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Photo: VGP/Quang Hieu
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The Viet Nam-Japan Extensive Strategic Partnership for Peace and Prosperity in Asia has been blossoming since it was set up, the PM said.
Japan has been the largest Official Development Assistance (ODA) provider for Viet Nam and the second largest investor of Viet Nam with US$39 billion in 3,000 projects.
Viet Nam is determined to establishing a transparent Government, serving people and businesses and making efforts to improve the business environment, he affirmed, adding that the nation has focused on completing the mechanisms, increasing capacity, effectiveness and competitiveness as well as restructuring the economy, accelerating administrative procedures and upgrading infrastructure.
Orientation for cooperation
The PM proposed orientations for the two nations to enhance cooperation in investment, trade and tourism.
He encouraged the Japanese investors to pour investment in six areas detailed in the Action Plan for the Viet Nam Industrialization Strategy within the framework of Viet Nam - Japan cooperation and projects in such areas as infrastructure development in the form of Public-Private Partnership (PPP), high-quality services and equitization of State-owned enterprises.
The PM expected that the two-way trade turnover will be upgraded to US$60 billion by 2020 when the Trans-Pacific Partnership Agreement comes into effect.
The number of visitors between the two sides is forecasted to double to 1.5 million in the near future. The two sides should launch more direct air routes and Japan should simplify visa procedures for Vietnamese.
Benefits for both
PM Phuc directly held dialogues and answered questions raised by participating Japanese businesses.
The Vietnamese Government will continue creating an open and favorable environment for many forms of businesses to grow, regarding foreign-invested enterprises as a crucial part of the economy as well as stepping up administrative reform and reducing expenditures for investors, he affirmed.
The Government will maintain a peaceful environment and stabilize the macro-economy for investors, he added.
By Thuy Dung