Vietnam calls for Japan leading in PPP projects

Prime Minister Nguyen Xuan Phuc has called on member groups of the Japan Business Federation (Keidanren) to expand their investment in Vietnam through public-private partnership (PPP) projects, expecting that Japan will lead in executing the PPP form in the country.
Vietnam calls for Japan leading in PPP projects ảnh 1PM Nguyen Xuan Phuc (R) and Keidanren Chairman Sadayuki Sakakibara (Source: VNA)
Tokyo (VNA) – Prime Minister Nguyen Xuan Phuc has called on member groups ofthe Japan Business Federation (Keidanren) to expand their investment in Vietnamthrough public-private partnership (PPP) projects, expecting that Japan willlead in executing the PPP form in the country.

Hemade the appeal at a working session with major Keidanren members like TorayIndustries, JXTG Holdings, Nomura Holdings, Tokyo Gas and Mitsubishi Corporation,among others, on June 7 as part of his official visit to Japan.

Vietnamwoos Keidanren to invest in environmental protection, renewable energy,industry, agriculture, high technology, tourism and services, he said, notingthat Vietnam especially encourages the federation to engage in the equitisationof State-owned enterprises (SOEs), which has been considered one of thecountry’s priorities.

“TheVietnamese Government commits to creating the best possible conditions foryou,” he affirmed.

Vietnamwill do its best to maximise Japan’s official development assistance (ODA), thePM said, suggesting Japanese firms take into account costs of infrastructureconstruction which has remained high.

Respondingto the firms’ proposal for unilateral visa exemption for Japanese, PM NguyenXuan Phuc said since February 1, 2017, Vietnam has launched a two-year e-visapilot scheme for citizens from 40 countries, including those from Japan.

Hereiterated Vietnam’s viewpoints to work together with Japan in order toaccelerate international integration with the economy as the centre in thecontext of trade protectionism.

Vietnamis making every effort to carry forwards its socio-economic achievements in a rapid,strong and sustainable fashion, focusing on green growth, the leader stressed,adding that to that end, the country will pay heed to improving the businessenvironment towards transparency and streamlining administrativeprocedures.   

Atthe meeting, many investors urged Vietnam to improve its capacity in the supportindustry and give more importance to personnel training, especiallyhigh-quality labour resources, to meet the demand of cooperation projects.

Somenoted their wish to cooperate with their Vietnamese partners in construction,industry and energy, and hold regular dialogues with the Vietnamese Governmentto contribute to finalising the country’s legal framework on foreigninvestment.

Vietnamnow houses more than 1,500 Japanese businesses which operate in various fieldssuch as industry, agriculture, construction, culture and education.

Alsoon June 7, PM Nguyen Xuan Phuc attended the inaugural ceremony of theVietnamese Goods Week held by the Hanoi People’s Committee and Japan’s AEONGroup in Saitama prefecture.

With50 pavilions, nearly 70 businesses from Hanoi and other Vietnamese cities andprovinces are introducing their products to Japanese consumers, mostly clothes,footwear, handicrafts, home decorations, souvenirs and processed agriculturalproducts.

Withinthe framework of the event, there will be an exchange programme betweenVietnamese and Japanese enterprises, a workshop on tourism promotion, alongwith an array of cultural activities.

Laterthe same day, PM Nguyen Xuan Phuc and his entourage left Tokyo for Osakacity.-VNA
VNA

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