On the sidelines of the seminar (Photo: VNA) h Tokyo (VNA) – Representatives from 26 Vietnamese enterprises and four provinces together with tens of Japanese firms attended a seminar on Vietnam-Japan trade exchange and economic cooperation in Tokyo on August 29 to seek business opportunities. The event was co-organised by the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (Vietrade), the Vietnam Trade Office in Japan and the ASEAN – Japan Centre. Speaking at the event, Vietrade deputy head Le Hoang Tai introduced business environment and socio-economic achievements in Vietnam over the past years. He said despite slowing global economy, the Vietnamese economy still grew by 6.76 percent in the first half, with exports going up 8 percent annually to 243 billion USD. According to Tai, Japan is always Vietnam’s leading important economic partner. The two countries are members of the Vietnam – Japan … [Read more...] about Vietnam – Japan trade exchange seminar held in Tokyo
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Can Tho to host of Vietnam-Japan trade exchange
The fifth version of the Vietnam-Japan culture and trade exchange is set to be held in the Mekong Delta city of Can Tho in November. Nguyen Phuong Lam, deputy director of VCCI’s branch in Can Tho City, speaks at the event. The announcement was made during a press briefing organised by the Vietnam Chamber of Commerce and Industry (VCCI) and the Can Tho municipal People’s Committee in Kobe City, Hyogo Prefecture, in Japan on August 5. Upon addressing the event, VCCI Vice President Nguyen Phuong Lam, deputy director of VCCI’s branch in Can Tho City, said the Vietnam-Japan culture and trade exchange had been held in the city for the past four years and has served to deepen partnerships between the two countries' businesses. As of late June, Vietnam - Japan import and export turnover hit US$18.5 billion, including US$9.7 billion from exports. Japan had 219 new projects in Vietnam, bringing the total number of FDI projects to 4,190, ranking second in terms of the … [Read more...] about Can Tho to host of Vietnam-Japan trade exchange
Can Tho announced as host of Vietnam-Japan trade exchange
Nguyen Phuong Lam, deputy director of VCCI’s branch in Can Tho City, speaks at the event. The announcement was made during a press briefing organised by the Vietnam Chamber of Commerce and Industry (VCCI) and the Can Tho municipal People’s Committee in Kobe City, Hyogo Prefecture, in Japan on August 5. Upon addressing the event, VCCI Vice President Nguyen Phuong Lam, deputy director of VCCI’s branch in Can Tho City, said the Vietnam-Japan culture and trade exchange had been held in the city for the past four years and has served to deepen partnerships between the two countries' businesses. As of late June, Vietnam - Japan import and export turnover hit US$18.5 billion, including US$9.7 billion from exports. Japan had 219 new projects in Vietnam, bringing the total number of FDI projects to 4,190, ranking second in terms of the number of projects and total registered capital. Notably, Japan has run 10 new projects in the Mekong River Delta alone, lifting the … [Read more...] about Can Tho announced as host of Vietnam-Japan trade exchange
Bright prospects for Vietnam-Japan economic cooperation
In recent years, the bilateral trade value has been growing steadily towards a more balanced relationship. Vietnam’s exports to Japan have seen encouraging growth. In 2017, five key Vietnamese exports to Japan, namely garments, machinery, transport vehicles, seafood and timber products, all increased compared with the previous year, with each reaching at least US$1 billion. In the opposite direction, most of Vietnam’s imports from Japan are to be used for manufacturing activity. In 2017, three of Vietnam’s imports from Japan with respective values of at least US$1 billion were machinery, computers and electronics, and steel and iron. Japan is a large importer of seafood, garments, footwear products and processed food, which are Vietnam’s strengths, while Japanese machines and accessories have long established their reputation in Vietnam. Japanese cuisine served in the Japanese style in Japanese restaurants in Vietnam is helping to bring the two countries … [Read more...] about Bright prospects for Vietnam-Japan economic cooperation
Vietnam, Japan look to foster trade cooperation
Held by the Department of Trade Promotion (DTP) under the Ministry of Industry and Trade and the Japan-ASEAN centre, the event attracted representatives from more than 100 Japanese and 25 Vietnamese enterprises operating in handicrafts, mechanics, plastic, home furniture and gifts. Speaking at the workshop, Doan Thi Thu Thuy, Deputy General Director of the DTP said Vietnamese goods are present in most markets around the world, and exports are shifting from raw materials to products with higher value such as electronics and smart phones. Notably, Vietnam's agriculture has witnessed a long period of stable growth with an average expansion of 4.4 percent in the last decade, with the export value of Vietnamese fruits surpassing those of rice and crude oil. Deputy General Director of the Department of Trade Promotion Doan Thi Thu Thuy speaks at the workshop Assessing Vietnam’s advantages, Thuy said the country has a young and skilled workforce and a stable … [Read more...] about Vietnam, Japan look to foster trade cooperation