Vietnamese products have room for growth in Japanese market


Producing antibacterial masks at the K's Closet Fashion Joint Stock Company in Hà Nội. There is a huge potential for exports of Vietnamese products, including garments, to Japan. VNA/VNS

HANOI (Vietnam News/ANN): As Vietnam's exports account for only 2.7 per cent of total import demand in Japan, authorities from the Ministry of Industry and Trade (MoIT) see room for growth in the market.

Nguyễn Duy Kiên, from the Department of Markets for Asia and Africa, MoIT said although Vietnam's exports increased sharply in recent years, they still accounted for a very small proportion of Japan's total imports, adding Japan is the country's third-largest export market, after China and the US.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Vietnam , Japan , export , products , growth

Next In Aseanplus News

Security forces, Afghan Taliban exchange fire along border
‘Cockroach’ party founder released by authorities
Rebel fighters try to keep hope alive
Rising PSI hits hawkers hard
Free trade deal signed with four European nations
Proposed export curbs target advanced solar technologies
Unlocking secrets of Mars’ moons
19 dead, 25 hurt in stampede
Egypt says ready to give Saudi Arabia necessary support amid Houthi conflict
Car crashes into private home in Singapore's Katong, knocking down part of wall

Others Also Read