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Japan pledges to maintain rapid development of Vietnam business ties
Publication Date : 27-08-2013
Vietnamese President Truong Tan Sang has praised the role of Japan's International Co-operation Agency (JICA) in Vietnam's development, acknowledging year-on-year increases in financial and technical assistance.
Speaking with JICA President Akihiko Tanaka in Ha Noi yesterday, Sang highlighted Japan's role as Vietnam's leading investor, adding that Vietnamese authorities were making efforts to boost bilateral cooperation, including creating favourable conditions for Japanese investors.
Sang also urged Tanaka to prioritise projects in Vietnam to boost ties between the two countries.
Tanaka stated that JICA was deploying financial and technical resources across Vietnam to boost bilateral economic growth, environmental sustainability and cooperation.
He also called for greater cooperation from Vietnamese authorities in the implementation of projects.
On the same day, Prime Minister Nguyen Tan Dung also hosted the visiting JICA President, thanking Japan as Vietnam's largest provider of official development assistance (ODA).
Dung expressed his hope that Japan would maintain its high level of ODA and focus on infrastructure and climate change projects.
The PM affirmed that Vietnam effectively managed ODA to achieve its targets for social and economic development, asking JICA to closely work with Vietnamese ministries for more effective cooperation.
In response, Tanaka suggested that Vietnam prioritise site clearance for infrastructure projects, arrange reciprocal capital for ODA-funded projects and increase disbursement for approved projects.
He said that JICA would do its best to boost bilateral relations between the two countries.