Day: 25 July 2023

Most of the time, foreign investors will encounter two major hindrances while looking for their ideal business partners in Vietnam:

・Finding potential local business partners through the Internet is hardly possible. This is because many local companies do not have websites. Even if they do, there is not enough information provided on the website and they are all written in Vietnamese.

・Due to the language barrier, if you only speak your own language such as English or Japanese or etc. and try to call some Vietnamese companies, you will most likely be hung up or will not be able to get the information you need.

The search for a local business partner or distributor is pretty straightforward with the assistance from GTS:

Stage 1: Performing Business Development Analysis

We perform a thorough and custom business development analysis based on your business sector and requirements.

Stage 2: Finding a Potential Local Partner

We get in touch with all potential partners found through the analysis and shortlist the most suitable ones for your business.

Stage 3: Planning for Your Visit

We plan and prepare all your business visits to Vietnam, business negotiations, transportation, consultations, translators, follow-ups and reports.

Stage 4: Ensuring Communications and Signing Agreement

We make continuous communications with the chosen local partner with a business plan and a partnership agreement.

Get in touch with us  to discuss the criteria of your business partner. We strive to provide the best business solutions that are tailored to your business needs.

Hanoi, July 20, 2023 – The Inauguration Ceremony of a food quality inspection facility was jointly held by the Japan International Cooperation Agency (JICA) Vietnam Office and the Ministry of Agriculture and Rural Development (MARD) in Hanoi on July 20.

This is a part of the Grant Aid (GA) Project for “Enhancing Laboratory Capacities of the
Reference Testing and Agrifood Quality Consultancy （RETAQ） Center for Ensuring Safety of Agricultural and Fisheries Foods”. The total grant amount for the Project is around 1.2 billion Japanese yen (roughly 10.9 million USD at the time of the Grant Agreement signing).

During the period of 2019-2023, through the GA Project, Japan has provided advanced equipment needed to establish an inspection system for RETAQ Center and advised facility management for effective use of these equipment, while RETAQ Center constructed the facility itself.

Following the GA project, a new Technical Cooperation (TC) Project for “Enhancing the Capacity of Food Safety Testing, Reference Testing and Consultancy to Contribute to Sustainable Agricultural Development” is going to be implemented to strengthen the organization and the function of RETAQ Center, and to improve the capacity of inspection agencies for agricultural and fishery food products of Vietnam. At the Inauguration Ceremony, Mr. Tran Thanh Nam – Vice Minister of MARD and Mr. Sugano Yuichi – Chief Representative of JICA Vietnam Office signed the Record of Discussions (R/D) for implementing the TC Project for 3 years from November 2023.

As a member of the World Trade Organization (WTO) since 2007, Vietnam is responsible for implementing WTO agreements, including the sanitary and phytosanitary measures (SPS) Agreement to protect human and animal health in the country as well as handle technical barriers applied to agro-forestry and fishery products for export.

The RETAQ Center is believed to enhance the capacity of reference testing and consultancy on food quality and safety according to international standard, contributing to improving the quality and safety of Vietnam’s agricultural and fishery food products, meeting the domestic consumption demands and promoting export.
JICA will actively work with the Government and the people of Japan to continue the cooperation and support Vietnam for sustainable agriculture development.

[NEWS]