Prime Minister Nguyen Xuan Phuc praises Mitsubishi's contributions to Vietnam's socio-economic development (Photo: VNA)

Nagoya (VNA) – Prime Minister Nguyen Xuan Phuc has called on Japan’s Mitsubishi Corporation to pour more investments in Vietnam, especially in the field of production, and speed up the implementation of its existing projects in the country.

At a meeting with President and CEO of Mitsubishi Corporation Takehiko Kakiuchi in Nagoya on May 28, the Government leader said that Vietnam is a promising market and the Vietnamese Government always creates the best possible conditions for domestic and foreign investors.

Vietnam welcomes and encourages Japanese businesses, including Mitsubishi, to operate in the country, he said, stressing that the affiliation between the corporation and Vietnam’s FPT company over the past years has contributed to the friendship and effective cooperation between the two countries.

Hailing achievements Mitsubishi has reaped globally, the PM described the firm as a pride and one of the symbols of success of the Japanese economy.

Takehiko Kakiuchi, in reply, expressed his belief that following PM Nguyen Xuan Phuc’s visit to Japan, the relationship between the two countries will continue to move forward.

Mitsubishi considers Vietnam an important market and plans to boost its collaboration with local businesses, he said.

He noted that Mitsubishi now has two affiliates specializising in import-export, along with 20 investment projects in Vietnam.

Mitsubishi wishes that PM Nguyen Xuan Phuc and the Vietnamese Government will create optimal conditions for the corporation to implement its programmes and projects in the country in the time to come.

The same day, PM Nguyen Xuan Phuc visited the Yokoyama farm, a model of clean agricultural production in Aichi prefecture.

The PM is scheduled to leave for Tokyo in the afternoon of May 28 to begin his visit to Japan at the invitation of his counterpart Shinzo Abe.

The two leaders are due to hold talks and co-preside over an international press conference.

Following their talks, they will witness the signing of several important cooperation documents, covering the metro line No. 1 connecting Ben Thanh Market in District 1 with Suoi Tien Park in District 9 in Ho Chi Minh City, the Thai Binh thermal power plant and power transmission line project and a project on water environment improvement in HCM City, among others.

This is the first visit to Japan by Nguyen Xuan Phuc as head of the Vietnamese Government.-VNA