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Prime Minister Pham Minh Chinh: Vietnam consistently implements guidelines and policies

(Chinhphu.vn) - Receiving representatives of Japan's largest economic federation and leaders of the country's leading corporations, the Prime Minister emphasized that Vietnam consistently implements comprehensive and comprehensive guidelines and policies. in a stable, long-term, effective and sustainable way; said that a working group on administrative reform has been established, headed directly by the Prime Minister.

Prime Minister Pham Minh Chinh: Vietnam consistently implements guidelines and policies

The Prime Minister received representatives of KEIDANREN and leaders of leading Japanese corporations - Photo: VGP/Nhat Bac

On the afternoon of March 28, Prime Minister Pham Minh Chinh received and had a meeting with Mr. Fujimoto Masayoshi and Mr. Hyodo Masayuki, co-chairmen of the Japan-Vietnam Economic Committee of the Japan Federation of Economic Organizations (KEIDANREN) and Leaders of leading Japanese corporations that are members of KEIDANREN came to Vietnam to attend the High-Level Meeting to launch phase 3 of the Vietnam-Japan Joint Initiative in the new era.

The working session aimed to contribute to implementing and concretizing the newly established Vietnam-Japan Comprehensive Strategic Partnership.

Attending the meeting were representatives of leading Japanese corporations in many fields such as JBIC, Japanese Airlines, Sojitz, Anna Holdings, Ad-Sol Nissin, Mitsubishi, IHI...

Prime Minister Pham Minh Chinh: Vietnam consistently implements guidelines and policies

The Prime Minister highly appreciated the cooperation and valuable contributions of KEIDAREN as well as the role of the two co-chairmen in promoting relations between the two countries - Photo: VGP/Nhat Bac

The Prime Minister highly appreciated the cooperation and valuable contributions of KEIDAREN 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. , contributing to the strong development of cooperation between the two countries in all fields, in which very good political-diplomatic relations with high trust are an important foundation to promote economic and trade cooperation. trade, investment. Vietnam attaches great importance to relations with Japan as well as the activities of Japanese investors in Vietnam.

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).

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 areas: Promoting a Net Zero Emissions Community Asia/green transition (AZEC/GX); innovation, promoting digital transformation; strengthening the supply chain including supporting industry development; training high quality human resources; reform mechanisms to improve the investment environment. This is a specific step of great significance in implementing and concretizing the framework of the comprehensive Strategic Partnership between the two countries.

The two co-chairmen of the Japan-Vietnam Economic Committee said that KEIDANREN and Japanese businesses expressed their joy that the relationship between the two countries has reached new heights after establishing a comprehensive Strategic Partnership; wishes 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 and according to a survey by JBIC (Japan Bank for International Cooperation), in the medium and long term, Vietnam is ranked 2nd among countries where businesses Japanese businesses want to invest the most.

Prime Minister Pham Minh Chinh: Vietnam consistently implements guidelines and policies

The Prime Minister spent time informing delegates about the fundamental factors, socio-economic development guidelines, culture, foreign policy, defense policy... of Vietnam - Photo: VGP/Japan North

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.

Businesses also raised a number of proposals and recommendations to the Government and ministries and branches to make investment and business more favorable.

Prime Minister Pham Minh Chinh: Vietnam consistently implements guidelines and policies
Prime Minister Pham Minh Chinh: Vietnam consistently implements guidelines and policies
Prime Minister Pham Minh Chinh: Vietnam consistently implements guidelines and policies

Co-Chairman of the Japan-Vietnam Economic Committee of the Federation of Japanese Economic Organizations (KEIDANREN) and leaders of leading Japanese corporations spoke - Photo: VGP/Nhat Bac

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 stated in the Vietnam-Japan Joint Declaration on upgrading relations to "Comprehensive Strategic Partnership for peace and prosperity in Asia and the world".

Accordingly, cooperate and support Vietnam to develop strategic infrastructure, energy, supporting industries, high-quality agriculture, science and technology, green transformation, digital transformation, environment, and response to climate change. climate change, semiconductor industry, 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.

The Prime Minister spent time informing delegates about the fundamental factors, socio-economic development guidelines, culture, foreign policy, defense policy... of Vietnam, and outstanding achievements. of Vietnam after nearly 40 years of innovation and 5 major lessons learned.

Prime Minister Pham Minh Chinh: Vietnam consistently implements guidelines and policies

Prime Minister and representatives of KEIDANREN, leaders of leading Japanese corporations - Photo: VGP/Nhat Bac

The Prime Minister emphasized that these are comprehensive and comprehensive guidelines and policies and Vietnam consistently implements these guidelines and policies in a stable, long-term, effective and sustainable manner under the leadership of the Prime Minister. The Communist Party of Vietnam, headed by General Secretary Nguyen Phu Trong.

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. , reducing waiting time for businesses, meeting human resource requirements of investors; At the same time, a number of policies will be introduced to attract emerging industries. The Prime Minister said he had established a working group on administrative reform headed directly by the Prime Minister.

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 Government of Vietnam continues to accompany and 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.

*KEIDANREN is Japan's largest economic federation, with members including 1.340 of Japan's largest enterprises, 109 national industrial associations and 47 regional and local economic organizations. Large corporations such as Mitsubishi, Sumitomo, Toyota, Toshiba... are all members of KEIDANREN.

The Vietnam - Japan Joint Initiative was initiated in April 4. Over 2003 years, the Vietnam - Japan Joint Initiative has completed 20 stages with 8/497 items completed well and on schedule. , contributing to increasing FDI capital from Japan into Vietnam about 594 times (from 20 billion USD to 4 billion USD).

Based on the Joint Declaration on upgrading Vietnam - Japan relations to "Comprehensive Strategic Partnership for peace and prosperity in Asia and the world", the two sides agreed to implement the Joint Initiative Vietnam - Japan in the new era, phase 1, is expected to be implemented in 19 months from March 03 to October 2024.

Ha Van – Government e-information portal 

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