Vietnam is considered a potential market for Japanese seafood in terms of consumption and seafood processing.
At a business networking event in the seafood sector, including scallops, held in the afternoon of March 14 in Ho Chi Minh City, Toru Yoshimatsu, representative of the Ministry of Agriculture, Forestry and Fisheries of Japan (MAFF), acknowledged that Vietnam is a potential market for Japanese seafood. More importantly, Vietnam has many experienced seafood processing factories, including scallop processing. Therefore, the Japanese government and businesses have chosen Vietnam as a processing location, aiming to export products to ASEAN countries and the United States.
At the end of January 2024, VASEP announced that the Japan External Trade Organization (JETRO) organized a visit for 12 seafood processing and trading enterprises from Hokkaido to Vietnamese seafood processing factories to establish cooperation and find partners for scallop processing.
Vietnam is a promising destination due to its low labor costs, extensive experience in processing seafood products, and few barriers in the export processing sector.
MAFF representatives also added that Japan currently has trade promotion organizations such as JETRO, which can connect and support Vietnamese enterprises in need of importing Japanese seafood quickly.
MAFF also informed that the Japanese government is promoting the attractiveness of Japanese seafood both domestically and internationally and diversifying its export markets. In Vietnam, to promote the attractiveness of Japanese seafood, the target audience includes importers, distributors, retailers, chefs, and related businesses in the food sector in Vietnam.
VFM
