Japan pledges to maintain rapid development of VN business ties

President Truong Tan Sang has praised the role of Japan's International Co-operation Agency (JICA) in Viet Nam's development, acknowledging year-on-year increases in financial and technical assistance.

President Truong Tan Sang (L) receives JICA President Akihiko Tanaka in Ha Noi.—VNA/VNS Photo

Speaking with JICA President Akihiko Tanaka in Ha Noi yesterday, Sang highlighted Japan's role as Viet Nam's leading investor, adding that Vietnamese authorities were making efforts to boost bilateral co-operation, including creating favourable conditions for Japanese investors.

Sang also urged Tanaka to prioritise projects in Viet Nam to boost ties between the two countries.

Tanaka stated that JICA was deploying financial and technical resources across Viet Nam to boost bilateral economic growth, environmental sustainability and co-operation.

He also called for greater co-operation from Vietnamese authorities in the implementation of projects.

On the same day, Prime Minister Nguyen Tan Dung also hosted the visiting JICA President, thanking Japan as Viet Nam's largest provider of official development assistance (ODA).

Dung expressed his hope that Japan would maintain its high level of ODA and focus on infrastructure and climate change projects.

The PM affirmed that Viet Nam effectively managed ODA to achieve its targets for social and economic development, asking JICA to closely work with Vietnamese ministries for more effective co-operation.

In response, Tanaka suggested that Viet Nam prioritise site clearance for infrastructure projects, arrange reciprocal capital for ODA-funded projects and increase disbursement for approved projects.

He said that JICA would do its best to boost bilateral relations between the two countries.

Source: VNA

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