Vietnam, Japan eye further agro-fisheries cooperation

Nearly 100 Japanese businesses on March 4 gathered at a forum in Chiba prefecture, Japan, to exchange success stories and experience in investing in agriculture and fisheries in Vietnam.
Nearly 100 Japanese businesses on March 4 gathered at a forum in Chibaprefecture, Japan, to exchange success stories and experience ininvesting in agriculture and fisheries in Vietnam.

Theevent, jointly held by the Vietnam Ministry of Agriculture and RuralDevelopment and the Vietnamese Embassy in Japan, created partnershipopportunities for 13 participating Vietnamese companies as well.

According to Commercial Counsellor to Japan Nguyen Trung Dung,agro-fisheries cooperation has significantly contributed to the twocountries’ economic development.

Apart from traditionalrealms such as the manufacturing industry and trade, Japanese firmscould be potential investors in Vietnam’s agro-fisheries, he said,adding that the partnership in the field will be a win-win one.

To Thi Tuong Lan, Deputy General Secretary of the Vietnam Associationof Seafood Exporters and Producers, pointed to the fact that whileJapan is Vietnam’s third largest seafood exporter, making up 7.8 percentof the country’s market share, the Southeast Asian country rankedeighth among Japan’s seafood providers with 9 percent in 2012.

Between 1993 and 2011, Japan remained the largest single importmarket of Vietnam’s seafood, accounting for an average 26 percent.

Along with fisheries, Vietnamese fruits such as mango, durian,grapefruit and dragon are also seeking ways to enter Japan, where marketrequirements are particularly strict.

Nguyen Thanh Binh,Director of VEGETEXCO JSC, said last year Vietnam shipped 1,000 tonnesof dragons to Japan, suggesting Vietnamese businesses pay more attentionto improving the quality of products.

At the forum, arepresentative of Yasaka - a Japanese firm operating in Vietnam for twodecades - affirmed the significance of technical transfer in thepreservation of fruits and other farm produce, saying this is the keyfor Vietnamese fruits to conquer the Japanese market.-VNA

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