The Prime Minister highly appreciated the cooperation and valuable contributions of KEIDANREN as well as the role of the two Co-Chairmen in promoting relations between the two countries, serving as a bridge to help Japanese businesses invest more in Vietnam. Vietnam, contributing to the strong development of cooperation between the two countries in all fields, in which very good political and diplomatic relations with high trust are an important foundation to promote economic cooperation, Investment commecial.
Over the past time, Japan has continued to remain the most important economic partner of Vietnam, the first partner in providing ODA loans (with a total ODA capital of nearly 30 billion USD to date), and the second in terms of ODA loans. labor (currently there are more than 2 Vietnamese people in Japan and about 520.000 Japanese people in Vietnam), 22.000rd in investment (with 3 valid projects with a total registered investment capital of 5.304 billion USD ) and 74,4th in trade (with two-way trade turnover reaching 4 billion USD in 2).
Prime Minister Pham Minh Chinh received the delegation of the Japan-Vietnam Economic Committee. Photo: Duong Giang/TTXVN
The Prime Minister also appreciated the Vietnam-Japan Joint Initiative that has been successfully implemented over the past 20 years and welcomed its implementation in the new era focusing on 5 groups of issues: Promoting a Net Emissions Community by 0 Asia/green transition (AZEC/GX); innovation, promoting digital transformation; strengthening the supply chain including supporting industry development; training high quality human resources; reform the mechanism to improve the investment environment.
The two co-chairmen of the Japan-Vietnam Economic Committee said that KEIDANREN and Japanese businesses wish to continue contributing to the relationship between the two countries, which is entering a new phase, especially in economics; Appreciate the political and social stability, rapid economic development, abundant human resources, and large consumer market in Vietnam; KEIDANREN considers Vietnam one of its most important partners.
According to a survey by JBIC (Japan Bank for International Cooperation), in the medium and long term, Vietnam is ranked 2nd among the countries in which Japanese businesses want to invest the most.
Japanese businesses hope to continue expanding business in Vietnam, contributing to promoting Japan-Vietnam economic cooperation in many fields, contributing to the development of supporting industries, digital transformation, and training. high quality human resources in Vietnam, building a global supply chain...
KEIDANREN and businesses are especially interested in accompanying and supporting Vietnam to implement green energy transition, promoting the implementation of projects within the framework of the Political Declaration establishing a public energy transition partnership. (JETP) and Japan's Asian Net Zero Emissions Community (AZEC) initiative.
Prime Minister Pham Minh Chinh spoke at the meeting with the delegation of the Japan-Vietnam Economic Committee. Photo: Duong Giang/TTXVN
The Prime Minister proposed that in the spirit of trust, sincerity and efficiency, KEIDANREN and businesses continue to strengthen economic connections between the two countries, expand investment cooperation activities, especially in priority areas. first mentioned in the Vietnam - Japan Joint Declaration on upgrading relations to "Comprehensive Strategic Partnership for Peace and Prosperity in Asia and the world"; Support Vietnam to develop strategic infrastructure, energy, supporting industries, high-quality agriculture, science and technology, green transformation, digital transformation, environment, climate change response, industry semiconductor, training high-quality human resources, promoting human exchange, cultural exchange, labor cooperation...; Participate in policy recommendations, reform administrative procedures, and improve the investment environment in Vietnam.
Information on fundamental factors, national development path, foreign policy, defense policy of Vietnam, Vietnam's achievements after nearly 40 years of innovation and lessons learned, Prime Minister The Government affirms that Vietnam consistently implements these guidelines and policies and always values relations with Japan as well as the activities of Japanese investors in Vietnam.
Prime Minister Pham Minh Chinh with members of the Japan-Vietnam Economic Committee Delegation. Photo: Duong Giang/TTXVN
The Government of Vietnam continues to accompany, always listen to opinions, understand and share with investors and the business community in the spirit of harmonious benefits, shared risks, working together and winning together. , enjoy together, develop together. Vietnam will continue to promote three strategic breakthroughs (institutions, infrastructure, human resources) to create a fair, open, equitable and transparent business investment environment, reducing compliance fees and logistics costs. , meeting the human resource requirements of investors.
Along with that, continue to firmly protect independence, sovereignty, unity, territorial integrity, political stability, social order and safety, macroeconomic stability, control inflation, promote growth, ensuring major balances of the economy, including ensuring the supply of electricity, gasoline, etc. so that investors can feel secure in doing long-term business.
The Prime Minister also said that Vietnam is continuing to improve procedures for implementing ODA projects and the two sides are discussing to negotiate and sign the Vietnam - Japan Social Insurance Agreement.
