Vietnam, Japan promote trade, economic cooperation
Nearly 100 Vietnamese and Japanese enterprises in agriculture, food, garment and support industry attended a Vietnam-Japan trade and economic cooperation conference in Tokyo on September 20.
Vietnamese and Japanese enterprises ink cooperation deal. (Photo: VNA)
Tokyo (VNA) – Nearly 100 Vietnamese and Japanese enterprises inagriculture, food, garment and support industry attended a Vietnam-Japan tradeand economic cooperation conference in Tokyo on September 20.
The event was held by the Vietnam Trade Promotion Agency under the Ministry ofIndustry and Trade, Trade Office of the Vietnamese Embassy in Japan and theASEAN-Japan Centre (AJC). It created opportunities for enterprises from the twocountries to find trade partners, enhancing bilateral economic relations.
AJC Secretary General Masataka Fujita lauded Vietnam’s stable trade growth in recentyears, with export revenue standing at 177.6 billion USD in 2016, a year-on-yearincrease of 9 percent, adding that the Japanese market was a major part of thetrade expansion.
Vietnamese enterprises need to enhance their competitiveness to boost exportsto Japan, he highlighted.
Trade counselor at the Vietnamese Embassy Ta Minh Duc noted the advantages of investingin Vietnam.
Along with the sound bilateral relations between the two countries, Vietnam hasa stable political situation and an abundance of young labourers. Ties withVietnam will also help Japanese businesses break into an ASEAN market with apopulation of more than 600 million, Duc said.
Businesses from both sides can enjoy tariffs of nearly 0 percent as the twocountries are involved in several cooperation frameworks, he stated, stressingthat his office stands ready to help businesses promote trade relations andbring benefits to both countries.
Meanwhile, Deputy Head of the Vietnam Trade Promotion Agency Bui Thi Thanh An called on Japaneseenterprises to invest in some projects which are significant to Vietnam’s economy.-VNA
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Vietnamese and Japanese enterprises ink cooperation deal. (Photo: VNA) 
