Business

PM hails contributions by Japan-Vietnam Economic Committee

The impressive results of cooperation in trade and investment between Vietnam and Japan in recent years were greatly contributed by the Japan-Vietnam Economic Committee under the Japan Business Federation (Keidanren), said Prime Minister Nguyen Xuan Phuc.
PM hails contributions by Japan-Vietnam Economic Committee ảnh 1Prime Minister Nguyen Xuan Phuc (front, centre) takes a photo with the Keidanren delegation. (Photo: VNA)

Hanoi (VNA) – The impressiveresults of cooperation in trade and investment between Vietnam and Japan inrecent years were greatly contributed by the Japan-Vietnam Economic Committee underthe Japan Business Federation (Keidanren), said Prime Minister Nguyen XuanPhuc.

While receiving a Keidanren delegation in Hanoion December 12, PM Phuc also hailed the role of the co-chairmen in theVietnam-Japan Joint Initiative which addressed many issues, contributing to theimprovement of the investment environment and attraction of more Japanesebusinesses to Vietnam.

The PM hoped Japanese investors will rise to thetop place in Vietnam, and the bilateral cooperation within the framework of theinitiative will be lifted to a new height, not only dealing withrecommendations raised by Japanese enterprises, but also improving statemanagement.

He added that Vietnam always supports Japanesefirms to invest in Vietnam, and the Government will assign the Ministry ofPlanning and Investment to continue coordinating with Vietnamese ministries anddepartments, and the Japanese side to implement the initiative in the nextphase.

The co-chairmen said the two countries haveactively carried out cooperative activities, notably the establishment of theJapanese Consulate General in the central coastal city of Da Nang in January2020.

They evaluated that Vietnam has strong economicdevelopment with social-political stability, and a large and youngpopulation. 

The country also serves as a gateway of theAssociation of Southeast Asian Nations (ASEAN), and plays an important role inproduction and value chains of Japanese firms. 

The investment environment in Vietnam has beensignificantly improved, they added.

The co-chairmen suggested the VietnameseGovernment consider the priority order of projects based on its public debtceiling so as to cooperate with Japanese partners in infrastructure developmentin Vietnam./.
VNA
#Japan-Vietnam Economic Committee #Japan Business Federation #Keidanren #Prime Minister Nguyen Xuan Phuc #Vietnam-Japan Joint Initiative #Association of Southeast Asian Nations (ASEAN) #Vietnamplus #Vietnam News Agency Japan Vietnam
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