Vietnam ’s top financial official has called on Japan to considerassistance to Vietnam under the form of public-private partnerships(PPP) to help the country modernise its financial sector.
Finance Minister Vuong Dinh Hue made the statement at a meeting withhis Japanese counterpart Jun Azumi in Tokyo on Oct. 31 within theframework of the visit to Japan by a high-ranking governmentdelegation led by Prime Minister Nguyen Tan Dung.
Hue briefed his host of Vietnam ’s socio-economic situation overthe past time, the country’s macro-economic policy and developmentorientations in the time to come.
He highly valuedJapan ’s cooperation and support for Vietnam , saying Japan isVietnam ’s leading provider of official development assistance (ODA).
The Japanese-aided projects have significantly contributed to Vietnam ’s socio-economic development, Hue said.
The Vietnamese minister proposed the Japanese Finance Ministryincrease loans for Vietnam under the tenth Poverty Reduction SupportCredit (PRSC10) programme from 3.5 billion JPY to 10 billion JPY in thesecond phase of the 2011 fiscal year.
He alsocalled on Japan to provide more assistance to the Support Programmeto Respond to Climate Change (SP-RCC) in the 2012 fiscal year.
For his part, Japanese Finance Minister Jun Azumi noted with pleasurethe efficiency of Japan ’s ODA in Vietnam and pledged that Japanwill increase the capital as well as new types of investment at possibleconditions.
Both host and guest agreed to tightenthe relations between the two ministries to contribute to the strategicpartnership between the two countries./.