“Fumio Koyama from the Japan International Cooperation Agency (JICA) made
the statement at a consultation seminar on garment and textile exports
to Japan, in Hanoi on April 26.
. .

Koyama said that a number of Japanese investors are implementing a
“China 1” business strategy to launch another production line, instead
of focusing only on China, so as to diversify their supply sources.
Vietnam is among locations that receive their attention, he added. . .

For a sustainable growth of Vietnam’s garment and textile exports,
Koyama said that Japanese partners can help Vietnam build production
establishments overseas and train managers and labour force.
. .

The Ministry of Industry and Trade reported that Vietnam’s garment and
textile exports to Japan fetched US$1.2 billion, making up 11 percent of
the nation’s total volume in 2010. At present, Japan is Vietnam’s third
largest garment and textile importer, after the US and the European
Union (EU)”