THE SOCIALIST REPUBLIC OF VIET NAM
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Prime Minister attends Viet Nam-Japan Economic Forum in Tokyo
VGP - Prime Minister Pham Minh Chinh attended the Viet Nam-Japan Economic Forum which took place in Tokyo, Japan, on December 16.
Prime Minister Pham Minh Chinh addresses the Viet Nam-Japan Economic Forum in Tokyo, Japan, December 16, 2023 - Photo: VGP
The event is part of Pham's four-day ongoing tour to Japan to attend the Commemorative Summit for the 50th Year of ASEAN-Japan Friendship and Cooperation.
Addressing the event, Pham recalled the recent upgrade of Viet Nam–Japan relationship to a comprehensive strategic partnership during the Japan visit in November 2023 by President Vo Van Thuong, which he said would open up numerous opportunities for the two countries to expand cooperation.
Japan is currently Viet Nam's largest ODA provider, second largest manpower importer, third largest investor and tourism source market, and fourth largest trading partner, he noted.
Japanese investors have poured over US$71.5 billion in 5,200 projects in almost all localities in Viet Nam, he said, adding that the bilateral trade value exceeded US$40 billion over the first 11 months of this year.
Prime Minister Pham briefed about Viet Nam's major developement orientations, including three pillars (building a socialist-oriented law-governed State, socialist democracy, and socialist-oriented market economy), and three strategic breakthroughs (institutional improvement, human resource development, and infrastructure development).
Secretary of Thai Binh Provincial Party Committee Ngo Dong Hai (3rd from left in front row) hands over investment certificate to a joint venture formed by Japan's Tokyo Gas and Kyuden Group, and Truong Thanh Viet Nam JSC to implement a US$1.99 billion LNG-to-power project in the northern province of Thai Binh under the presence of Prime Minister Pham Minh Chinh in Tokyo, Japan, December 16, 2023 – Photo: VGP
The Southeast Asian country has gained historic achievements after nearly four-decade of reform, remarkably, the economy size reached US$400 billion and the GDP per capita rose to US$4,100 in 2022.
Viet Nam has emerged to be among the world's 40 largest economy, among top 20 economies in international trade, and ranking 32nd in the top 100 national brand value in the world.
Viet Namhas set up strategic partnership with all permanent members of the United Nations Security Council, and strategic partnership/comprehensive partnership with almost all G7 and G20 countries, said Pham.
He called on the Japanese sides to assist Viet Nam in high-quality human resource training, accelerating local-to-local cooperation and people-to-people exchanges, transfering advanced technologies, promoting industrialization and modernization, and formulating development mechanisms and policies.
The forum was co-organized by the Vietnamese Ministry of Planning and Investment, Vietnamese Embassy in Japan, and the Japan External Trade Organization (JETRO).
Also at the forum, Prime Minister Pham witnessed the exchange of 30 agreements and cooperation documents between Vietnamese and Japanese agencies and businesses./.