Thursday, 15/11/2018
Prime Minister Nguyen Xuan Phuc attended the Mekong-Japan Summit and paid a visit to Japan
23/10/2018 9:30' Send Print
Prime Minister Nguyen Xuan Phuc and Prime Minister Shinzo Abe. Photo: VNA

Prime Minister Nguyen Xuan Phuc had a working program with 30 activities, both multilateral and bilateral. He attended the Mekong-Japan Summit, had an audience with the Japanese Emperor, had meetings with the Japan-Mekong Parliamentary Friendship Association, Japan Federation of Economic Organizations (Keidanren), and attended the Mekong-Japan Investment Forum. During his visit to Japan, the Prime Minister attended the official welcoming ceremony, held talks with Japanese Prime Minister Shinzo Abe, held a joint press conference and witnessed the signing of cooperation documents between the two sides. He also met Speakers of the Japanese House of Representatives and Councilors; attended 4 seminars with Japanese companies in the field of real estate, infrastructure, finance, banking, information technology and met with many leaders of Japanese big corporations.

At the Mekong-Japan Summit, the Prime Minister together with leaders reviewed cooperation over the last time, and discussed major directions for cooperation in the new period.

The Prime Minister said the Mekong-Japan cooperation has gained important achievements over the past decade, thus helping expand economic, trade ties between Japan and the GMS nations, bringing about significant changes in infrastructure, human resources development in the Mekong region and creating a more conducive environment for the operations of businesses of member countries. "All are people-oriented, leaving no one behind. These are recent as well as future targets," Prime Minister Nguyen Xuan Phuc said.

Regarding cooperation in the coming period, the Prime Minister highlighted a number of priorities, such as transport links, including development of East-West Economic Corridor, Southern Corridor, study on building Vientiane-Hanoi Highway, waterway between Vietnam and Cambodia, improvement of soft infrastructure connectivity including trade, investment and customs facilitating regulations, enhancement of human connectivity especially through education and vocational training, realization of the shared vision of a green Mekong with emphasis on management, sustainable use of water resources, environmental protection, climate change response and smart agricultural development.

The Prime Minister also proposed to study and build the Mekong-Japan Innovative Network to strengthen linkage and exchange between research, inventions and start-up centers of Japan and Mekong countries. The proposals of the Prime Minister were highly appreciated and reflected in the documents of the Summit.

Regarding international and regional issues, the Prime Minister highlighted the urgency of ensuring peace, stability, security, safety and freedom of navigation in and overflight above the East Sea, observance of the 1982 Convention on the Law of the Sea of the United Nations, full and effective implementation of the Declaration of Conduct (DOC) in the East Sea and early conclusion of an effective and efficient Code of Conduct (COC) in the East Sea.

The Prime Minister and other leaders decided to upgrade cooperation between Mekong countries and Japan to strategic partnership and approved the Tokyo 2018 Strategy for Cooperation in 2019-2021, focusing on the three pillars namely vibrant and effective connectivity, people-centered society and realization of a green Mekong. The major strategic orientations of the Tokyo 2018 Strategy, together with programs on infrastructure investment and human resources training, funded by the Government of Japan are expected to generate new impetus and momentum for Mekong- Japan cooperation.

Speaking at the Mekong-Japan Investment Forum with the participation of more than 600 business representatives, the Prime Minister emphasized the role of the Mekong region, and the strategic geopolitical, geo-economic and geocommercial position of Vietnam, stating that Vietnam "located in the heart of the vibrant Asia, and the Mekong region is surging with all its determination, potential and strength." The Prime Minister affirmed that Vietnam's economic growth prospects open up many development cooperation opportunities for Mekong and Japanese businesses, and stated that the Government of Vietnam puts high priority on the quality of investment projects.

During his visit to Japan, Prime Minister Nguyen Xuan Phuc held talks with Prime Minister Shinzo Abe. The two sides agreed to cooperate closely to deepen the strategic partnership between the two countries in a more comprehensive and substantive manner.

The two leaders agreed to continue promoting economic cooperation between the two countries for mutual benefit, discussed measures to speed up existing projects in electricity, transport, and training, create conditions for fruit of the two countries namely orange, and apple of Japan and fabrics, longan, milk fruit of Vietnam to enter each other’s market.

The two sides reached consensus to step up cooperation in the fields of health, education and labor. Japan is willing to receive more Vietnamese trainees to work in Japan and handle the unhealthy practices of labor brokerage firms. The Prime Minister asked Japan to consider exemption of income and resident taxes for Vietnamese trainees in Japan and facilitate issuance of entry visas for Vietnamese tourists to Japan.

"While protectionism is spreading in the world, we affirm to continue delivering the strong message of free and fair trade promotion and investment to the world through the CPTPP and the RCEP," said Prime Minister Shinzo Abe.

After the talks, Prime Minister Nguyen Xuan Phuc and Prime Minister Shinzo Abe witnessed the exchange of nine cooperation documents between ministries, branches and agencies of the two countries.

During his visit to Japan, the Prime Minister attended the Vietnam-Japan Investment Promotion Conference entitled "New Opportunities, and Perspectives in Foreign Investment in Vietnam," which attracted more than 1,200 leading Japanese and Vietnam businesses.

The Prime Minister welcomed Japanese enterprises with strong financial strength, good governance capacity and international market network to become strategic partners of Vietnamese enterprises in the equitization process. Japanese companies are encouraged to invest in high quality infrastructure, and start-up businesses in Vietnam through capital transfer and profit remittance. The Prime Minister affirmed to continue improving Vietnam’s business investment environment and called on Japanese investors to come to Vietnam for mutual benefit and sustainable development.

During the Summit, the Prime Minister witnessed the signing and exchange of 19 memorandums of understanding in many fields with a total committed value of nearly US$10 billion.

The participation in the 10th Mekong-Japan Summit and Japan's visit of Prime Minister Nguyen Xuan Phuc continued affirming that Vietnam is a reliable partner, ready to work with Japan and other Mekong countries to build a long-term cooperation plan aiming at development and narrowing the development gap among Mekong Subregion countries as well as bringing the Vietnam-Japan Strategic Partnership to a new height.

Nguyen Duc