He also highlighted Japan as Vietnam's leading important economic partner, biggest partner in official development assistance, second largest in labour cooperation, third largest in investment and fourth largest in trade.

The leader praised the successful implementation of the Vietnam-Japan Joint Initiative over the past two decades and welcomed the continuation of the joint initiative in the new era, focusing on promoting Asia Zero Emission Community/Green Transformation (AZEC/GX), innovation and digital transformation, supply chains, including developing supporting industries; quality human resources development, and mechanism reform to improve the business environment.

Lauding Vietnam as one of the most important partners, the co-chairmen said Keidanren and Japanese firms want to continue contributing to the bilateral ties, especially in economic cooperation.

They cited a survey by the Japan Bank for International Cooperation (JBIC) indicating that Vietnam ranks second among the most attractive destinations for Japanese investors in both medium and long terms, especially in supporting industry, digital transformation, hi-quality human resources training and global supply chain.

Keidanren and Japanese enterprises pledge to support Vietnam's green transition and acceleration of projects aligning with the Political Declaration establishing the Just Energy Transition Partnership (JETP) and Japan's Asia Zero Emission Community (AZEC) initiative, they said.

In response, PM Chinh suggested KEIDANREN and firms continue strengthening economic connectivity between the two countries, expand cooperation in investment, especially in priority areas outlined in the Vietnam-Japan Joint Statement on the upgrade of the Vietnam-Japan relations to a "Comprehensive Strategic Partnership for Peace and Prosperity in Asia and the World"; assist Vietnam in strategic infrastructure, energy, supporting industries, hi-quality agriculture, sci-tech, green and digital transformation, environmental protection, climate change response, semiconductor, quality human resource training, and people-to-people and cultural exchanges, and labour cooperation; and offer suggestions regarding policies, administrative reform, and improvement of the business environment in Vietnam.

Reiterating Vietnam's unwavering support for long-term foreign investors, he said the Southeast Asian country is making efforts to streamline procedures for the implementation of ODA-funded projects, adding that discussions are underway to negotiate and sign a Vietnam-Japan social insurance agreement.

Many opportunities for agricultural exports to Japan

According to the Ministry of Agriculture and Rural Development, Vietnamese agricultural exports to Japan continue to thrive, especially in seafood, rice, coffee, and fruits and vegetables. Japan remains Vietnam’s third-largest market for agricultural, forestry, and aquatic products, following the United States and China. The export value to Japan accounts for 7.2% of Vietnam’s total exports, marking a significant increase of 29.2% compared to the same period in 2023.

Deputy PM welcomes Chinese business delegation

Deputy Prime Minister Tran Luu Quang received a delegation from Dongfang business association led by Pang Gangzhi, Chairman of Anzhi Group, in Hanoi on March 27.

Vietnam, Canada look to boost trade cooperation

The Vietnam – Canada Joint Economic Committee opened its second meeting in Hanoi on March 27, looking to enhance trade and investment collaboration.

Taiwan offers thousands of scholarships for Southeast Asian students

At least 2,000 Vietnamese students will be sponsored by Taiwan with plane tickets, tuition fees, and living expenses to study in semiconductor and engineering fields this year.

Three Vietnamese contestants win high prizes at Japanese music competition

Three Vietnamese contestants, including Pham Thuy Linh, Nguyen Thi Yen Linh, and Le Thi Tuyet Anh, have triumphed over 1,000 counterparts from around the world to win high prizes at the Kyushu Music competition.

NA Chairman stresses solidarity in Hanoi development

National Assembly Chairman Vuong Dinh Hue on March 27 met outstanding scholars, intellectuals, religious dignitaries, and representatives from ethnic minority groups in Hanoi.

Source: NDO