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Jul 21, 2022 / 19:13

Strengthening extensive strategic partnership between Japan and Vietnam

The Japan Bank for International Cooperation would contribute ideas to improve public-private partnership (PPP) policies and propose viable projects under the PPP.

The Japan Bank for International Cooperation (JBIC) should continue to strengthen cooperation with Vietnamese government agencies and promote the dialogue mechanism between the two sides.

 Tadashi Maeda, Chairman of the Board of Directors of the JBIC and Truong Thi Mai, Politburo member, Secretary of the Communist Party of Việt Nam (CPV) Central Committee and head of its Organisation Commission (R). Photo: TTXVN

In the meeting with the Chairman of the Board of Directors of the JBIC on July 21, Truong Thi Mai, Politburo member, Secretary of the Communist Party of Việt Nam (CPV) Central Committee and head of its Organization Commission, conveyed her wishes, and hoping the bank would contribute ideas to improve policies on public-private partnership (PPP) and propose feasible projects under the PPP.

Besides, the two sides would weigh extending loans for Vietnamese enterprises or joint ventures between the two countries’ enterprises to cooperate in private investment in Vietnam.

The head of the Organization Commission was delighted that the extensive strategic partnership between Vietnam and Japan for peace and prosperity in Asia is developing practically and effectively in many fields. 

She thanked for Japan’s effective cooperation and support for the development process of Vietnam, including the prevention of the Covid-19 pandemic.

She emphasized that Vietnam is implementing the Resolution of the 13th National Party Congress and striving to achieve the goal of becoming a developed country by the middle of the 21st century. Mai also affirmed the importance of the strategic partnership with Japan.

She highly appreciated the JBIC for actively supporting and promoting many Japanese investment projects in Vietnam, including important and large-scale infrastructure projects in the fields of electric energy, oil and gas.

For his part, Tadashi Maeda congratulated Vietnam’s achievements over the years and highly appreciated the prevention and control of the Covid-19 pandemic as well as the socio-economic recovery and development of Vietnam.

He expressed his sincere thanks to the Party and the State of Vietnam for creating favorable conditions for JBIC and Japanese companies to invest and do business in the country.

At the meeting, he also briefed the host on the results of JBIC’s activities in Vietnam and JBIC’s cooperation activities in the country in the coming time. He wished to continue making practical contributions to strengthening the extensive strategic partnership of Vietnam - Japan.