Japanese investors are eyeing deep-water sea ports in Vietnam as well as high-speed railway and highways, Thai News Service reported.

           Itochu Group, a Japanese investor, has already submitted a proposal to the Ministry of Transport on co-operation with Vinalines to develop the Lach Huyen Seaport in Hai Phong.

           Under the proposal, the Japanese investor would invest US$160 million to build two wharves for container ships. The Vietnamese Government would have to invest $260 million in infrastructure development around the seaport.