Vietnam always attaches importance to developing cooperation with Japan , especially in economics, trade and investment, and creates favourable conditions for Japanese investors to operate effectively in the country.

Politburo member and standing member of the Secretariat of the Party Central Committee Truong Tan Sang made the statement while receiving President of the Japan-Vietnam Economic Committee Kato Susumu and President of the Japan Federation of Economic Organizations (JFEO) Kyohei Takahashi in Hanoi on December 10.

Sang spoke highly of the results of the implementation of the Japan-Vietnam Joint Initiative as well as active contributions by the JFEO and the Japanese Embassy in Vietnam to building a safe and attractive investment environment in the country.

He expressed his belief that the Japanese side will continue to closely coordinate with Vietnamese authorized agencies to effectively implement agreed cooperation contents.

For their part, the Japanese guests emphasized the positive results of a conference on the Japan-Vietnam Joint Initiative in the third phase (WT1-3) with proposals to improve Vietnam’s competitiveness and expand Japanese investment in Vietnam, including stabilizing the macro economy and improving tax policies, human resource training quality and transport systems as well as developing support industries.

The two presidents said the Japan-Vietnam Joint Initiative was a practical cooperation mechanism that should be effectively implemented, helping improve the quality of the economic and trade cooperation between the two countries’ businesses./.