Prime Minister hails Japanese bank’s effective support
Prime Minister Pham Minh Chinh hosted a reception in Hanoi on July 22 for Governor of Japan Bank for International Cooperation (JBIC) Maeda Tadashi, during which the PM hailed the effective and positive cooperation from the bank and its provision of loans for important infrastructure and large-scale projects in Vietnam.
Prime Minister Pham Minh Chinh (R) welcomes Governor of Japan Bank for International Cooperation Maeda Tadashi (Photo: VNA)
Hanoi (VNA) – Prime Minister Pham Minh Chinh hosteda reception in Hanoi on July 22 for Governor of Japan Bank for InternationalCooperation (JBIC) Maeda Tadashi,during which the PM hailed the effective and positive cooperation from the bankand its provision of loans for important infrastructure and large-scaleprojects in Vietnam.
PM Chinh highlighted the strong growth of the Vietnam-Japanrelations, noting that Japan has been the leading economic partner ofVietnam, the largest ODA provider, the second biggest labour export market, thethird largest investor and the fourth biggest trade partner of Vietnam.
He said he hopes Japan and JBIC will continue to coordinate with Vietnamese agencies to seek more effective collaborationmethods to further beef up the Vietnam-Japan Extensive Strategic Partnership inthe new period.
The Vietnamese Government leader proposed that Japan andJBIC support Vietnam in building a fast-growing and sustainable economy atlarger scale with stronger self-reliance and better international integration.
Vietnam hopes to receive Japan’s support in reaching net-zeroemission in 2050 through existing cooperation mechanisms as well as theefficient implementation of the initiative to build a net-zero emission network inAsia and the Asia Energy Transition Initiative, and access the 10-billion-USD supportpackage that Japanese Prime Minister Kishida Fumio pledged at the 26th UN Climate Change Conference (COP26), he said.
An overview of the meeting (Photo: VNA)
PM Chinh also asked for JBIC's help in policyconsultations, capital sources, technology, human resources, and managementexperience for Vietnam to speed up energy transition and develop renewableenergy industry, and improve the capacity in manufacturing of equipment in thefield of solar power and wind power.
The Vietnamese leader asked Japan and the JBIC promote thenew-generation ODA cooperation programme that he and his Japanese counterpartdiscussed earlier, while assisting Vietnam in implementing strategicinfrastructure projects, especially in the fields of transport, climate change, anddigital transformation, as well as in enhancing medical capacity,promoting innovation, education and human resource training.
For his part, Maeda highly valued the achievements thatVietnam has made during the recent tough time, with effective policies tocontrol COVID-19 and ensure economic stability and development. He laudedcommitments and actions by Vietnam regarding environment-related issues.
He agreed with the Vietnamese leader’s proposals, and shareda number of ideas and solutions for specific cooperation contents.
He affirmed that JBIC wants to cooperate and accompany withVietnam in various aspects and areas.
Vietnam is one of the two key partner countries of Japan inASEAN in implementing cooperation strategies on climate change adaptation torealise the idea of building a net-zero emission community in Asia withspecific plans and projects, he stated./.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Japan Bank for International Cooperation (JBIC) have signed a 200 million USD credit contract to finance renewable energy projects in Vietnam.
The Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Japan Bank for International Cooperation (JBIC) exchanged a credit contract worth 200 million USD to fund renewable energy projects in Vietnam.
A recent survey of the Japan Bank for International Cooperation (JBIC) has found that 36.4 percent of Japanese businesses operating overseasviewed Vietnam as a promising investment destination, up 2.5 percent from 2018.
Vietnam hopes to make economic cooperation truly an important driver for its relations with Japan, the US, and Australia, Head of the Party Central Committee’s Economic Commission Nguyen Van Binh said on October 30.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
Thirty years ago, on July 28, 1995, Vietnam’s accession to ASEAN marked a historic strategic decision, opening a new chapter in the country’s integration process and beginning its strong rise.
Ambassador Vu Le Thai Hoang has outlined specific priorities and proposals for cooperation with the UNODA in preparation for the upcoming 11th Review Conference of the Non-Proliferation of Nuclear Weapons (NPT).
The Vietnamese Party leader's visit is therefore expected to mark a new stage in the development of the Comprehensive Strategic Partnership between the two countries, with a focus on such areas as digital transformation, supply chains, semiconductors, clean energy, and maritime security, Choe assessed.
At their meeting, which took place in the Angolan capital of Luanda on August 7 as part of State President Luong Cuong’s ongoing state visit to the African nation, the two officials also agreed to make full use of existing cooperation mechanisms, particularly the Vietnam – Angola Intergovernmental Committee, and step up exchanges of delegations at all levels.
President Luong Cuong's talks with his Angolan counterrpart João Manuel Gonçalves Lourenço, Vietnamese leader's receptions for a delegation from the Japan – Vietnam Parliamentary Friendship Alliance, and the Government's regular meeting for July are among news highlights on August 7 evening.
Prime Minister Pham Minh Chinh (R) welcomes Governor of Japan Bank for International Cooperation Maeda Tadashi (Photo: VNA) 
An overview of the meeting (Photo: VNA) 
