Prime Minister presides over dialogue with Japanese enterprises

Prime Minister Pham Minh Chinh presided over a dialogue with Japanese enterprises in Hanoi on March 1 afternoon, according to a report from the Government News.

The news quoted the PM as telling the Japanese enterprises that the Government targets to accelerate the GDP growth to at least 8 per cent and cut 30 per cent of administrative procedures and 30 per cent of business costs in 2025.

He briefed about Vietnam's current orientations for foreign investment attraction, including luring foreign investment in a selective manner. He called on Japanese enterprises to pour investments to the areas that Vietnam prioritizes and Japan has strengths such as green economy, digital economy, circular economy, knowledge economy, semiconductor, new energy, green finance, biotechnology, and high-tech agriculture in a bid to contribute to the realization of the Politburo Resolution No. 57 on breakthroughs in science and technology development, innovation and digital transformation.

He suggested the Japanese Government and businesses to continue accelerating the implementation of joint high-tech projects, including the project to launch observation satellites into the orbit in 2025.

He also suggested Japanese businesses to assist and create favorable conditions for Vietnamese businesses to participate deeper into global supply chains, diversify markets and products.

He urged the Japanese side to increase new-generation official development assistance for Vietnam with simplified procedures for faster disbursement.