After 4 years of the Economic Partnership Agreements Vietnam – Japan ( VJEPA ) takes effect , many of Vietnam’s export sector took advantage of the advantages of preferential tariffs to boost export growth in the Japanese market The . However, in order to increase their share of Vietnam goods in this difficult market , the export companies to study and better understand the mechanism of commitment of the Free Trade Agreement was signed .
The content presented at the conference ” Promoting export opportunities in Japan ” by the HCM City Department of Industry and Commerce in collaboration with the Institute of Development Studies , WTP center jointly held in Ho Chi Minh City 21 -8 .
In the context of a number of key export markets like the U.S. in Vietnam , the EU is difficult , reducing barriers to Vietnam ‘s merchandise exports to the Japanese market through the implementation VJEPA has contributed important to promote export activities of goods enterprises in Vietnam. Ho Chi Minh City alone , more than 4 years, a number of items of the City took advantage of good deals in the Agreement to achieve growth in exports to the Japanese market such as textiles , footwear , coffee , fruit and vegetables .
According to the HCM City Department of Industry and Trade , if 2009 and 2010 , Japan ‘s only export market of Ho Chi Minh City is ranked 4th in 2011 , 2012, Japan became the second largest export market 2 only after the United States , accounting for 12 % of the total export turnover of the city . In particular , although in 2009 , affected by the impact of the global economic crisis , the city’s total export turnover to Japan reached only $ 3.3 billion , down 19.7 % compared to 2008 but by 2012 , the city’s total imports and exports with Japan has reached 3.98 billion dollars , up 21 % compared to 2009 .
In particular , in the two years 2009-2010 , the city’s export turnover to Japan is always lower than the value of imports in 2011-2012 , but the continuous trade surplus in HCM City in Japan . Only the first 8 months of 2013, the city’s total import-export turnover to Japan reached U.S. $ 2.54 billion of which export turnover reached $ 1.4 billion .
According to Le An Hai , Deputy Director, Markets Asia Pacific , Japan is a huge market and potential for export goods of Vietnam . Although in 2009 , merchandise export turnover of Vietnam to the Japanese market was down 14 % compared to 2008 due to the impact of the world economic crisis , but the overall 2007-2012 period exports of goods of Vietnam to Japan has achieved an average growth rate of about 20 % . 2013 , is expected to speed up the country’s merchandise exports to this market will reach about 18% of the total two-way trade turnover between Vietnam and Japan reached about $ 8 billion .