On-time implementation contributes to the success of investment projects.

Deputy Prime Minister Tran Hong Ha received Mr. Harada Hidenori, President and General Director of Mitsui Oil and Gas Exploration and Production Company (MOECO) of Japan - Photo: VGP/Minh Khoi

Deputy Prime Minister Tran Hong Ha affirmed that the Vietnam-Japan relationship has never reached such a high level and success as it is today. This is a cooperation that both sides care about and share with each other. The two economies and two countries have similarities and can complement each other in the cooperative relationship.

This year, the two countries held many events to celebrate the 50th anniversary of the establishment of Vietnam-Japan diplomatic relations. In particular, visits by leaders of the two countries affirmed the friendly and active cooperative relationship.

Vietnam always appreciates and welcomes cooperation projects between Japanese enterprises and Vietnamese enterprises. While the world economy is experiencing fluctuations, Vietnam wishes to maintain and develop cooperation and investment relations with Japanese enterprises.

According to the Deputy Prime Minister, the Vietnam-Japan relationship is built on prestige and political trust, which is the foundation for further promoting investment projects and business cooperation between enterprises of the two countries. Japanese enterprises are always welcomed and facilitated by Vietnamese localities. Japanese enterprises' projects in Vietnam are all operating effectively and have plans to expand their investment scale.

Thanking the Deputy Prime Minister for taking the time to meet him, Mr. Harada Hidenori said that MOECO is working with partners to prepare investment procedures for the gas project chain at Block B with the active support and assistance of the Ministry of Industry and Trade. The project has reached the final stages of signing related contracts to soon implement the project in practice.

Talking with Mr. Harada Hidenori, Deputy Prime Minister Tran Hong Ha hopes that "the Block B gas project chain will be a bright spot in economic cooperation between Japan and Vietnam" - Photo: VGP/Minh Khoi

The Deputy Prime Minister emphasized that for the Block B gas project chain that MOECO and its partners are implementing, the progress of upstream, midstream, and downstream projects is a commitment to success. "Project progress is not only a commitment and responsibility between businesses, but also with the Government."

"When implementing an investment project, businesses must win together and make a profit together. During the project implementation process, all parties must take into account market fluctuations to ensure investment efficiency," the Deputy Prime Minister noted and suggested that MOECO and its partners speed up negotiations in a spirit of openness and trust, and soon complete the framework agreement.

The Deputy Prime Minister affirmed that the policies of the Vietnamese State will ensure the project operates stably and sustainably throughout its life cycle, as well as benefit investors; so that "the Block B gas project chain is a bright spot in economic cooperation between Japan and Vietnam".

Source: https://baotainguyenmoitruong.vn/trien-khai-dung-tien-do-gop-phan-vao-thanh-cong-cua-cac-du-an-dau-tu-363431.html