Japan supports Vietnam with 3 ODA projects worth 500 million USD

Báo Thanh niênBáo Thanh niên21/05/2023


On the afternoon of May 21, before leaving Japan, successfully concluding his working trip and attending the expanded G7 Summit in Hiroshima City (Japan), Prime Minister Pham Minh Chinh had an important meeting with Japanese Prime Minister Kishida Fumio.

Nhật Bản hỗ trợ Việt Nam 3 dự án ODA trị giá 500 triệu USD - Ảnh 1.

This is the 5th meeting between Prime Minister Pham Minh Chinh and Japanese Prime Minister Kishida Fumio.

Vietnam has a leading position

This is the first Vietnam - Japan high-level meeting held in Hiroshima, Prime Minister Kishida's hometown, and also the fifth meeting between Prime Minister Pham Minh Chinh and Prime Minister Kishida in just over a year.

The Prime Minister congratulated Prime Minister Kishida and host country Japan on successfully organizing the G7 Summit and the expanded G7 Summit; highly appreciated Japan's coordinating role in reaching consensus in addressing global challenges such as food security, emission reduction, etc.

Prime Minister Kishida expressed his pleasure at meeting Prime Minister Pham Minh Chinh again and welcomed the active and effective participation and contribution of the Vietnamese delegation to the success of the expanded G7 Summit. He also affirmed that Vietnam holds a leading position in implementing Japan's foreign policy in the region.

The two sides also agreed on major directions and specific measures to promote the Vietnam-Japan Extensive Strategic Partnership for Peace and Prosperity in Asia to new heights.

In addition, the two countries also promoted defense and security cooperation in the fields of overcoming war consequences, human resource training, defense technology transfer, and cyber security; promoted exchanges on the content of Japan's support for Vietnam in industrialization, modernization, and building an independent and self-reliant economy; and affirmed to strengthen the connection between the two economies through promoting investment and trade cooperation.

Accelerating the progress of the ODA metro project Ben Thanh - Suoi Tien

Notably, the two leaders appreciated the two sides' completion of capital commitment procedures for the new generation ODA program for economic recovery after the Covid-19 pandemic with a scale of 50 billion yen.

The new generation of ODA with high incentives, simple and flexible procedures will focus on large-scale strategic infrastructure development projects in Vietnam such as the North-South high-speed railway, urban railway construction, climate change response, digital transformation, green transformation and healthcare.

Specifically, the two prime ministers affirmed that they will direct ministries and sectors of the two countries to accelerate the progress of a number of ODA cooperation projects such as Cho Ray Hospital 2 and the Ben Thanh - Suoi Tien urban railway No. 1 project. Regarding the Nghi Son Oil Refinery project, Prime Minister Pham Minh Chinh asked businesses of the two countries to actively discuss in the spirit of harmonious benefits, shared risks, and removing difficulties of the project.

Nhật Bản hỗ trợ Việt Nam 3 dự án ODA trị giá 500 triệu USD - Ảnh 2.

The two Prime Ministers witnessed the exchange of documents signing 3 ODA projects worth 500 million USD.

The head of the Vietnamese Government also proposed that the two sides coordinate to promote a new wave of Japanese investment in Vietnam in the fields of high-tech industry, energy conversion, and improving Vietnam's production capacity and competitiveness to participate more deeply and widely in the supply chain of Japanese enterprises and the global supply chain.

He proposed that Japan encourage strategic investors in Vietnam's clean energy and renewable energy sectors; support Vietnam in increasing the value chain of agricultural products through technology transfer, improving capacity in the fields of distribution and processing; promote procedures and coordinate the early announcement of Japanese grapes in Vietnam and Vietnamese green-skinned grapefruit in Japan.

The Prime Minister also proposed that the Japanese Government facilitate and simplify visa procedures, moving towards visa exemption for Vietnamese citizens to promote tourism cooperation between the two countries; soon implement study tours, pay attention to and create favorable conditions for the community of nearly 500,000 Vietnamese people living, studying and working in Japan, becoming a bridge in the cooperative relationship between the two countries.

Before the talks, Prime Minister Pham Minh Chinh and Prime Minister Kishida Fumio witnessed the exchange of documents signing three ODA cooperation projects with a total value of 61 billion yen (about 500 million USD), including: the new generation ODA budget support program for post-Covid-19 socio-economic recovery and development, the project to improve public transport infrastructure in Binh Duong province, and the project to improve infrastructure for agricultural development in Lam Dong province.



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