Mekong Delta firms should make use of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to do more business with Japan, experts told a conference in Can Tho city.
Rice meant for export in the Mekong Delta (Photo: VNA)
Can Tho (VNA) - Mekong Delta firms should make use of theComprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)to do more business with Japan, experts told a conference in Can Tho city.
Japan is an importantbusiness partner for Vietnam, especially the Mekong Delta, Nguyen Phuong Lam, Directorof the Vietnam Chamber of Commerce and Industry (VCCI)’s Can Tho branch, told theevent on January 15.
Japan was one of the first countries to take part in the CPTPP along withVietnam, and is a partner of choice for VCCI Can Tho, he said.
Careful research of Japan markets and making use of the CPTPP would bebeneficial to companies based in the delta, he added.
Doan Huu Duc, Director of the Vietnam Consulting Group, said agriculture andseafood are the delta’s strengths and Japanese small and medium-sized firms areinterested in them and are working with ASEAN member countries to sourcehigh-quality imports.
But Japanese companies are careful in their selection of partners, and beingpatient and getting to know them better is crucial, he said.
Nguyen Thi Thuong Linh, Deputy Director of VCCI Can Tho, said her organisationwould solicit more investment in the delta to support the strategies andstrengths of the provinces there, facilitate trade between local firms andJapan, and help build databases for the main local industries and researchmarkets like Japan and the Republic of Korea.
VCCI Can Tho will also help firms expand their markets, build brands and keepthem informed about their markets.
More trade facilitation and networking events for Mekong Delta firms,especially with their Japanese counterparts, will be held later this year.
The CPTPP came into effect in Vietnam on January 14, eliminating a large numberof tariffs on Vietnamese exports.-VNA
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Rice meant for export in the Mekong Delta (Photo: VNA) 
