Vietnamese, Japanese firms seek stronger partnership
A conference was held in Tokyo on June 21 to strengthen partnership among Vietnamese and Japanese businesses, drawing representatives from more than 100 firms of both sides.
Vietnamese firms introduce their products at the conference (Photo: VNA)
Tokyo (VNA) – A conference was held in Tokyo onJune 21 to strengthen partnership among Vietnamese and Japanese businesses, drawingrepresentatives from more than 100 firms of both sides.
Addressing the event, Trade Councilor TaDuc Minh highlighted that the two countries have become each other’s important tradepartner, as their import-export structure can supplement each other withoutdirect competition.
Japan has high demand in agro-forestry-fisheries products, processedfood, consumer goods and garments, which are strong products of Vietnam.
Meanwhile, the two sides are both members of many free trade agreements,providing them opportunities to broaden their trade relations with partners,increase import-export activities and engage deeper in the regional and worldsupply chains, he noted.
Trade Councilor Ta Duc Minh addresses the event (Photo: VNA)
Nakamura Makoto, an economist from the Manufactured ImportsPromotion Organisation (MIPRO) under the Ministry of Economy, Trade andIndustry (METI) of Japan, said that all Vietnamese products entering theJapanese market must meet strict requirements of the local market from materialorigin to production stages, which means a strong collaboration amongbusinesses of the two countries is crucial to bring Vietnamese products to Japanese consumers.
During the event, Vietnamese firms introduced their productsto Japanese firms and sought partnership opportunities
Japan is currently the leading economic partner of Vietnam, the country’sbiggest ODA provider, the second largest labour export market, the third largestinvestor, the third largest tourism market, and the fourth biggest tradepartner. The number of Vietnamese products sold in Japan has increased and they are welcomed by local consumers.
The conference provided a good chance for businesses of both sides to seekpartnership opportunities, bringing more strong products of Vietnam to theJapanese market on the basis of optimising the Vietnam-Japan EconomicPartnership Agreement (VJEPA)./.
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Vietnamese firms introduce their products at the conference (Photo: VNA) 
Trade Councilor Ta Duc Minh addresses the event (Photo: VNA) 
