PM Dung receives Chairmen of the Japan – Viet Nam Economic Committee, Ha Noi, July 25, 2013 – Photo: VGP/Nhat Bac

The Government chief made the statement during his Thursday reception for Chairmen of the Japan-Viet Nam Economic Committee, under the Japan Business Federation (Keidanren), Takahasi Kyohei and Nakamura Kunihira.

He valued the roles of the Committee and Keidanren in promoting cooperation between the two countries in economics, trade and investment, particularly in undertaking the Viet Nam – Japan Joint Initiative (VJJI) to improve the investment environment, boost Japanese businesses’ investment in Viet Nam and enhance Viet Nam’s competitiveness.

He also stressed the importance of economic, trade and investment cooperation in the strategic partnership between the two countries.

PM Dung hoped that the Initiative will bolster cooperation between the two countries’ businesses, especially in the six prioritized industries in Viet Nam’s industrialization strategy, including electronics, agricultural machines, agro-fishery processing, ship-building, environment and energy saving, automobile and parts production.

The two Chairmen expressed their hopes that the Vietnamese Government will create favorable conditions for Japanese investors to come and seek investment opportunities in the country.

The VJJI has been implemented successfully through four periods and the 5^th one, scheduled to be launched soon, will help improve Viet Nam’s business environment and boost the direct foreign investment inflow, particularly from Japan, said Mr. Kyohei.

The guests said during their stay in Viet Nam, they will the first policy dialogue between the Ministry of Planning and Investment and Keidanren. The participants will focus on discussing measures to further Japan’s direct investment in Viet Nam, prospects and challenges in the two countries’ economic ties and specific investment methods.

Keidanren is a comprehensive economic organization with a membership comprised of 1,300 representative companies of Japan, 121 industrial associations and 47 regional economic organizations./ 

By Ngoc Van