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    Home > Food News > Food Articles > Vietnam and Japan food processing companies join forces to expand import and export scale

    Vietnam and Japan food processing companies join forces to expand import and export scale

    • Last Update: 2022-01-07
    • Source: Internet
    • Author: User
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    (People’s Daily) On December 22, the Trade Promotion Bureau of the Ministry of Industry and Trade of Vietnam, the Vietnamese Embassy and Commercial Office in Japan and other relevant agencies jointly held the Vietnam-Japan Food Processing Enterprise Matchmaking and Trade Promotion Conference online.
    Analyzing the current difficulties, discussing solutions and looking for measures to help companies recover and develop markets
    .
     
    Xie Deming, Commercial Counselor of the Embassy of Vietnam in Japan, said that the structure of imports and exports between Vietnam and Japan are complementary, and there is no direct competition
    .
    In particular, Japan needs to import agricultural, forestry and fishery products, processed foods, and consumer goods
    .
    Vietnam has a great competitive advantage in exporting these products
    .
     
    In addition, the Japanese market, with a population of over 125 million, consumes a lot of imported agricultural products, aquatic products, and food
    .
    Fish and fish products, shrimp, eel, meat and meat products, soybeans, grain products, fresh and processed vegetables, coffee, etc.
    are the commodities that are currently in high demand for imports in Japan
    .

     
    According to evaluation, Vietnam has greater advantages in the above-mentioned products and has a strong supply capacity to the Japanese market
    .
    In addition, the number of Asian countries living and working in Japan is as high as 10 million.
    Among them, the number of Vietnam is also growing rapidly, reaching nearly 500,000 by 2020
    .

     
    Therefore, the agricultural products and aquatic products imported from Vietnam are becoming more and more widely known, and they are warmly welcomed by the people of Japan, Vietnam and other Asian countries, and their sales in this market are also very large
    .
    Mr.
    Xie Mingde believes that this shows that the potential of Vietnamese agricultural products, aquatic products and foods to be sold to Japan in the future is still huge
    .

     
      Keisuke Kobayashi, deputy chief representative of the Japan External Trade Organization (JETRO) Representative Office in Vietnam, revealed that Vietnam and Japan have been important trading partners of each other for many years
    .
    During the epidemic period, the two countries' imports and exports will continue to maintain an overall stable and stable development trend of quality improvement
    .

     
      Statistics show that in the first November of 2021, the total import and export volume of Vietnam and Japan reached 38.
    4 billion U.
    S.
    dollars, a year-on-year increase of 7%
    .
    It is worth noting that in the first November of 2021, the amount of Japanese investment in Vietnam increased by 54% year-on-year
    .

     
      Both countries are "Vietnam-Japan Economic Partnership Agreement" (VJEPA), "ASEAN-Japan Comprehensive Economic Partnership Agreement" (AJCEP), "Comprehensive and Progressive Agreement on Trans-Pacific Partnership" (CPTPP), "Regional Comprehensive Economic Partnership Agreement" "(RCEP) and many other members of the Free Trade Agreement have opened up opportunities for expanding the scale of bilateral trade, especially increasing import and export efforts and participating in regional and world supply chains
    .
     
      After the meeting, about 30 Vietnamese and South Korean companies held trade promotion meetings
    .
    (Finish)

    Japanese food processing
     
      Xie Deming, Commercial Counselor of the Embassy of Vietnam in Japan, said that the structure of imports and exports between Vietnam and Japan are complementary, and there is no direct competition
    .
    In particular, Japan needs to import agricultural, forestry and fishery products, processed foods, and consumer goods
    .
    Vietnam has a great competitive advantage in exporting these products
    .
    import and export
     
      In addition, the Japanese market, with a population of over 125 million, consumes a lot of imported agricultural products, aquatic products, and food
    .
    Fish and fish products, shrimp, eel, meat and meat products, soybeans, grain products, fresh and processed vegetables, coffee, etc.
    are the commodities that are currently in high demand for imports in Japan
    .

     
      According to evaluation, Vietnam has greater advantages in the above-mentioned products and has a strong supply capacity to the Japanese market
    .
    In addition, the number of Asian countries living and working in Japan is as high as 10 million.
    Among them, the number of Vietnam is also growing rapidly, reaching nearly 500,000 by 2020
    .

     
      Therefore, the agricultural products and aquatic products imported from Vietnam are becoming more and more widely known, and they are warmly welcomed by the people of Japan, Vietnam and other Asian countries, and their sales in this market are also very large
    .
    Mr.
    Xie Mingde believes that this shows that the potential of Vietnamese agricultural products, aquatic products and foods to be sold to Japan in the future is still huge
    .

     
      Keisuke Kobayashi, deputy chief representative of the Japan External Trade Organization (JETRO) Representative Office in Vietnam, revealed that Vietnam and Japan have been important trading partners of each other for many years
    .
    During the epidemic period, the two countries' imports and exports will continue to maintain an overall stable and stable development trend of quality improvement
    .

     
      Statistics show that in the first November of 2021, the total import and export volume of Vietnam and Japan reached 38.
    4 billion U.
    S.
    dollars, a year-on-year increase of 7%
    .
    It is worth noting that in the first November of 2021, the amount of Japanese investment in Vietnam increased by 54% year-on-year
    .

     
      Both countries are "Vietnam-Japan Economic Partnership Agreement" (VJEPA), "ASEAN-Japan Comprehensive Economic Partnership Agreement" (AJCEP), "Comprehensive and Progressive Agreement on Trans-Pacific Partnership" (CPTPP), "Regional Comprehensive Economic Partnership Agreement" "(RCEP) and many other members of the Free Trade Agreement have opened up opportunities for expanding the scale of bilateral trade, especially increasing import and export efforts and participating in regional and world supply chains
    .
     
      After the meeting, about 30 Vietnamese and South Korean companies held trade promotion meetings
    .
    (Finish)
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