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Vietnam – Japan: Seeking out investment chances

(HUFO) On the afternoon of February 19, 2014, the meeting exchange between the business delegation of Sasebo City – Nagasaki Prefecture and Vietnamese enterprises in Ho Chi Minh City (HCMC) took place at Ngu Thien restaurant.



The conference was held by the HCMC Union of Friendship Organizations (HUFO), the HCMC Vietnam – Japan Friendship Associations (HCMC VJFA), the HCMC Business Association (HBA), the Vietnamese Consulate General in Fukuoka – Japan and C.T Group with the aim of maintaining business connection between Vietnamese and Japanese businesses.

Attending the conference were Chairman of HUFO Le Hung Quoc, Chairman of HCMC VJFA Nguyen Cong Tanh, Deputy President of HBA Pham Ngoc Hung, President of C.T Group Tran Kim Chung, Head of Japanese business delegation and CEO of Saibu Environment Consultancy and Investigation Joint Stock Company Yamaguchi Masachika, 7 Japanese enterprises operating in Sasebo city as well as Vietnamese ones in HCMC chasing for cooperation opportunities with each other.

Notwithstanding the global economic crisis, the international trade between Vietnam and Japan has not declined and Vietnam has been benefiting most for its Japanese investors in comparison with Myanmar, Indonesia, etc. over the past few years.

Japanese enterprises hope to cooperate with Vietnamese ones in terms of fabrication machinery, industrial auxiliary components and equipments, metal processing, which are also the focus of Vietnam’s economy. In addition, Sasebo city’s firms propose to export their products in Industrial Waste Treatment, Environment Protection, and Amusement Parks.




On Vietnamese side, they yearn to be supported by Sasebo’s enterprises on technology and technique for the fruit processing to import into international markets. Moreover, they discuss openly the pros and cons as well as the exchange opportunities of trading between Vietnam and Japan.  


Overall, the cooperation and trade partnership between Vietnam and Japan can make the significant breakthrough with the premise that the economic cooperation of HCMC and Sasebo achieve the exponential growth.



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