VN Prime Minister: Japan’s ODA Placed into Reliable Hands

Prime Minister Nguyen Tan Dung has confirmed the success of his visit to Japan at the invitation of his Japanese counterpart Shinzo Abe, which concluded on Sunday. After the trip, the Vietnamese PM answered the Vietnam News Agency’s questions as follow:

Question: Mr. Prime Minister, what are the importance and results of the visit?

Prime Minister Nguyen Tan Dung

PM Nguyen Tan Dung: This is my first visit to Japan as a prime minister, and I am also PM Shinzo Abe’s first foreign guest since he became Japan’s Cabinet leader this August.

The visit demonstrates the aspiration by both sides to bring friendly relations and multifaceted cooperation to a new height and usher in a new chapter in the friendly relations encouraged by both Governments and peoples during the past decades.

Following are the results:
-The two sides agreed to become strategic partners for building peace and prosperity in Asia.

-The Japanese side pays close attention to Viet Nam’s proposals to sustain and increase official development assistance (ODA). PM Abe pledged to carefully look at Viet Nam’s proposal about ODA to develop infrastructure and high-tech projects.

-The two sides agreed to start official negotiations on an economic partnership agreement next January, expand trade cooperation, increase bilateral trade revenue to US$15 billion USD by 2010 from US$8.5 billion last year. The two sides will further encourage Japanese companies to strengthen cooperation in science and technology, education and training, cultural exchanges and create more favorable conditions for Vietnamese to study in Japan.

-The two countries agreed to continue cooperation in regional and international forums. Japan affirmed to continue assistance for Viet Nam in integrating with the world economy and successfully organize the APEC Summit. Viet Nam reasserted its support for Japan’s bid to become a permanent member of the United Nations Security Council. Japan also backs Viet Nam’s bid to become a non-permanent member in the council in the 2008-09 term.

As for Viet Nam, what is the importance of the negotiations on an economic partnership agreement early next year?

If the negotiations succeed, a Viet Nam-Japan free trade area will be set up to facilitate the two sides in promoting economic relations, trade and investment. Viet Nam will see more opportunities in regional and international economic integration, especially the fact that the country will join the World Trade Organization later this year.

You asserted that Viet Nam has used Japan’s ODA effectively. What is Japan’s attitude, and will its ODA policy for Viet Nam change or not?

During my trip, I asserted that Viet Nam is considered having using Japan’s ODA most effectively. The Vietnamese Government has tried the best to fight against corruption and wastefulness in using ODA supplied by Japan and other international donors, and Japan’s ODA has been put into reliable hands. The Japanese legislative body, politicians and business community were pleased about my assertion, and said they would sustain and increase ODA for Viet Nam in the coming years.

Translated by Tuong Thuy

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