Viet Nam to focus on developing high-speed railway system through 2030, To Lam says

Addressing the meeting, General Secretary and President To Lam said Viet Nam will focus on developing a system of high-speed railways, metro lines, airports, logistics-energy-digital infrastructure, and strategic economic corridors, requiring a huge volume of investment capital beyond the country's state budget capacity.

Against that backdrop, he called on Viet Nam and Japan to set up a partnership through which both sides will coordinate in co-developing the financial market, co-designing solutions to capital mobilization, and co-investing in the areas that create long-term competitiveness.

To Lam also called on Japanese banks, securities companies, investment funds, insurance organizations, and financial institutions to step up cooperation with Viet Nam in developing market infrastructure, modern financial instruments, long-term investment products, and risk governance capacity.

He suggested both countries strengthen financial market connectivity between the two countries, as well as in such fields like capital market, asset management, green finance, fintech development, and high-quality human resource training.

The General Secretary and President affirmed that Viet Nam is committed to maintaining macro-economic stability, ensuring fiscal discipline, improving the business and investment environment, and building a transparent, modern, safe, and highly predictable financial market.

The top Vietnamese leader also affirmed Viet Nam's consistent policy to protect legitimate rights and interests of investors while creating favorable conditions for international financial institutions and enterprises to deploy long-term and effective investment and business activities in Viet Nam based on strict adherence to the law, fair competition, and harmonious interest-sharing.

Following the meeting, General Secretary and President To Lam rang the bell at the Tokyo Stock Exchange./.