PM Pham Minh Chinh addresses the Vietnam - Japan investment promotion forum. (Photo: VGP)

Addressing the forum, PM Chinh said the extensive strategic partnership has entered a new stage of cooperation and development following his high-level talks held with Japanese Prime Minister Fumio Kishida and the release of a joint statement on bilateral cooperation on November 24.

“This is a good chance to promote investment and create a better business environment,” said the PM, adding that despite global complication and strategic competition, bilateral relations “have never been as good as they are now,”

He went on to affirm that Vietnam remains an attractive investment destinations for foreign businesses thanks to its political stability coupled with an abundant skilled workforce.

“We will guarantee political stability for your long-term investment,” he assured a host of leading businesses in attendance at the forum.

According to the Vietnamese PM, the world is in the midst of confronting numerous challenges, including the COVID-19 pandemic, climate change, resource depletion, environmental pollution, and an aging population that needs to be addressed.

“These issues are of global nature therefore global approaches are needed to overcome challenges and develop together,” he said.

He urged developed economies to share their experience and provide assistance to developing economies, including Vietnam, as a means of tackling these challenges in order to create a better world for all.

The PM called on financiers to invest in clean and green Vietnamese technology, train high-quality human resources linked to innovation, and develop a national governance that is both modern and transparent.

The Vietnamese Government will strive create the best possible conditions for foreign businesses, including those from Japan, in order to operate successfully in the country, said the PM. He went on to pledge to tackle corruption and cumbersome procedures faced by firms.

“Japan has its strengths, while Vietnam possesses opportunities. The sincere and trustworthy relationship between the two countries has stood the test of time for nearly half a century. These are the favourable conditions for the two sides to cooperate and win together,” stressed the PM.

Vietnam and Japan exchanged 44 cooperation documents signed during the PM's visit. (Photo: VGP)

At the forum, the two sides signed more than 40 cooperation documents worth billions of US dollars in various areas, such as cow farming, aquaculture, tuna processing, renewable energy, red bean processing, and health care. 

Source: VOV

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Vietnam regards Japan as a long-term, important and reliable strategic partner, Prime Minister Pham Minh Chinh told his Japanese counterpart Kishida Fumio during their talks in Tokyo on November 24.

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