Seminar seeks to enhance Vietnam- Japan trade links

(VOV) -On December 11, Hanoi hosted the “Meet Japan” seminar to boost future trade partnerships between Vietnam and Japan through a communication channel, attended by more than 120 representatives from the Vietnam Foreign Ministry, provincial authorities, and enterprises as well as from the Japanese business community. 

Nguyen Hoang Long, standing head of the Foreign Ministry’s Bureau of Consular Affairs, said the two economies have bonded together based on their close geographical distance and fairly similar cultures. 

According to Long, Japan is the biggest provider of official development assistance for Vietnam over the past 20 years. The former is also the latter’s number two investor and number four trade partner. 

More than 1,400 Japanese firms are currently operating in Vietnam. This year, nearly100 Japanese officials and businesses visited Vietnamese localities to promote investment. 

Katsuro Nagai from the Japan Embassy in Vietnam stated that the Southeast Asian nation is a favourable destination of Japanese enterprises, hoping that the seminar will boost bilateral ties and help draw more Japanese investments into Vietnam. 

Chikahiro Masuda from the Japan International Cooperation Agency in Vietnam underscored the six major sectors for joint collaboration – electronics, agricultural machinery, agro-fisheries processing, shipbuilding, environment, auto and auto spare parts production. 

Naoki Takeuchi from the Japan External Trade Organisation in Vietnam said a large number of Japanese companies are keen to establish production facilities in Vietnam, suggesting the Vietnamese Government should work more closely to further improve the investment climate.
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