Hanoi (VNA) – Prime Minister Pham Minh Chinh on July 9 affirmed that Vietnam is always ready to coordinate with Japan and other members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in implementing the CPTPP to improve its efficiency and bring more benefits to businesses and people, and increase the CPTPP’s role in regional and global trade.
Chinh made the statement when receiving Shindo Yoshitaka, Japan’s Minister of State for Economic and Fiscal Policy and Minister in charge of Economic Revitalization, New Capitalism, Startups, Infectious Disease Crisis Management, and Social Security Reform, and the CPTPP, in Hanoi.
The PM said in addition to the CPTPP, Vietnam and Japan are also members of many other free trade agreements and economic cooperation frameworks such as the Regional Comprehensive Economic Partnership (RCEP), ASEAN-Japan Comprehensive Economic Partnership Agreement (AJCEP), the Vietnam-Japan Economic Partnership Agreement (VJEPA), and most recently the Indo-Pacific Economic Framework for Prosperity (IPEF). These cooperation frameworks play an important role in promoting trade, investment and business relations between the two countries to a new level.
To continue to bolster bilateral cooperation between the two countries, the Prime Minister called on the Japanese Government to maintain cooperation with and support Vietnam in the cause of national industrialisation and modernisation based on science, technology, innovation, green growth, digital economy, circular economy, sharing economy, and knowledge-based economy.
He hoped Japan will continue to share experiences and cooperate with Vietnam in the field of agriculture, climate change response, coping with population aging; education and training, people-to-people exchange and tourism.
Chinh also asked for Japan’s assistance for Vietnamese businesses to participate in the global supply chain, production chain, and distribution chain.
Agreeing with the Vietnamese Prime Minister, the Japanese minister said that the areas of cooperation that the PM mentioned to contribute to the development of both Vietnam and Japan.
He said Japan hopes Vietnam will continue to coordinate closely with Japan and other CPTPP members to effectively implement the agreement.
The minister proposed that Vietnam coordinate with Japan to promote cooperation with specific programmes and projects, especially in the fields of trade, investment, innovation, entrepreneurship, education, training and labour./.
