Hanoi (VNA) – National Assembly(NA) Chairman Vuong Dinh Hue received Fujimoto Masayoshi and Hyodo Masayuki, chairmenof the Japan - Vietnam Economic Committee at the Japan Business Federation (Keidanren),along with leaders of some Keidanren member enterprises in Hanoi on March 28.

The Keidanren delegation is inVietnam to attend a high-level meeting held on March 27 to launch the firstphase of the Vietnam - Japan Joint Initiative in the new era.

Chairman Hue lauded Keidanren’s cooperationand contributions, along with the two chairmen and Japanese enterprises’ rolein promoting the two countries’ relations and Japanese investment in Vietnam.

Fujimoto and Hyodo expressed their delight at the recent upgrade of the twocountries’ relations to a comprehensive strategic partnership for peace andprosperity in Asia and the world.

In the new development period, Keidanrenhopes to continue fostering bilateral economic connections, they said, notingthat survey results released by the Japan Bank for International Cooperation (JBIC)in late December 2023 show that last year, Vietnam emerged as the second placeamong the countries or regions with the best business prospects in Japaneseenterprises’ eyes.

They added that in the Asia ZeroEmission Community (AZEC) initiative, Japan views Vietnam as an extremelyimportant partner.

Applauding the sound development ofthe Vietnam - Japan relations in all spheres, Hue spoke highly of the Vietnam -Japan Joint Initiative, which has been carried out successfully over the last20 years.

Vietnam always attaches importance to and supports Japanese enterprises to makeinvestment, do business, and give proposals on policies, administrativeprocedure reform, and investment climate improvement in the Southeast Asiannation, he stated.

At the meeting, the Keidanrenchairmen and Japanese enterprises highlighted their intention to expand business andinvestment activities in Vietnam. They also mentioned cooperation in traininghigh-quality human resources and noted that they hope administrative proceduresand the investment climate will be further improved.

Hue asked the Japan - Vietnam Economic Committee as well as Keidanren tocontinue coordinating with Vietnamese agencies to increase policy dialogue,share information and experience to help better the local investment climate,and serve as a bridge for Japanese firms to invest more in Vietnam.

The top legislator highly valued theJBIC’s survey results, which he said reflect the investment - business environmentin Vietnam along with Japanese enterprises’ interest in the country.

The NA and Government have beensupporting and creating the best possible conditions for Vietnamese andJapanese enterprises to boost investment in each other’s countries, heremarked.

He also asked the Economic Committee and Keidanren to introduce Vietnam’sinvestment environment, potential, and opportunities to Japanese enterpriseswhile encouraging and assisting Japanese firms to invest more in Vietnam todiversify supply chains in line with the five main areas of the first phase ofthe Vietnam - Japan Joint Initiative in the new era.

Chairman Hue voiced his belief that with the political resolve of bothcountries’ leaders and support from Japanese enterprises, bilateral economic,trade, and investment ties will grow even more strongly to generate tangiblebenefits for the two countries’ people and enterprises and bolster bilateralrelations./.