Japan will assist Vietnam in attracting finance and advanced technology to serve the country’s sustainable development.

This was signalled at the July 7 trade exchange between more than 150 Vietnamese businesses and Japanese partners who came to Vietnam to study the market and seek cooperation opportunities.

The event was organised in Ho Chi Minh City by the Vietnam Chamber of Commerce and Industry (VCCI) Ho Chi Minh City chapter, in partnership with authorities from Japan ’s Osaka city.

The participating Japanese businesses operate in auto manufacturing, producing plastics, electronic and educational facilities, poultry meat processing, information technology, design and computer graphics and handicrafts.

Between 2010 and now, trade ties between Vietnam and Japan made great progress, marking the cooperation in sustainable socio-economic development between HCM City and Osaka city, said Naritada Ito, head of the Japanese delegation.

Naritada Ito proposed that Vietnam simplify administrative and customs procedures that hindered foreign investment and inputs, in order to join the group of leading regional economies.

Japan is now one of Vietnam ’s leading trade partners and its largest investor./.