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At the Vietnam - Japan Agricultural Enterprise Connecting Forum organized by the Ministry of Agriculture and Rural Development in collaboration with the Embassy of Japan and the Japanese Foreign Trade Promotion Organization in Vietnam, the delegates agreed that this is an opportunity to enhance cooperation on trade and investment in agriculture, especially in the field of agricultural product processing when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect.

The forum

Both countries need to cooperate to each other in order to take mutual additional advantages in agricultural production for competitiveness and added - values improvement, then  expanding market shares in domestic market as well as markets of countries participating in CPTPP.

Deputy Minister Tran Thanh Nam emphasized that promoting exports of agricultural products and foodstuffs is accompanied by improving processing capacity, bringing Vietnam's agricultural and food products brands to the world in general and Japan in particular is one of the main tasks of the Ministry of Agriculture and Rural Development to continue affirming the position of Vietnamese agricultural products in the global value chains.

Vietnam and Japan are the two countries establishing and building  a good and ever-growing friendship and cooperation relationship over the years. In the field of agriculture, the Ministry of Agriculture of the two countries has built a long-term cooperation framework as well as a memorandum of cooperation on standards and certification related to the quality of agricultural products, food and development of Vietnam’s rice value chain. Many projects in the field of agriculture and rural development have received ODA from Japan.

In particular, Vietnam and Japan have joined the CPTPP that came into effect in January this year. This is also an opportunity not only to promote cooperation in potential fields, increasing the import and export turnover of goods between the two countries, but also enhancing investment cooperation, technology transfer, and vocational training cooperation for agricultural workers between Vietnam and Japan in the coming time.

In order to promote the consumption of agriculture, forestry and fishery products in the coming time, Vietnam will continue to improve the business investment environment; promoting national brands, developing and scaling up the grant of production area codes, traceability, meeting the competitiveness in international integration trends. At the same time, Vietnam is to strengthen measures to remove technical barriers and trade barriers by other countries.

By the end of 2018, with about one thousand and eight hundred of800 enterprises of 9.5 billion USD of investment capital, Japan is the leading country in investment in Vietnam. In particular, Japanese businesses are increasingly interested in investing in agriculture, especially high-tech agriculture and clean agriculture.