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Phu Yen joins with Japan in tuna processing

A joint venture between central coastal Phu Yen province and four Japanese companies will be set up in Phu Yen in the third quarter of the year to buy, process and preserve ocean tuna for export.
A joint venture between central coastal Phu Yen province and fourJapanese companies will be set up in Phu Yen in the third quarter of theyear to buy, process and preserve ocean tuna for export.

A framework agreement to this effect was signed in Phu Yen on March 17by representatives of the People’s Committee and Planning and InvestmentDepartment of Phu Yen province and Director of Japan’s RakuichiBroadband Solution Co, Ltd. Kensaku Matsumoto.

Under theagreement, four companies, namely Rakuichi Broadband Solution Co, Ltd.,I-Point Co, Ltd., Sokurakuhonpo Co, Ltd., and At Work, will bring tworefrigerated vessels to Vietnam to process and preserve ocean tuna, aswell as provide food, petrol and necessities for fishermen at sea.

They will also transfer advanced fishing technology to Phu Yenfishermen, promote and export the joint venture’s products and build anocean tuna trademark for Phu Yen province.

Phu Yen is theleading locality to develop the ocean tuna fishing industry, with afleet of more than 690 vessels that can catch around 5,000 tonnes peryear./.
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