Vietnam’s exports to Japan still increased in the first fourmonths of this year despite the twin natural disaster in the latter.
Statisticsshowed that the Southeast Asian country earned 2.8 billion USD fromexport to Japan in the four-month period, a year-on-year rise of24.4 percent. The value accounted for 10.2 percent of the country’stotal export turnover in the period.
Of the export staples,garment posted 464 million USD, up 42 percent, and seafood, 238 millionUSD, up 5.7 percent. Japan is currently Vietnam ’s third largestgarment importer, behind the US and EU.
According to VoThanh Ha, Head of the Northeast Asia Division, the Industry and TradeMinistry’s Asia-Pacific Department, Vietnamese consumer goods,especially agro and seafood products, would see as a high degree ofprofits to be earned from Japan as they are affordable for themajority of middle-income Japanese earners.
Besides, Vietnam’s raw materials, such as coke, electric cables, electronic spare partsand rubber products are highly needed by Japan as it is in theprocess of restoring infrastructure after the March 11 disasters.
Despitegrowth, Vietnam ’s export value accounts for only 1 percent of Japan’s total imports, while China represents 20 percent, Thailand , 2.9percent, and Malaysia , 2.8 percent.
To better thesituation, Ha suggested exporters to study carefully Japan’srequirements, especially technical standards and product quality, aswell as checking goods quality following Japanese standards./.
Statisticsshowed that the Southeast Asian country earned 2.8 billion USD fromexport to Japan in the four-month period, a year-on-year rise of24.4 percent. The value accounted for 10.2 percent of the country’stotal export turnover in the period.
Of the export staples,garment posted 464 million USD, up 42 percent, and seafood, 238 millionUSD, up 5.7 percent. Japan is currently Vietnam ’s third largestgarment importer, behind the US and EU.
According to VoThanh Ha, Head of the Northeast Asia Division, the Industry and TradeMinistry’s Asia-Pacific Department, Vietnamese consumer goods,especially agro and seafood products, would see as a high degree ofprofits to be earned from Japan as they are affordable for themajority of middle-income Japanese earners.
Besides, Vietnam’s raw materials, such as coke, electric cables, electronic spare partsand rubber products are highly needed by Japan as it is in theprocess of restoring infrastructure after the March 11 disasters.
Despitegrowth, Vietnam ’s export value accounts for only 1 percent of Japan’s total imports, while China represents 20 percent, Thailand , 2.9percent, and Malaysia , 2.8 percent.
To better thesituation, Ha suggested exporters to study carefully Japan’srequirements, especially technical standards and product quality, aswell as checking goods quality following Japanese standards./.
