About VIETNAM

 ABOUT VIETNAM

  • Geographical Superiority
  • Progressive Internationalization
  • Politics - Society -  Culture
  • Economic Growth
  • Abundant Labor Force
  • Good Relationship with Japan
  • About Southern Vietnam

The Geographical Features of Hanoi

The Capital, Hanoi, is located in the North near the Chinese border, and the city has a history of trade with China.

Geographical Features of Ho Chi Minh City

Ho Chi Minh City is the biggest city in Vietnam, and being located in the center of the ASEAN region, it is expected that relations with the other ASEAN nations will increase in the future.

Since AFTA-CEPT came into effect following the start of AFTA in 2010, tariffs among the 6 countries that make up the earliest ASEAN members have been eliminated. In the end of 2015, Vietnam and other 3 countries (Myanmar, Laos, Cambodia) will also become part of this zero-percent tariff ASEAN territory.

Trade Intensifying Among ASEAN Countries
*AFTA-CEPT: Has eliminated tariffs and non-tariff barriers within the region, making the ASEAN countries a Common Effective Preferential Tariffs (CEPT) free trade area.

Cross-border transportation has increased thanks to broadening markets and developments in the international division of labor. An Asia highway network is also under development to create a transportation system between the ASEAN countries and China.

Through the Common Effective Preferential Tariffs scheme under AFTA-CEPT, it is predicted that materials procurement and product supply among the ASEAN countries will intensify.

CBTS (Cross-Border Transportation Service) via Truck
*Sojitz Logistics Corporation is the first Japanese company to implement a CBTS through East-West Corridor no.2 (Vietnam - Cambodia - Thailand).
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