Prime Ministers Nguyen Xuan Phuc and Shinzo Abe reached high consensus on major orientations and specific measures to push forward the extensive strategic partnership between Viet Nam and Japan in a more comprehensive, practical and effective manner during their talks in Tokyo on Tuesday.

Prime Ministers Nguyen Xuan Phuc and Shinzo Abe at the press conference (Source: VNA)

PM Phuc affirmed that Viet Nam consistently considers Japan a top and long-term economic partner and attaches extreme importance to the strategic cooperation in economy with Japan. 

PM Abe highly valued Viet Nam’s increasingly important role in the region and the world and vowed to provide strong support for Viet Nam’s development with the involvement of Japanese small and medium-sized enterprises, corporations and research institutes. 

Mr Abe promised full support for Viet Nam to successfully hold the forthcoming APEC’s Economic Leaders’ Week (AELW) in Da Nang in November 2017.

Host and guest were unanimous in promoting Japanese investments in Viet Nam via effectively launching the 6^th stage of the Viet Nam-Japan Joint Initiative and strengthening public-private partnership.

After their talks, the two PMs witnessed the exchange of 14 signed documents between Vietnamese and Japanese ministries and agencies.

The documents include the diplomatic notes for the exchange of four official development assistance (ODA) projects worth 100.3 billion JPY (roughly 912 million USD).

Others are diplomatic notes for the exchange of 3 nonrefundable aid projects valued at 2.93 billion JPY (26.6 million USD), covering the operation of reservoirs in case of emergencies and effective flood management through the inclusive natural disaster management information system; and the Human Resources Development Scholarship Programme in 2017 and 2018.

PM Shinzo Abe said Japan, with its outstanding technologies and experience, is resolved to contribute to building high-quality infrastructure, improving the investment environment and developing human resources in Viet Nam, thus creating business opportunities that bring benefits to both sides.

Regarding the wave of protectionism and anti-globalisation, the Japanese PM pledged that he will work together with his Vietnamese counterpart to push up free trade and investment.

Japan will comprehensively support Viet Nam’s hosting of the AELW, he committed.

The 2 countries will also join hands with each other to soon materialise the Trans-Pacific Partnership (TPP) agreement and the Regional Comprehensive Economic Partnership (RCEP).

During the PM’s visit, the 2 countries’ ministries, agencies and localities signed 43 foreign direct investment (FDI) documents valued at over 22 billion USD, he said.

(Source: VNA)