Japanese food producers eye HCM City market
(VOV) -Many Japanese food businesses consider Ho Chi Minh City a lucrative city to invest in, according to Osato Kazuhiko, director of the Japan External Trade Organization (JETRO).
Kazuhiko told a recent seminar in HCM City that the city is an attractive destination for Japanese food producers thanks to its large number of consumers and increased per capita incomes.
JETRO Executive Director Yasuzumi Hirotaka in HCM City echoed Kazuhido’s view, saying it is high time to introduce Japanese food into the Vietnamese market.
He said Japanese enterprises are currently strengthening cooperation with Vietnamese partners in the field of food processing, aiming to enhance the value of Vietnamese agricultural products through transferring its agricultural development experience.
Remarkably, a number of entrepreneurial food companies from the Republic of Korea and Thailand have also announced plans to expand their operations in HCM City.