Thursday, August 16 2018

VietNamNews

President lauds Việt Nam-Japan investment ties

Update: August, 01/2018 - 07:00
President Trần Đại Quang received a delegation from the Japan-Việt Nam Economic Committee under the Japan Business Federation (Keidanren) in Hà Nội yesterday.— VNA/VNS Photo Nhan Sáng

HÀ NỘI — President Trần Đại Quang received a delegation from the Japan-Việt Nam Economic Committee under the Japan Business Federation (Keidanren) in Hà Nội yesterday. Keidanren is the largest economic organisation in Japan with 1,340 companies, 109 industrial associations and 49 regional economic organisations. 

Quang appreciated Keidanren’s support for Việt Nam during the country’s efforts to improve its investment environment, as well as the organisation’s activities to connect Japanese and Vietnamese firms and promoting the strategic partnership between the two countries. 

He held that the sharing of many common strategic interests between the two countries, along with the prompt implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Việt Nam defined Japan as its leading and long-term partner, and was keen on working with Japan to further bolster the partnership. 

He asked Keidanren to continue co-ordinating with the Vietnamese side to lure more Japanese investment to Việt Nam’s prioritised sectors – high-tech agriculture, agro-fisheries processing, electronics, agricultural equipment, environmental protection, power saving, oil and gas, and automobile and spare parts production. 

He lauded the role of the two co-chairs of the Japan-Việt Nam Economic Committee, Kuniharu Nakamura and Hideo Ichikawa, in promoting the collaboration between the two countries, especially in the implementation of the Việt Nam-Japan Joint Initiative. 

Nakamura said that the building of the extensive strategic partnership between Việt Nam and Japan had helped to boost bilateral economic co-operation. 

He said that Japanese firms saw Việt Nam as an attractive market with high economic growth, a large population, and political stablity. Việt Nam was also a gateway to other ASEAN countries, he noted, adding that the Southeast Asian country had made bigger contributions to the global value chain. 

Nakamura affirmed that Keidanren wanted to work with Việt Nam to improve the country’s competitiveness through supporting human resource training and granting more scholarships to local students. 

Meanwhile, Ichikawa noted that the Việt Nam-Japan Joint Initiative had contributed to attracting more investment in Việt Nam, underlining that Japanese firms hoped to continue engaging in high-quality infrastructure projects in Việt Nam under the public-private partnership (PPP) model. 

He committed that Keidanren would continue co-ordinating closely with Việt Nam to realise the initiative. — VNS

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