said lockdown measures in many cities since April are hurting retailers since nonessential retail activities have been effectively paralyzed.
Illustrative image (Photo: baoquocte.vn)
Hanoi (VNA) - Foreign investors maintained their trust in Vietnam despite countless difficulties last year and the country is viewed as a safe destination for development, a recent forum in Hanoi heard.
The Ministry of Foreign Affairs and Vietnam Economic Times co-held the Connections for Development Forum 2021 held late last month, with the theme “Seizing New Opportunities for Localities and Businesses”.
Addressing the forum, Deputy Prime Minister Pham Binh Minh said that Vietnam is emerging as an attractive investment destination in Asia and its nation brand value is growing at the fastest rate in the world, rising nine places to 33rd in the top 100 nation brand rankings.
Vietnam - A safe destination for development of FDI 18:23 | 15/05/2021
Illustrative image (Photo: baoquocte.vn)
Hanoi - Foreign investors maintained their trust in Vietnam despite countless difficulties last year and the country is viewed as a safe destination for development, a recent forum in Hanoi heard.
The Ministry of Foreign Affairs and Vietnam Economic Times co-held the Connections for Development Forum 2021 held late last month, with the theme âSeizing New Opportunities for Localities and Businessesâ.
Addressing the forum, Deputy Prime Minister Pham Binh Minh said that Vietnam is emerging as an attractive investment destination in Asia and its nation brand value is growing at the fastest rate in the world, rising nine places to 33rd in the top 100 nation brand rankings.
KUALA LUMPUR (BERNAMA) – Japanese blockchain development company, Chaintope Inc, plans to make Malaysia its regional hub in Southeast Asia to support green energy and the government’s digital transformation projects. Chaintope Chief Marketing Officer Junya Yoshizaki said Malaysia is an ideal location for the company’s global footprint with its high English proficiency, stable environment and […]