Vietnam Time

10/9/2017 4:43:29 PM

7 South central provinces discuss cooperation prospect with Japan

(VNF) – The conference “Meeting Japan – South Central region” was held on October 6 in Nha Trang city (Khanh Hoa province) by the Ministry of Foreign Affairs and the Khanh Hoa provincial People’s Committee and the Japanese Embassy in Vietnam.

The event is considered a dialogue platform for Vietnamese localities and Japanese business partners to exchange viewpoints on the current stage and prospects of partnerships, as well as deciding proper roadmap and measures to achieve common goals in the time to come.

The meeting is the largest-scale project in promotion and attraction of investment held by the People’s committee of Khanh Hoa province since 2012. 

Vietnamese Vice Minister of Foreign Affairs Nguyen Quoc Dung, Vice Minister of Agriculture and Rural Development Le Quoc Doanh, leaders of seven south central provinces (Khanh Hoa, Binh Dinh, Phu Yen, Quang Nam, Quang Ngai, Binh Thuan) and representatives from the Ministry of Planning and Investment, Ministry of Trade; Ministry of Labour, Invalids and Social Affairs and Ministry of Culture, Sports and Tourism.

In additions, the conference welcomed over 150 participants from Vietnam’s central and local authorities and enterprises, as well as 100 Japanese enterprises, of which 20 came from Japan. The Japanese delegations included the Ambassador of Japan to Vietnam Umeda Kunio, leaders of the Japan International Cooperation Agency, Japan External Trade Organization (JETRO - HCM City branch), Japan Foundation, Japan National Tourism Organization (JNTO).

Thứ trưởng Bộ Ngoại giao Nguyễn Quốc Dũng phát biểu khai mạc hội nghị.

Vice Minister of Foreign Affairs Nguyen Quoc Dung. (source: Khanh Hoa News) 

Speaking at the conference, Vice Minister Nguyen Quoc Dung spoke highly of the Vietnam-Japan relations, highlighting that bilateral ties are at its best since early day of diplomatic relations establishment.

High-ranking leaders from two countries have been maintaining frequent exchange and visit as well as connection at international and regional forums, he noted.

Dung also recalled the visiting trip made by the Emperor and Empress of Japan to Vietnam (from February 28 to March 5, 2017), stressing its significance as a historic milestone which symbolizes the two countries’ blossoming relations.

The people of the two countries share a tremendously strong bonds, he noted.

Japanese Ambassador Umeda Kunio, for his part, lauded the conference's positive role in realizing the goals stated in a range of high-level visits between two countries' leaders, such as the visit of PM Shinzo Abe to Vietnam, the visit of PM Nguyen Xuan Phuc to Japan; activities toward APEC 2017 (to be held in November), and the 45th celebration of bilateral ties.

Based on the aforementioned foundation, cooperation between localities is also moving forward in the right direction, proved by strong increase of localities' delegates visiting one another country in recent years.

The ambassador also emphasized that currently there are 2,527 Japanese companies doing business in Vietnam - the third largest number of Japanese firms investing in South East Asia (behind Thailand and Singapore).

Nhat ban day manh hoat dong tim kiem dau tu tai khu vuc Nam Trung bo - Anh 1

Japanese Ambassador Umeda Kunio speaking at the event. (source: Tai Nguyen Moi Truong)

In the last 5 years, the number of Japanese tourists to Vietnam also increases by 1.5 fold, hitting 740,000 arrivals.

Also at the conference, the delegates exchanged their views on four topics: cooperation for development, human resources training and cooperation, localities cooperation and cooperation in culture-tourism and economics, investment.

However, despite the tremendous potentials for cooperation between South Central region of Vietnam and Japan, the cooperation is still limited, and has yet to meet with the potentials, said delegates in the conference.

In this context, along with cooperation between the two governments, localities partnership plays an important role in researching, capturing opportunities, offering favorable condition and effectively accelerating the implementation of joint projects with Japan in prioritized sphere.

Nhat ban day manh hoat dong tim kiem dau tu tai khu vuc Nam Trung bo - Anh 3

Delegates socializing at the conference. (source: Tai Nguyen Moi truong)

In the conference, representatives of JICA, JETRO and experts from Vietnam exchanged experiences and proposed measures in pushing forward investment attraction and promotion activities, especially in the fields of tourism, infrastructures and energy.

Accordingly, the Japanese side looks forward to favorable mechanism, policies and more attention from Vietnam in terms of manpower training, to meet with the requirement of Japanese investors.

They also stress the proactive and dynamic role of local authorities in drawing investment from Japan. 

At the conference, Khanh Hoa also introduced to Japanese investors three bays which are central of investment attraction, which are Nha Trang, Van Phong and Cam Ranh.

As the three bays possess high values in multi areas, one of the key tasks for social-economic tasks in both short term and long term for Khanh Hoa province is to continue working on three key economic zones which closely attach to the three bays.

On behalf of the ministry of foreign affairs, Vice Minister Nguyen Quoc Dung affirmed the ministry’s efforts and determination to support and accompany localities in international integration process; while enhancing connectivity and effective, practical cooperation with important partners including Japan.

The success of locality diplomacy is of great significance to the success of the nation-level diplomacy.

On the sideline of the conference, other bilateral dialogues between the Japanese Ambassador and leaders of seven south central provinces, as well as working sessions and meetings were held.

Japan is the leading partner of Vietnam, ranked first in terms of ODA, second in terms of FDI and third in twoway trade.

Currently in Khanh Hoa province, there are 98 FDI projects with total capital of nearly USD 3 billions, of which 7 FDI projects coming from Japan, with total registered capital of over USD 2 billion, accounting for 68.94% of total FDI capital.
The majority of the projects are in thermal power production, food manufacturing, seafood and tourism./.
  ( Translated by Phi Yen )
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