Economy
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| General Secretary of the Communist Party of Việt Nam Central Committee and President Tô Lâm met with leaders from several major Japanese corporations and the Japan Business Federation (Keidanren) in Tokyo on November 9, as part of his official visit to Japan. — VNA/VNS Photo Thống Nhất |
HÀ NỘI — General Secretary and President Tô Lâm on Monday met with leaders and senior representatives from major Japanese corporations in Tokyo where he encouraged them to consider investments in Việt Nam in areas such as the development of smart infrastructure systems, green energy projects and green logistics.
The meeting included the participation of Chairman of the Japan Chamber of Commerce and Industry Kobayashi Ken; Chairman of the Japan Business Federation (Keidanren) Tsutsui Yoshinobu; and representatives from several major corporations and enterprises that are members of Keidanren. Keidanren brings together over 1,500 leading enterprises, possessing significant prestige and far-reaching influence, not only within Japan but also across the global economy.
Representatives from Keidanren expressed their hope that Việt Nam would leverage its role within the regional economic structure, help secure supply chains, uphold free trade, further improve the investment environment and strengthen bilateral cooperation mechanisms.
Senior managers from the corporations provided updates on their investment and business activities in Việt Nam, shared insights into their respective corporate capabilities, proposed potential avenues for future collaboration and investment and pledged to create long-term value while supporting sustainable economic growth in Việt Nam.
They also emphasised the effectiveness of substantive cooperation among businesses, ranging from investment in production and job creation to technology transfer, human resource training, the enhancement of management capabilities and the promotion of innovation within Việt Nam.
They affirmed their commitment to partnering with Việt Nam and contributing to the country’s sustainable growth and prosperity through effective collaboration in areas such as training a highly skilled and technically proficient workforce, transferring technology, developing transport and urban infrastructure, establishing industrial zones, advancing the energy sector and driving digital transformation.
General Secretary and President Tô Lâm said he highly valued the candid and earnest insights shared by the business representatives. He emphasised that this discussion serves as a vivid testament to the deep interest, sincere affection and long-term commitment of the Japanese business community toward Việt Nam’s development.
Affirming that Việt Nam places great importance on and deeply cherishes its long-standing, friendly relationship with Japan, he expressed a desire to further strengthen and elevate this cooperation framework, aiming to generate more substantive and sustainable value for the people of both nations. Economic, trade and investment cooperation serve as the most powerful driving force and a solid pillar connecting the two countries.
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| General Secretary of the Communist Party of Việt Nam Central Committee and President Tô Lâm met with leaders from several major Japanese corporations and the Japan Business Federation (Keidanren) in Tokyo on November 9, as part of his official visit to Japan. — VNA/VNS Photo Thống Nhất |
He said that Việt Nam is actively working to ensure that this partnership becomes more balanced in the coming years. In this process, members of Keidanren play a core role, acting not only as a robust bridge for the influx of capital and advanced technology but also as a model for high-standard business culture, characterised by integrity, discipline, workplace safety and environmental protection.
Highlighting the need to enhance the quality of cooperation in the current global context, he suggested that both sides transition from ‘a traditional model based on the simple reception and transfer of resources’ toward a model of ‘co-creation, characterised by deep integration within value and supply chains’. This shift aims to foster high-quality growth and strengthen strategic autonomy, ultimately ensuring prosperity for both nations.
Realising this vision requires the active participation of the business sector, particularly those enterprises capable of providing strategic direction and leadership. Keidanren member enterprises should view Việt Nam not merely as a base for basic manufacturing or a potential consumer market, but as a long-term strategic partner, one with whom they can co-create and develop products, pilot new business models, advance strategic technologies, build ecosystems for high-tech industries, semiconductors, and artificial intelligence, as well as develop large-scale data centers and AI-driven solutions.
Sharing Việt Nam’s development goals, he encouraged businesses to invest in areas such as the development of smart infrastructure systems, green energy projects, green logistics and green industries.
He also urged them to collaborate with Việt Nam on researching and developing new technologies aimed at reducing emissions and ensuring energy security at reasonable costs and in a manner that maintains the economy’s competitiveness, as well as to help develop a modern financial-banking ecosystem and capital market that meet international standards, and to advance the high-tech healthcare, pharmaceutical, and biotechnology sectors.
He affirmed that Việt Nam is committed to maintaining socio-political stability, providing absolute assurance for the long-term plans of businesses. He emphasised the country’s dedication to driving institutional breakthroughs, continuing to review and streamline administrative procedures and resolving bottlenecks to establish a transparent and consistent legal framework that protects the legitimate rights and interests of investors.
Furthermore, he highlighted Việt Nam’s commitment to ensuring a stable and adequate supply of electricity, water, telecommunications infrastructure, land, and human resources. — BIZHUB/VNS
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| General Secretary of the Communist Party of Việt Nam Central Committee and President Tô Lâm met with leaders from several major Japanese corporations and the Japan Business Federation (Keidanren) in Tokyo on November 9, as part of his official visit to Japan. — VNA/VNS Photo Thống Nhất |