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Deputy PM urges early signing of new-generation ODA deal between Vietnam, Japan

Deputy Prime Minister Tran Luu Quang received Japanese Ambassador to Vietnam Yamada Takio in Hanoi on February 15.
Deputy PM urges early signing of new-generation ODA deal between Vietnam, Japan ảnh 1The meeting between Deputy PM Tran Luu Quang and Japanese Ambassador Yamada Takio in Hanoi on February 15 (Photo: VNA)
Hanoi (VNA) – Deputy PrimeMinister Tran Luu Quang received Japanese Ambassador to Vietnam Yamada Takio inHanoi on February 15.

The Deputy PM asked the two countriesto soon sign an agreement on new-generation official development assistance (ODA)with more preferential terms for Vietnam in 2023, when they celebrate the 50th anniversary of the diplomatic relations.

Yamada affirmed that Japan attachesgreat importance to the promotion of ODA projects in Vietnam and is ready toparticipate in new projects in the country.

Japan is always a leading strategicpartner in terms of ODA, providing 30% of all capital foreign sponsors haveprovided for Vietnam, about 29.3 billion USD, including 1.8 billion USD innon-refundable aid.

Addressing the Vietnam - Japan EconomicForum 2023 earlier the same day, Deputy PM Quang highlighted all-round stridesin bilateral connections.

In particular, partnerships in economy, trade, and investment have always beena bright spot and an important impetus for the countries’ relations to becomesubstantive and generate practical benefits for their people and businesses.

Japan is currently the biggest ODA supplier, the second biggest partner oflabour cooperation, and the third largest investor and tourist source ofVietnam. It also ranks fourth among trading partners of the Southeast Asiannation./.
VNA
#Japanese Ambassador to Vietnam #Yamada Takio #Tran Luu Quang #ODA #Vietnam - Japan Economic Forum #Vietnam - Japan relations #updated Vietnam news #Vietnamplus #Vietnam News Agency Japan Vietnam
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