Vietnam, Japan foster trade cooperation

The Vietnamese Government and the Ministry of Industry and Trade (MoIT) always treasure trade cooperation with Japan, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan told Governor of Japan’s Wakayama prefecture Kishimoto Shuhei during a working session in Hanoi on July 27.
Vietnam, Japan foster trade cooperation ảnh 1At the working session (Photo: MIT)

Hanoi (VNA) – The Vietnamese Governmentand the Ministry of Industry and Trade (MoIT) always treasure trade cooperationwith Japan, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan toldGovernor of Japan’s Wakayama prefecture Kishimoto Shuhei during a workingsession in Hanoi on July 27.

Tan welcomed Governor Kishimoto’svisit to Vietnam on the occasion of the 50th anniversary of bilateraldiplomatic ties this year.

He hailed the authoritiesof Wakayama prefecture for working closely with the MoIT to effectivelyimplement the Memorandum of Understanding on trade and industry cooperation signedin 2018 and renewed in 2021.

Since 2019, both the MoITand Wakayama prefecture have maintained the annual exchange of delegations and tradepromotion missions, and business networkings both in-person and online formats,contributing to fostering trade relations and industrial cooperation between theirbusiness communities.

To further strengthen thecooperative relationship between the MoIT, the Vietnamese business community andWakayama authorities and businesses, Tan suggested focusing oncollaborative activities in various areas, such as promoting trade,facilitating investment, technological transfer and green transition in sectorsof strength such as apparel, aquaculture processing and environment treatment,training and supply of Vietnamese workers to Wakayama firms.

Highlighting the success in opening the new directinternational air route between Wakayama prefecture and Hanoi, Da Nang, GovernorKishimoto wished to work closely with the MoIT to further step up collaborationin workforce training to meet the needs of firms in Wakayama.

Additionally, there is aneed to strengthen bilateral trade, including helping enterprises and productsfrom Wakayama to access the Vietnamese market, which is increasingly favouringhigh-quality products originating from Japan, he said.

Speaking highly of theproposed initiatives, Tan invited the authorities of Wakayama prefecture to send businessdelegations to Vietnam International Sourcing in September and the Vietnam Foodexpoin November, both scheduled to be held in Ho Chi Minh City.

Kishimoto promised to foster comprehensive cooperationbetween Wakayama and MoIT, contributing to further tightening ties betweenVietnam and Japan./.

VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.