According to VNA correspondent in Japan, on May 30, the Vietnam-Japan Economic Cooperation and Trade Conference took place in Tokyo.
The event was organized by the Vietnam Trade Promotion Agency and the Vietnam Trade Office in Japan, the Ministry of Industry and Trade of Vietnam in coordination with the ASEAN-Japan Center (AJC), attracting over 100 delegates from agencies and businesses of the two countries.
Speaking at the opening of the conference, Mr. Bui Quang Hung - Deputy Director of the Trade Promotion Agency - said that Vietnam has deeply integrated into the world economy.
To date, Vietnam has participated in 17 free trade agreements (FTAs) with more than 60 countries and territories, covering about 60% of global Gross Domestic Product (GDP); at the same time, it has established comprehensive and strategic partnerships with many countries, including Japan.
According to Mr. Bui Quang Hung, Vietnam and Japan have maintained a comprehensive strategic partnership for many years. Japan is currently one of Vietnam's most important economic partners.
The two countries have had many activities to enhance economic exchanges, bringing great opportunities for businesses on both sides. Vietnam-Japan trade has grown steadily in recent years.
Mr. Kunihiko Hirabayashi, Secretary General of the ASEAN-Japan Center, assessed that Vietnam has long been one of the attractive investment destinations for Japanese enterprises, with a young and capable workforce, competitive production costs, strategic location, and strong participation in new-generation free trade agreements.
Mr. Kunihiko Hirabayashi emphasized that even in times of global instability, Vietnam is still considered a strategic and reliable partner for Japan. Vietnam continues to maintain its prominent position in international trade due to its participation and continuous consolidation of global value chains.
The Secretary General of the ASEAN-Japan Center also suggested many promising areas of cooperation between Vietnam and Japan such as green and environmentally friendly products, joint activities to promote the national brands of the two countries to open up opportunities for joint cooperation in developing common brands in a number of product groups with resonance values between Vietnam's excellent manufacturing capabilities and Japan's trust, and parallel activities to expand to emerging markets to develop supply chains.
In the healthcare sector, Mr. Kunihiko Hirabayashi said that demand from Vietnam is increasing and is a promising destination for Japan's cooperation in research and development of pharmaceutical products and medical equipment.
Mr. Kunihiko Hirabayashi assessed that Vietnam is not only a smart investment destination for Japanese businesses, but also a great place to live - with a rich culture, friendly people, world-class cuisine, tourist attractions, education and infrastructure that are improving day by day.
At the workshop, Ms. Nguyen Thi Thu Thuy - Deputy Director of the Center for Trade and Investment Promotion Support (Trade Promotion Agency) - introduced business and investment cooperation opportunities with Vietnam in the trend of changing global production and supply value chains.
According to Ms. Thuy, Vietnam has many trade advantages, thanks to its geographical location as a gateway to Southeast Asia, a developed seaport system, abundant labor resources and competitive costs, and diverse and high-quality export products.
The Vietnamese Government is promoting administrative reforms and infrastructure investment to support import and export activities, supporting businesses through a variety of trade promotion programs, providing market information and technical assistance.
Ms. Nguyen Thi Thu Thuy said that a survey by the Japan External Trade Organization (JETRO) on the trend of continuing to expand business ranked Vietnam as a desirable destination to expand business activities in the Association of Southeast Asian Nations (ASEAN), with more than 60% of Japanese enterprises planning to continue to expand in Vietnam in the future.
Ms. Nguyen Thi Thu Thuy emphasized that Vietnam is proactive and selective in attracting and integrating foreign investment based on quality, efficiency, technological progress and environmental friendliness. Priority is given to projects with high technology, environmental friendliness, modern management systems, spillover effects, technology transfer, and connection to global supply and value chains.
The Trade Office of the Embassy of Vietnam in Japan (Trade Office) is the trade representative agency of Vietnam in Japan, performing the function of a bridge, supporting businesses of the two countries in understanding the market, connecting partners and solving issues related to trade and investment.
Within the framework of this workshop, the Trade Office actively coordinated with the Vietnam Trade Promotion Agency (VIETRADE) and the ASEAN-Japan Center to plan, invite businesses to participate and promote the event. With the goal of promoting Vietnam-Japan trade, the Trade Office played a key role in the successful organization of the workshop, as well as in bilateral trade promotion activities.
The close cooperation between the Vietnam Trade Office in Japan, the Trade Promotion Agency and Japanese partners such as the ASEAN-Japan Center is an important factor contributing to promoting the trade and investment turnover between the two countries to grow stronger, deeper and more substantial.
Immediately after the conference, 27 Vietnamese enterprises participated in an exciting trade program with Japanese enterprises, connecting with many prospective Japanese partners in a variety of fields such as agricultural products, food (including cassava starch, dried and frozen seafood, tea, coffee, spices, cakes, fruits...); mechanical and electronic components, construction materials, household products, handicrafts, perfumes.
Source: VNA
Source: https://baophutho.vn/thuc-day-giao-thuong-hop-tac-kinh-te-giua-viet-nam-va-nhat-ban-233616.htm
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