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Highlighting the bilateral trade and investment ties over the past time, the article wrote that trade and investment between the two nations are supplementary, clearly reflected in the structure of import-export goods. Japan mainly exports machinery, equipment and transport means to Vietnam while importing garments and wood products from the Southeast Asian nation.

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At present, in addition to maintaining and consolidating commodities that have affirmed their footholds in the Japanese market, Vietnam is improving their products in terms of quality and design in order to better meet conditions and standards set by Japan, firstly focusing on the fields of processing industry, agro-forestry-fishery, industry, and mechanics.

The enhancement of investment cooperation has brought benefits to both sides. Japanese investment helps Vietnam learn from management experience and access advanced technologies in different areas, effectively contributing to its national industrialization and modernization process.

Meanwhile, through trade exchange with Vietnam, Japan will diversify approaching channels and engage more deeply in economic activities at the Association of Southeast Asian Nations (ASEAN), a promising market with 650 million people and gross domestic product (GDP) of about 2.5 trillion USD.

In the coming time, with the attention of the governments and the close coordination of both sides’ relevant ministries and agencies, bilateral trade cooperation will continue to thrive. The two economies’ increased connectivity will help deepen the extensive strategic partnership for peace and prosperity in Asia affirmed by their leaders during high-level visits and reflected via specific programmes and activities between the nations’ localities, agencies, organizations and businesses.

PM attends joint press conference on Mekong-Japan Summit outcomes

Vietnam will maintain its close cooperation with Japan and the Mekong countries to make the Japan-Mekong cooperation mechanism more successful in order to meet each country’s aspirations and contribute to the peace and prosperity of the region, Prime Minister Nguyen Xuan Phuc has said.

 

Vietnam’s major projects in Mekong-Japan cooperation framework

 

 

Vietnam-Japan health examination centre inaugurated in HCM City

A health examination centre was put into operation at Cho Ray Hospital in Ho Chi Minh City on October 14 as part of activities to mark the 45th anniversary of Vietnam-Japan diplomatic ties.

 

Strengthening cooperative ties between Bac Giang province and Japanese partners

(BGO)- A working delegation of the Ministry of Foreign Affairs (MOFA) headed by Deputy Minister Vu Hong Nam, Ambassador of Vietnam to Japan for the period of 2018-2020, paid a working visit to Bac Giang province on 16 October about strengthening foreign affairs and developing cooperative ties between Bac Giang and Japanese partners. The delegation was welcomed by Duong Van Thai, Vice Chairman of the provincial People’s Committee (PPC) and leaders of some related agencies. 

 

Late historian awarded with Japan’s certificate of merit

The late historian and People’s Teacher Phan Huy Le has been posthumously awarded the Certificate of Merit from the Japanese Foreign Minister Kono Taro, in recognition of his great contributions to the promotion Vietnam-Japan academic exchange.

 

Source: VNA