Nov 3, 2011

Vietnam - Viet Nam bolsters ties with Japan



Viet Nam Prime Minister Nguyen Tan Dung and his wife left Tokyo Wednesday afternoon, concluding his official visit to Japan at the invitation of Prime Minister Yoshihiko Noda.

Japanese leaders described Dung's visit as an important contribution to elevating the Viet Nam-Japan Strategic Partnership.

Earlier, Dung and his wife paid a courtesy visit to Japanese Emperor Akihito and Empress Michio.

The PM informed the Emperor of the results of his visit and agreements reached between the two sides. "2013 will be observed as the Viet Nam-Japan Friendship year," Dung confirmed.

"The Vietnamese Government and people consider Japan as an important partner and pledge to do what ever it takes to further promote the common interest and development of both countries," he added.

Emperor Akihito praised the agreements reached between the two Prime Ministers, saying the visit was an important milestone in ushering in opportunities and prospects for future co-operation.

Receiving Japanese Minister of Land, Infrastructure and Transport Takeshi Maeda, Dung expressed his interest in having more Japanese companies invest in Viet Nam's infrastructure development.

He called on Japan to share its experiences in applying a private-public partnership modality to transport infrastructure development in particular.

Minister Maeda confirmed that Japanese companies were standing in line to invest in the country and that the Vietnamese government should do its utmost in facilitating favourable conditions for business.

Dung additionally received the President of the Japanese Liberal Democratic Party, Sadakazu Tanigaki, as well as leaders from some of the country's leading economic groups.

Before concluding his visit to Japan, the PM witnessed the signing of an Official Development Assistance loan agreement (worth around US$1.2 billion) between the Japan International Co-operation Agency (JICA) and the Ministry of Finance.

The loan will be utilised towards the Lach Huyen International Deep Sea Port (US$ 272 million), the North-South expressway (US$181 million), the Nghi Son thermal-power plant (US$522 million), a support programme for climate change response (US$130 million) and a satellite project for disaster and climate change prevention (US$93 million).

Finance Minister Vuong Dinh Hue, who accompanied the Vietnamese PM, received leaders of Japan's Daiwa Corporation, which has helped Viet Nam restructure its economy in areas such as public investment, enterprise, finance and banking.

Honorary President Akira Kiyota said that his company would like to expand its co-operation with the Vietnamese Ministry of Finance, particularly in the process of economic restructuring and development.
In an additional development, Minister Hue yesterday received in Tokyo leaders of Sumitomo Life Insurance and the Daiichi Life Corporations, which have representative offices in Viet Nam.

News Desk
Viet Nam News



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