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Japanese enterprises not yet to capitalize on FTA with Vietnam

Many Japanese firms in Vietnam have failed to make the most of the tariff preferences under Vietnam-Japan free trade agreement, said Atsuko Fukagawa, deputy managing director of the Japan External Trade Organisation (JETRO) office in Ho Chi Minh City. She made the remark at a workshop on the Vietnam-Japan Free Trade Agreement (FTA) and Economic Partnership Agreement (EPA) in Ho Chi Minh City on October 21. A JETRO survey of Japanese enterprises in Asia and Oceania last year indicated that the FTA utilization rate among those operating in Vietnam, at 36 percent, is relatively lower than that of their peers in the region, for example, Indonesia (58.2 percent), Thailand (53.7…

Japan
Vietnam