Tuesday, July 17 2018


President receives visiting Japanese business delegation

Update: March, 07/2012 - 09:54

HA NOI — President Truong Tan Sang yesterday received a delegation of the Japan Business Federation (Keidanren) who visited Viet Nam to boost co-operation in the fields of aviation, transportation, nuclear power and mining.

The federation's chairman, Yonekura Hiromasa, emphasised that this visit was an important opportunity for representatives of leading Japanese economic groups to discuss their proposals with Vietnamese State and Party leaders.

Praising Viet Nam's success in the process of industrialisation and modernisation, Hiromasa said he thought Viet Nam should pay more attention to developing support industries. He affirmed that Japanese enterprises were poised to share their expertise in human resources training, infrastructure development and technology with Viet Nam.

He said Viet Nam should try new partnership models such as Public-Private Partnership and more effectively implement projects in prioritised fields.

Hiromasa noted that Japan was one of the leading economies in the world, so the country's participation in the Trans-Pacific Partnership would help increase the co-operative potential and the attractiveness of this economic partnership. He said Japan would appreciate Viet Nam's support during its bid for membership.

Welcoming the Japanese economic giants, Sang spoke highly of the role of the Keidanren, and in particular the Viet Nam – Japan Economic Committee, in boosting the trade and investment partnership between the two countries.

He said with the flow of Official Development Assistance from Japan to Viet Nam, the economic ties between the two countries would continue to grow. The federation should help encourage more enterprises to invest in Viet Nam in the fields of high-technology, infrastructure, human resources training and the environment.

Sang affirmed Viet Nam would continue to create favourable conditions for Japanese enterprises to invest in Viet Nam. Viet Nam pledged to support Japan's participation in the Trans-Pacific Partnership.

Also yesterday, Sang received the business delegation of Ceylon Chamber Commerce from Sri Lanka, whose visit was intended to boost the economic and trade partnership between the two countries.

The President welcomed the Sri Lankan businessmen seeking opportunities in Viet Nam. He said the two sides should implement the agreements signed by the countries' presidents during state visits in 2009 and 2011.

Both commerce chambers should exchange more information on the opportunities available and use the strengths of each side to boost two-way trade turn-over to the target of US$1 billion, Sang said.

He said Viet Nam was willing to share its experience in attracting foreign investment and believed that with a sound investment climate and political stability, Sri Lanka would be able to draw larger investments in the future.

Chairman of the Sri Lanka – Viet Nam Business Council Anton Godfrey said the purpose of the visit was to engage in direct exchange, to seek opportunities for importing Vietnamese goods and to expand the co-operation in investment between the two countries. — VNS

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