Prime Minister Pham Minh Chinh stated three important messages at the expanded G7 meeting, demonstrating Vietnam's role, contribution and international prestige, according to the Foreign Minister.
Prime Minister Pham Minh Chinh has just finished a business trip to attend the G7 Summit and work in Japan, with many results in multilateral and bilateral aspects, according to Foreign Minister Bui Thanh Son.
During the three days the Prime Minister attended the conference and conducted activities on the sidelines, Vietnam contributed important approaches and solutions from the perspective of a developing country, promoting extensive and comprehensive international integration.
At the sessions of the expanded G7 summit, Prime Minister Pham Minh Chinh raised three important messages, including promoting a more substantive and effective global partnership. In this message, the Prime Minister highly valued international solidarity and persisted in multilateral cooperation, considering this as the key to solving the current unprecedented challenges.
Prime Minister Pham Minh Chinh (right), US President Joe Biden (left) and Brazilian President Lula da Silva shake hands on the sidelines of the discussion session on "Towards a peaceful, stable and prosperous world", May 21, in Hiroshima, Japan. Image: VNA
In the second message, the Vietnamese leader said that as climate change becomes more and more complicated, efforts to reduce emissions and energy transition can only be successful with a global, universal, balanced and reasonable approach according to different conditions and levels between countries.
The third message raised by the Prime Minister was to settle all disputes by peaceful means, in the spirit of respect for the law, respect for the United Nations Charter and international law, and to settle all disputes by peaceful means.
The Prime Minister also made many proposals to promote cooperation in solving common international and regional issues, which were highly appreciated by leaders of countries and international organizations.
According to Minister Bui Thanh Son, Vietnam's participation has made an important contribution to the joint efforts of the international community to maintain peace, stability and development on the basis of equality, in line with the interests of developing countries.
"The mission left a deep mark on Vietnam's international role, contribution and prestige, affirming the image of Vietnam having an important voice in global affairs," the minister said.
Bilateral activities during the business trip also contributed to deepening the relationship between Vietnam and its partners.
With Japan, the Prime Minister's talks and exchanges with his Japanese counterpart Kishida Fumio, leaders of Hiroshima Prefecture and other Japanese circles have contributed to improving political trust and promoting the extensive strategic relationship between Vietnam and Japan.
Prime Minister Pham Minh Chinh and Japanese Prime Minister Kishida Fumio in Hiroshima, Japan, May 21. Image: Duong Giang
Japan is the largest grantor of concessional aid to Vietnam with about 2.980 billion yen ($21,6 billion) over the past 30 years.
Minister Bui Thanh Son said that Vietnam - Japan have reached a consensus in promoting the ability of Japan to provide new-generation ODA to Vietnam. This is a capital with high incentives, simple and flexible procedures for strategic infrastructure development projects, such as highways, North-South high-speed railway, and Ho Chi Minh City - Can Tho railway.
He assessed that the new generation of ODA cooperation, especially in strategic infrastructure and promoting economic and trade cooperation, will be the key orientations of the Vietnam-Japan extensive strategic partnership in the new period.
The two countries have signed three ODA cooperation documents worth 61 billion yen (about 500 million USD) for a new generation ODA program project for post-Covid-19 economic and social recovery and development and two traffic infrastructure improvement projects in Binh Duong and Lam Dong.
Minister of Transport Nguyen Van Thang said that finding and mobilizing a new generation of ODA for transport infrastructure projects will reduce the burden on the budget in the context of many tasks that need to be spent.
In order for loans to be effective, the procedure needs to be shortened, because this is a major obstacle in the recent ODA disbursement, causing projects to be delayed and completed behind schedule. "Procedural obstacles, if not overcome by relevant ministries and sectors, will turn preferential loans into high-interest loans," Minister Thang said. VnExpress.
Prime Minister Pham Minh Chinh and his Japanese counterpart Kishida Fumio witnessed the exchange of documents to sign three ODA cooperation projects with a total value of 61 billion yen (about 500 million USD). Image: Duong Giang
2023 is the year Vietnam - Japan celebrate the 50th anniversary of the establishment of diplomatic relations. The extensive strategic partnership of the two countries has developed comprehensively over the past time. Japan is the first G7 member to recognize Vietnam's market economy status.
This country is Vietnam's fourth largest trading partner, the total import and export turnover last year reached nearly 50 billion USD, up from 42,7 billion USD in 2021. In the first three months of this year, import and export turnover of the two countries reached nearly 11 billion USD.
Regarding direct investment, Japan ranks third among 143 countries and territories pouring capital into Vietnam. Accumulated to the end of March, Japanese enterprises have invested in 3 FDI projects in Vietnam, with a total capital of nearly 5.050 billion USD.
Prime Minister Pham Minh Chinh also had dozens of bilateral meetings with G7 leaders, such as US President Joe Biden, British Prime Minister Rishi Sunak, German Chancellor Olaf Scholz, Canadian Prime Minister Justin Trudeau and many international organizations.
The partners all expressed their willingness to strengthen multifaceted cooperation with Vietnam, focusing on economic and trade, and addressing emerging issues such as food security, climate change response, and circular economy.
