Vietnam eyes agricultural support from Japan

09:19 | 17/03/2015 Cooperation

A seminar will be held on March 23-24 in Lam Dong Province to strengthen investment cooperation in the agricultural sector between Japanese and local businesses.

Vietnam eyes agricultural support from Japan

The seminar held by the Japan International Cooperation Agency in collaboration with the Japan External Trade Organisation, Bank of Tokyo-Mitsubishi UFJ and Lam Dong Province People's Committee will be an opportunity for b2b meetings to exchange information about each countries' businesses.

Forty-five Japanese and 60 Vietnamese businesses will take part in the event.

The Japanese businesses will take field trips to production facilities in Lam Dong Province to promote investment cooperation during several stages, including production, processing, storage, transport and consumption.

The seminar is held as part of the Japan-Viet Nam Agricultural Cooperation Dialogue, which aims to develop the agricultural sector.

Viet Nam has abundant natural resources but the country has not yet exploited its potential and has low quality and productivity as a result.

Japanese businesses expect to have many opportunities to join production and trading activities in this sector.

The Vietnamese Government hopes that Japanese businesses will bring hi-tech, modern machines to help local companies produce value-added products.

Lam Dong is well-known for its vegetable and flower cultivation. The province is chosen as a model for Japan-Viet Nam agricultural cooperation in the mid and long term.

Source VOV News