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Visit boosts Japan agri-business

THUrsday - 23/10/2014 16:40
Scores of Japanese firms are eyeing Vietnam’s agricultural sector as a potential investment goldmine.


Governor Masaru Hashimoto of Japan’s Ibaraki Prefecture who led a delegation to Vietnam last week said that the visit aimed to strengthening co-operation in several sectors, but especially agriculture. The 100-strong delegation of Japanese business representatives included 70 representatives with a particular interest in agriculture and represents part of efforts to realise high-level agricultural co-operation between Vietnam and Japan.

“We recognise that Vietnam has grown rapidly. With growth, we would like to strengthen co-operation in many fields such as food processing, labour sourcing, training and transfers of high technology,” said Hashimoto.

“There will be a new investment wave of Japanese enterprises into Vietnam after the two countries elevated their ties to a new level of extensive strategic partnership,” he added.

Taku Kaitsuka, director of baked sweet potato vendor Potato Kaisuka’s sales division in Ibaraki Prefecture told VIR that “this is the first time we’ve visited and surveyed Vietnam. Our aim is to co-operate with Vietnamese partners to build farms in the Central Highlands province of Lam Dong as well as supply our high quality products to Vietnam.”

Kazunari Sutou, senior assistant director for engineering affairs of Ibaraki Prefecture, said that Ibaraki’s feed sector had also developed and produced top quality soft marbled beef. 

“Vietnam wishes to acquire experience in management, processing technology and product supply chains from Ibaraki,” Minister of Agriculture and Rural Development Cao Duc Phat told the Governor of Japan’s Ibaraki Prefecture, Hashimoto Masaru.

The minister hoped that the two sides would focus on technological co-operation, applying new technology to agricultural production, biotechnology, processing, and post-harvest preserving, while collaborating to increase the value of products along the processing chain.

On the occasion of President Truong Tan Sang’s visit to Ibaraki Prefecture in March, he mentioned he signed a memorandum of understanding to boost agricultural co-operation by supporting agricultural engineers training and applying advanced technologies in agricultural production.

In May, Governor Hashimoto said Vietnam’s Ministry of Labour, Invalids and Social Affairs and the Ibaraki Agriculture Association signed an agreement on receiving Vietnamese apprentices to learn agricultural techniques used in Ibaraki.

For the past five consecutive years, Ibaraki’s agricultural production value has ranked second in Japan, just after Hokkaido. Ibaraki has taken the lead in Japan in sales turnover of fruits and vegetates to Tokyo for the past ten years.

Source: Vietnam Investment Review

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