Entrepreneurs seek opportunities to expand exports to Japan

13 Jun '08

2 min read

A seminar was recently held on June 11 in Hai Phong focusing on exploring opportunities to increase exports to Japan.

Organized jointly by the Vietnam Commercial and Industrial Office in Hai Phong and the Trade Promotion Centre under the Ministry of Industry and Trade, the seminar attracted over 60 businesses that sought to make the most of the opportunities that allows entry into Japan's potential market.

Experts from Japan have affirmed that textile and handicraft products of Vietnam especially, clothes and bamboo wood souvenirs, have created a huge demand in the country and are therefore welcomed more than ever before.

As a matter of fact, since they are made from natural materials, the quality and design of these textile and handicraft products from Vietnam are so remarkable that most of the Japanese buyers get invariably attracted towards these imported goods.

A recently released statistic by Vietnamese Ministry of Industry and Trade (MOIT) shows that the exports of the country to Japan in the first four months of 2008 reached US $2.7 billion marking an increase of 68 percent compared to the previous year.

Textile and garment products ranked second in the list with exports worth $67.6 million in April alone and an average of $243 million in the first four months of this year.

A further emphasis on the quality and design is sure to make Vietnamese products have a upper hand in the international market. This in turn would result in increased domestic exports and greater revenues from client countries including Japan.

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