On the morning of March 28, at the National Assembly House, National Assembly Chairman Vuong Dinh Hue received Mr. Fujimoto Masayoshi and Mr. Hyodo Masayuki, Chairman of the Japan-Vietnam Economic Committee of the Japan Federation of Economic Organizations (Keidanren) together. A number of leaders of leading Japanese corporations who are members of Keidanren came to Vietnam to attend the High-Level Meeting to kick off phase 3, the Vietnam-Japan Joint Initiative in the New Era.
The Chairman of the National Assembly welcomed and highly appreciated the cooperation and valuable contributions of Keidanren as well as the role of the two Presidents and leaders of Japanese corporations and businesses in promoting relations between the two countries. A bridge to help Japanese businesses invest more in Vietnam.
Mr. Fujimoto Masayoshi and Mr. Hyodo Masayuki thanked National Assembly Chairman Vuong Dinh Hue for receiving the delegation; expressed joy that the two countries have upgraded their relationship to a comprehensive strategic partnership for peace and prosperity in Asia and the world; At the same time, he said that, entering a new stage of development, from a business perspective, Keidanren wishes to continue promoting economic cooperation between the two countries; believes that Vietnam has political stability, economic development, and a population exceeding 100 million people. Announced at the end of December 12 by the Japan Bank for International Cooperation (JBIC) showed that in 2023, Vietnam rose to second place in the survey of Japanese manufacturing enterprises about countries or regions. areas with the best business prospects. Emphasizing that with the Asian Zero Emissions Community (AZEC) Initiative, Japan considers Vietnam an extremely important partner.
The Chairman of the National Assembly is happy that Vietnam - Japan relations are developing very well in all fields, notably politics, economics and people-to-people exchanges; Especially after the two countries decided to upgrade to a comprehensive Strategic Partnership for peace and prosperity in Asia and the world in November 2. This is a bold highlight on the occasion of the 11th anniversary of establishing diplomatic relations between Vietnam and Japan (2023 - 50), opening up the potential for deeper cooperation between the two countries.
Appreciating the Vietnam - Japan Joint Initiative that has been successfully implemented over the past 20 years, the National Assembly Chairman affirmed that Vietnam always values and supports Japanese businesses investing, doing business as well as participating in policy recommendations, reform of administrative procedures, and improvement of the investment environment in Vietnam.
The Chairman of the National Assembly is pleased to know that on March 27, 3, the two Presidents co-chaired the kick-off meeting of the Vietnam-Japan Joint Initiative in the new era, phase 2024 with the Minister of Planning and Investment. Investment Nguyen Chi Dung and Japanese Ambassador to Vietnam Yamada Takio. This is a concrete step of great significance in implementing the Joint Declaration on upgrading Vietnam - Japan relations to a comprehensive Strategic Partnership for peace and prosperity in Asia and the world. . Accordingly, phase 1 of the Vietnam-Japan Joint Initiative in the new era includes 1 main issue groups: Promoting the Asian Net Zero Emissions Community/green transformation (AZEC/GX); Promote innovation and digital transformation (DX); Strengthening supply chains, including supporting industry development; Training high quality human resources; Reform the mechanism to improve the investment environment.
Discussing 5 contents in phase 1 of this Initiative, on reforming the mechanism to improve the investment environment, the National Assembly Chairman said that the National Assembly is working with the Government to research to develop a law on industry, including supporting industry. The newly amended Electricity Law is partly related to allowing private investment in the power grid. The authorities are reviewing to fundamentally amend this law, which is closely related to Electricity Planning VIII.
The Chairman of the National Assembly affirmed that with the function of being a legislative, supervisory and deciding body on important national issues, the National Assembly of Vietnam always listens to the opinions of businesses in the spirit that no opinions are sent to the public. without being listened to and specifically explained. National Assembly Committees can participate in the implementation of the Vietnam-Japan Joint Initiative in the new era.
At the meeting, the two co-chairmen and representatives of a number of Japanese businesses wished to expand business and investment in Vietnam, mentioned cooperation in training high-quality human resources, and expressed their desire for procedures. Administration, investment and business environment continue to improve...
Noting the opinions, the Chairman of the National Assembly shared Vietnam's current efforts in implementing Resolution No. 29-NQ/TW on fundamental and comprehensive innovation of education and training; including reviewing and promoting the development of the education system, teachers, public-private cooperation in education...
Along with the general review of the legal document system in 2023, in 2024 there will be a general review of administrative procedures, including the field of business investment. From there, it will contribute to continuing to promote reform and improve the efficiency of handling administrative procedures, avoiding "giving birth to child licenses" as well as adding troublesome procedures for businesses and people. The National Assembly will supervise this work.
On this occasion, the Chairman of the National Assembly highly appreciated the Asian Zero Emissions Community Initiative of the Japanese Government; At the same time, AZEC better balances the goals of energy security and energy conversion. Every country considers energy security a "survival" issue and green energy transition is a top priority. Therefore, AZEC is suitable for current practices in Asian countries.
Welcoming this Initiative to have been launched, the Chairman of the National Assembly hopes that all parties will have specific, practical, effective plans and programs, clarifying the mechanism, from the nature of cooperation to human resources and resources, responsibilities of each party, with a summary assessment of previous cooperation programs. The two sides strive to cooperate and actively implement commitments to achieve specific goals, aiming for the common prosperity of the two countries' business communities, contributing to deepening good relations. beautiful between Vietnam and Japan.
The Chairman of the National Assembly said that in implementation cooperation, it is necessary to deal well with linking technology transfer, mobilizing finance and resources, having a scientific implementation mechanism, and consulting with people and communities. business community, relevant agencies at central and local levels, including elected agencies...
The National Assembly Chairman also emphasized that, along with fair energy transition, digital transformation is a task that no country can stand aside from. Digital transformation involves digital trust, national digital sovereignty, network information security... global, cross-border transactions; global connection and coordination. Therefore, when considering digital transformation, we must consider energy conversion...
In supply chains and supporting industries, the key is the connection between Vietnamese enterprises and foreign invested (FDI) enterprises. Vietnam prioritizes businesses that focus on developing secondary investors to form value chains in each region.
Along with that, the Chairman of the National Assembly emphasized the important role of training high-quality human resources and reforming the investment environment, policy institutions, and the participation of relevant agencies, including legislative bodies, coordination of enforcement agencies, and the role of the "command" agency in implementing the Vietnam-Japan Joint Initiative in the new era.
The National Assembly Chairman affirmed that the National Assembly will continue to create conditions to promote, supervise, and be ready to participate in perfecting policy institutions to contribute to the effective implementation of this Initiative.
In that spirit, the Chairman of the National Assembly proposed that the Vietnam-Japan Economic Committee as well as Keidanren continue to coordinate with Vietnamese agencies to strengthen policy dialogue activities, providing information and experiences for Vietnamese authorities are in the process of perfecting laws and policies to further improve Vietnam's investment environment, serving as a bridge to help Japanese businesses invest more in Vietnam.
Appreciating the survey results in JBIC's announcement that Vietnam has risen to second place in the survey of Japanese manufacturing enterprises on countries or regions with the best business prospects, Chairman The National Assembly believes that this demonstrates Vietnam's business investment environment as well as the interest of Japanese businesses in Vietnam. The National Assembly and the Government of Vietnam have been and continue to cooperate and support to create favorable conditions for businesses, including Japanese businesses, to increase investment in Vietnam as well as Vietnamese businesses in Japan. .
The Chairman of the National Assembly hopes that the Vietnam - Japan Economic Committee as well as Keidanren will deploy activities to promote the image, investment environment, potential, and investment cooperation opportunities of Vietnam to large corporations and businesses. Japanese; Encourage and support Japanese businesses to increase investment in Vietnam to diversify supply chains, in accordance with 5 main content groups in phase 1 of the Vietnam-Japan Joint Initiative in the new era.
The Chairman of the National Assembly expressed his belief that with the political determination of the leaders of the two countries, the support and contribution of Japanese businesses, bilateral economic, trade and investment cooperation will increasingly develop. stronger, bringing practical benefits to the people and businesses of the two countries, promoting the growing relationship between Vietnam and Japan.