Deputy PM Trinh Dinh Dung (R) receives Managing Executive Officer and Global Head of Infrastructure and Environment Finance Group of the Japan Bank for International Cooperation (JBIC) Kazuhisa Yumikura (Photo: VNA) Hanoi(VNA) – The Vietnamese Government is ready to create all favourable conditionsfor businesses from Japan, and the Kyushu region in particular, to dosuccessful business in Vietnam, Deputy Prime Minister Trinh Dinh Dung said.
He met with Chair of the Kyushu Economy International (KEI) Yutaka Aso andmembers of the Kyushu-Vietnam Economic Exchange Mission in Hanoi on March 15.
The Vietnamese leader expressed his delight to see the Vietnam-Japan extensivestrategic partnership growing strongly, comprehensively and practically acrossthe board with high political trust.
He referred to thefact that Japan is the leading economic partners, the largest ODA provider, thesecond FDI investor, and the fourth bilateral trader of Vietnam. In 2017, Japanpoured 9.11 billion USD in 2017, a fourfold rise from 2016.
He acknowledged andhighly valued the constructive contributions by KEI as well as by Yutaka Aso inaccelerating economic and investment cooperation and connecting businessesbetween the Kyushu region and Vietnam.
He expected thatYutaka Aso will work to encourage more small and medium-sized businesses fromJapan to invest in renewable energy, science-technology, infrastructuredevelopment, environmental protection, climate change response and greenagriculture in Vietnam.
Yutaka Aso saidaround 40 businesses from the Kyushu region took part in this visit and theirrepresentatives had working sessions in Ho Chi Minh City and central Da Nangcity and met with leaders from Vietnamese ministries, sectors and businesses.
He noted that many Kyushu businesses want to invest in developing farm productsin Vietnam, especially flowers and high-tech farm products.
The Deputy PM suggested the Japanese side to work more closely with the ForeignMinistry, the Ministry of Agriculture and Rural Development, and otherministries, sectors and localities and come up with solutions to launchingcooperation in the field.
On the day, Deputy PM Dung hosted Managing Executive Officer and Global Head ofInfrastructure and Environment Finance Group of the Japan Bank forInternational Cooperation (JBIC) Kazuhisa Yumikura.
Host and guest discussed issues relating to stepping up loan arrangement andextricating difficulties arising during the implementation of Japanese-investedBOT power projects.
The Vietnameseleader spoke highly of JBIC’s provision of loans and funding for important infrastructureprojects, especially large-scale energy projects with the involvement ofJapanese investors, in Vietnam.
He talked about someBOT power projects like Nghi Son 2, Van Phong 1 and Vung Ang 2 with Japanese investments,underlining that these projects are important to Vietnam’s power developmentplanning as well as the country’s socio-economic growth.
Vietnam encouragesthe development of high-efficiency power plants to meet funding sponsorshipconditions and new regulations of OECD, he told the guest.
Kazuhisa Yumikurasaid JBIC has actively supported Japanese businesses to come to invest inVietnam, especially in infrastructure and energy, to bring huge benefits forboth sides.
JBIC wishes to continue providing funding in the fields, he said.-VNA
VNA
