Vietnam and Japan discuss boosting trade of consumer goods

Vietnam and Japan discuss boosting trade of consumer goodsDelegates at the event (Photo:

NDO/VNA – A teleconference on trading in consumer goods between Vietnam and Japan was held in Tokyo on June 30, with nearly 40 Vietnamese producers and 55 Japanese importers taking part.

With one plenary session and eight trade sessions, the event is expected to boost two-way trade as the COVID-19 pandemic has disrupted global supply chains and hurt global trade.

Japanese experts updated the latest regulations and procedures related to the import of consumer goods in the country. Participants at the event also discussed business opportunities.

Talking with the Vietnam News Agency, Vietnamese Trade Counsellor in Japan Ta Duc Minh expressed his hope that, via the event, Vietnamese and Japanese enterprises will learn more about each side’s needs and ability, thereby reaching mutually-beneficial deals.

According to the Vietnam Trade Office in Japan, Japan is one of the most important trade partners of Vietnam. In the first five months of this year, two-way trade went up 2.2% annually to US$15.6 billion. Of which, US$7.83 billion was from Vietnam’s exports.

Experts forecast that once the pandemic is under control, demand for consumer goods such as agro-forestry-aquatic products and household appliances in Japan will increase.

News Related


Sugarcane collected at VND770-VND800 per kilogram this crop

Sugarcane collected at VND770-VND800 per kilogram this crop Read more »

Nearly 7 million USD of public investment disbursed in six months

Disbursement of public investment in the first six months of 2020 amounted to nearly 156 trillion VND (6.73 million USD), fulfilling 33.1 percent of the plan set by the National Assembly and the... Read more »

Corporate bond market to boom in second half

Companies are looking to raise debts from bond issuance before the amended Law on Securities takes effect next January. Read more »

Rice exports up nearly 18% in H1

Illustrative image (Photo: VNA) NDO/VNA – Vietnam earned US$1.71 billion from exporting nearly 3.5 million tonnes of rice in the first half of this year, up 17.9% in value and 4.4 percent in... Read more »

Gold comes near VND50 million per tael

Gold comes near VND50 million per tael Read more »

Da Lat – hub of flower exports

Da Lat, known as the city of flowers, is set to become a fresh flower export hub in Southeast Asia. The central highlands city aims to raise its annual flower export value far... Read more »

Reference exchange rate down 5 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,222 VND per USD on July 7, down 5 VND from the previous day. Read more »

Soc Trang’s export revenue grows 26 percent despite COVID-19

Export revenue of the Mekong Delta province of Soc Trang reached 470 million USD in the first six months of 2020, up 26 percent over the same period in 2019, despite impact of... Read more »

Reducing nearly 1,000 billion profit after auditing, Hiep Phuoc Industrial Park (HPI) net loss of 787 billion in 2019, negative equity

Hiep Phuoc Industrial Zone Joint Stock Company (HPI) has just announced its audited financial statements of 2019 with a loss of over 787 billion dong, while the independent report recorded a net profit... Read more »

Vietnam among world’s friendliest countries in 2020: InterNations

As a particularly safe country, Vietnam is a good choice for solo travelers. Read more »