Japan firms invest in local property sector despite potential risks
Many Japanese companies are aware of potential risks in the Vietnamese real estate sector but they have an increasing presence in this market, according to Tokyo-based Recof Corporation, a consultant on merger and acquisition (M&A) deals. Masataka Sam Yoshida, senior executive for the Vietnam market at Recof, told the Vietnam M&A Forum 2016 in HCMC last week that M&A deals involving Japan’s companies on the local market rose last year following a slowdown a year earlier. He said with a golden population structure and rising incomes, Vietnam has emerged as an attractive destination for Japanese businesses in sectors like retail, consumer goods and finance, and that they are keen on indirect investments here.
