Top legislator suggests Japan’s Tokyu Group expand investment in Vietnam
Chairman of the Vietnamese National Assembly (NA) Tran Thanh Man received Chairman of Japan’s Tokyu Group Hirofumi Nomoto in Tokyo on December 5 morning, as part of his ongoing official visit to the East Asian nation.
Chairman of the Vietnamese National Assembly Tran Thanh Man (R) receives Chairman of Japan’s Tokyu Group Hirofumi Nomoto in Tokyo on December 5. (Photo: VNA)
Tokyo (VNA) – Chairman of the Vietnamese National Assembly (NA) Tran Thanh Man received Chairman of Japan’s Tokyu Group Hirofumi Nomoto in Tokyo on December 5 morning, as part of his ongoing official visit to the East Asian nation.
Hirofumi briefed the leader on the joint venture between Tokyu and Becamex - Vietnam’s leading industrial and urban real estate developer - in urban infrastructure development in the southern province of Binh Duong.
Commending Vietnam’s rapid economic growth in recent years, he noted Tokyu's desire to continue its cooperation and share expertise in urban development to transform Binh Duong into a green, smart city, and to scale up its urban infrastructure investments across Vietnam.
For his part, Man lauded Tokyu and its joint venture, Tokyu-Becamex, for their effective real estate projects in Binh Duong, significantly contributing to creating a new ecosystem for living and working, attracting investment, and accelerating the smart city project in the locality.
The top legislator expressed his impression of the group’s subway projects in Tokyo and suggested it support Binh Duong in speeding up the implementation of transport infrastructure projects, including urban railway, while expanding its investments to other Vietnamese localities, helping to build more green, modern urban models nationwide.
Highlighting the robust and comprehensive development of the Vietnam-Japan Comprehensive Strategic Partnership, he said as of October 31, 2024, Japan had run 5,456 valid projects in Vietnam, with total registered capital of 77.4 billion USD.
The NA Chairman also stressed that at its recent 8th session, the Vietnamese legislature approved 18 laws, including the amended Law on Public Investment, which would facilitate the operations of both domestic and foreign investors, remove obstacles, and create breakthroughs in infrastructure development, thus fostering sustainable socio-economic development.
Hirofumi appreciated the NA Chairman’s suggestions and shared Tokyu’s mission that goes beyond profit-making by building sustainable ecosystems in smart cities and building safe and civilised living environments.
Tokyu, one of Japan's oldest and largest conglomerates, operates in various sectors, including railway, transport, retail, culture, and education, with a particular focus on urban development.
🍒 In Vietnam, Tokyu-Becamex Co., Ltd., established in March 2012, has been operating in real estate investment, sale, and leasing./.
National Assembly Vice Chairman Tran Quang Phuong hosted a reception in Hanoi on December 4 for a delegation of the Chinese Association for International Understanding led by its President Ji Bingxuan.
National Assembly Chairman Tran Thanh Man held talks with Speaker of the House of Representatives of Japan Nukaga Fukushiro in Tokyo on December 4 as part of his ongoing official visit to Japan.
Chairman of the Vietnamese National Assembly (NA) Tran Thanh Man expressed his hope for stronger legislative ties with Japan, especially cooperation between the two friendship parliamentarians’ groups, while receiving Chairman of the Japan - Vietnam Parliamentary Friendship Alliance Nikai Toshihiro in Tokyo on December 4.
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Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
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The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
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Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
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The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.