Vietnamese, Japanese localities sign MoU on economic cooperation

Tuesday, 02/08/2022 10:11
The Ben Tre People’s Committee has signed a Memorandum of Understanding on economic cooperation between the Mekong Delta province and Japanese prefecture of Ehime.
The delegation of Ehime province worked with Ben Tre province. (Photo: 

Speaking at the ceremony, Chairman of the Ben Tre People’s Committee Tran Ngoc Tam said that the province commits to always accompany and create the most favorable conditions for investors from Ehime to realize projects in the locality.

In 2021, Ben Tre’s export turnover to Japan reached 283 million USD, up 6.77% year on year, while imports from the market were valued at nearly 129 million USD. Currently, Ben Tre see 40 businesses exporting processing (90%), seafood (5%), and agricultural products (3%) to Japan. The province hopes to continue to attract investment from Japan in the fields of clean energy, electronic technology, and biotechnology.

At the ceremony, the two sides introduced an overview of the potential and strengths in economic development of each locality. Accordingly, Ben Tre has advantages in agricultural production, tourism, and renewable energy.

Mr. Tokihiro Nakamura, Governor of Ehime prefecture, said that Ehime has the No. 1 industries in Japan, including: shipbuilding industry; output turnover of the paper and paper processing industry; towel production; and processing and producing delicious dishes from small fish.

At the same time, the prefecture is the “Kingdom” of citrus and seafood with the number 1 production in Japan

On this occasion, the two sides signed a MoU on economic cooperation in many fields such as trade, industry, investment, technology, processing of agricultural, forestry and fishery products, and human resource development./.