Seminar boosts Viet Nam-Japan trade ties

TOKYO — The Vietnamese Embassy in Japan, in coordination with the Ha Noi Women Business Association (HWBA) held a seminar in Tokyo yesterday to strengthen the two-way trade in handicraft products and call on Japanese businesses to invest more in Viet Nam.

The seminar attracted representatives of 15 member companies of HWBA and more than 100 Japanese firms.

Speaking at the seminar, Vietnamese Ambassador to Japan Doan Xuan Hung expressed his delight at the sound development of cooperative relations between the two countries in all fields from politics and diplomacy to economics, trade, investment and tourism.

Japan is an important partner of Viet Nam with two-way trade of more than US$21 billion in 2011 and total registered investment reaching $26 billion.

Okano Masaaki, Vice Director of Japan's Asia New Power Company suggested that the two sides exert more efforts to strengthen economic co-operation.

Japanese firms should supply more specific information on their requirements, while Vietnamese enterprises should study the Japanese market carefully and improve their products' quality and design, in order to successfully penetrate the market, he said. — VNS