Vietnam wants to promote cooperation with Japan in economic policy planning and financial management as well as in the training of financial officials and experts.

Politburo member and permanent member of the Party Central Committee’s Secretariat Truong Tan Sang made this statement at the reception to Yoshihiko Noda, Japanese Minister of Finance in Hanoi on May 3.

Sang thanked and spoke highly of the Japanese Ministry of Finance’s role in maintaining and providing ODA to Vietnam at high levels, which, he said, has effectively contributed to the Vietnam’s socio-economic development and improving people’s lives.

Finance Minister Noda hailed the Vietnamese government’s efforts in stabilising the macro-economy, curbing inflation, ensuring social welfare as well as reducing effects of rising food and fuel prices in the region.

He pledged to deliver ODA to projects already agreed by the two countries’ leaders, an effort to further promote the strategic partnership Japan and Vietnam have established.

At talks with Hiroshi Watanabe, President and CEO of Japan Bank for International Cooperation (JBIC), Sang said he hoped JBIC would increase its support for public-private partnership projects in Vietnam, furthering bilateral cooperative ties in the spirit of “Strategic partnership for peace and prosperity in Asia” set out between the two countries.

The JBIC President said that JBIC pledged to help Japanese businesses expand activities in Vietnam and provide finance to projects in developing infrastructure and key industries for Vietnam’s socio-economic development

The Japanese Finance Minister and the JBIC Executive are currently in Hanoi for the Asian Development Bank (ADB) 44 th Annual Meeting./.