VOV.VN - The country will change from outsourcing and assembling information communications and technlogy (ICT) products and services to designing and producing "Made in Vietnam" products, according to Deputy Minister of Information and Communications Pham Anh Tuan.

Ten years after the Vietnam-Japan Economic Partnership Agreement entered into force in 2009, with import tariffs removed already, Japanese consumer goods suppliers are looking into bolstering their presence in the Vietnamese market amid local and regional competition.

Despite the ongoing trade tensions between major economies, and the pandemic, supply chain shifts of Japanese investors are still taking place, mostly in the form of specifically targeted production expansions, with Vietnam being one of the prioritised destinations.

VOV.VN - The inflow of foreign direct investment (FDI) into the nation will recover once the COVID-19 epidemic is successfully brought under control, according to Takeo Nakajima, chief representative of Japan External Trade Organization (JETRO) in Hanoi.

The new Japanese government will continue the diplomatic policy for Vietnam under the Abe administration, according to Chief Senior Economist at the Japan External Trade Organisation (JETRO) Atsusuke Kawada.

VOV.VN - With Japan consistently being a leading trade and investment partner, in addition to the largest ODA provider of the nation for many years, both nations are striving to increase and expand co-operation in security, culture, and social affairs.

VOV.VN - The Government should provide additional assistance in reducing costs and simplifying administrative procedures to help local firms get more involved in the global value chain and therefore make the most of the EU-Vietnam Free Trade Agreement.

VOV.VN - The Japan External Trade Organisation (JETRO) held a press briefing on August 21 introducing the “GOOD GOODS JAPAN” exhibition to enhance trade links between consumer goods enterprises from the two countries.

VOV.VN - A survey recently carried out by the Japan External Trade Organization (JETRO) indicates that 41% of Japanese companies are considering expanding their operations in Vietnam over the next three years, a 5.5% rise from a year earlier.

Eighty nine percent of Japanese firms in Vietnam complain over entry restrictions, 65% stating they are impacted by domestic travel restrictions, a survey revealed.