PM thanks Japanese enterprises for accompanying Vietnam

Prime Minister Pham Minh Chinh attends the Vietnam-Japan business forum in Hiroshima on May 21.

Hiroshima (VNA) - Prime Minister Pham Minh Chinh thanked Japanese businessesfor their sharing, accompanying and determination to run a long-term investmentin Vietnam, especially in the context of the current difficulties and challenges,while attending a Vietnam-Japan business forum held in Hiroshima on May 21.

Chinh, who is in Japan to attend the expanded Summit of theGroup of Seven (G7) and for a working visit, said that the Vietnam-Japan relationshipis at its best ever 50 years after they set up their diplomatic ties. Atpresent, Japan is the largest ODA donor, the second largest labour cooperationpartner, the third biggest investor and tourism partner, and the fourth biggesttrade partner of Vietnam.

Vietnam always listens to understand and solve practical issuesappropriately and effectively, including those of enterprises, while continuingto give priority to stabilising the macro-economy, controlling inflation,ensuring major balances, and promoting growth, to three growth drivers ofconsumption, investment, and export.

Prime Minister Pham Minh Chinh speaks at Vietnam-Japan Business forum on May 21. (Photo:VNA)

On that basis, the PM suggested Japanese businesses maintaininvestment in Vietnam, with a focus on innovation, digital economy, greeneconomy, circular economy, knowledge economy, and climate change response; and supportVietnamese firms in joining the global supply chain, and provide assistance forVietnam in technology, capital, governance, human resources training,institution building to help it realise its goal of net zero emissions by 2050.

At the event, participating Japanese businesses spoke highly of the socio-economic achievements of Vietnam - the most dynamic developing country inSoutheast Asia.

They said they identify Vietnam as the leading investmentdestination, and want to continue to expand investment in the country in thefields of energy transition, logistics, real estate, information technology,electric vehicle manufacturing, finance-banking, automated equipment, and garmentand textiles.

They also proposed Vietnam simplify administrative and investmentregistration procedures, provide stable green energy for production, havepreferential policies for several priority economic sectors, and relax policies ongranting work permits.

Acknowledging Japanese businesses’ ideas, PM Chinh affirmedthat the Government has directed ministries, sectors and localities to addressthese issues to create more favourable conditions for enterprises, includingthose from Japan./.

VNA