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Oct 17, 2020 / 10:55

Hanoi pledges to facilitate Japan’s projects

Hanoi is home to more than US$11 billion worth of Japan’s direct investment.

Hanoi is committed to closely cooperating with Japanese authorities to quickly tackle hindrances to investment projects in the capital city, Chairman of the Hanoi People’s Committee Chu Ngoc Anh has stated.

Chairman of the Hanoi People’s Committee Chu Ngoc Anh (right) and Japanese Ambassador to Vietnam Takio Yamada at a meeting on October 16. Photo:

The support will be guaranteed at a time when Hanoi has undergone two months without local infections of coronavirus, Mr. Anh said at a meeting with Japanese Ambassador to Vietnam Yamada Takio on October 16.

Mr. Anh affirmed that Japan is one of Hanoi’s leading economic partners with US$11.2 billion worth of foreign direct investment (FDI) and the city’s largest provider of official development assistance (ODA) with roughly US$2.98 billion in 33 projects.

As the meeting between the ambassador and the city’s mayor took place ahead the Vietnam visit by Japan’s Prime Minister Suga Yoshihide. Mr. Yamada Takio expected that the city’s authority would support Japan’s infrastructure and investment projects and related activities in preparation for the 50th anniversary of the Vietnam-Japan relations in 2023.

The ambassador highlighted the role of Hanoi in the two countries’ ties as the city currently accommodates more than 10,000 Japanese nationals and about 750 Japanese companies.

The mayor and ambassador also discussed measures for the upcoming visit of Prime Minister Suga on October 18-20.

The ambassador asked for Hanoi's support for the preparations for the visit, including testing for the novel coronavirus.

Hanoi said it would have some recommendations for the Vietnam-Japan agreement framework which will be reached during the visit.