PM urges prompt resolution of obstacles to Japanese invested projects

VOV.VN - Prime Minister Pham Minh Chinh requested that relevant ministries, sectors and localities decisively resolve all remaining obstacles and maximise the effectiveness of cooperation projects with Japan, especially those involving Japanese investments in Vietnam, during a dialogue with Japanese businesses in Hanoi on August 12.

The Prime Minister made this request following Japan’s proposal for the Vietnamese government leader to continue directing the resolution of certain difficulties and obstacles in infrastructure development projects involving Japanese business investments.

He emphasised the necessity of establishing a joint task force with sufficient authority to coordinate and address outstanding issues by August 2025, ensuring balanced benefits and shared risks.

The Prime Minister asked relevant Vietnamese agencies to work closely with Japanese counterparts to promptly remove difficulties related to administrative procedures, land policies, taxation, food safety regulations, and retail systems to create the most favourable conditions for Japanese investors and businesses.

“We need to thoroughly and transparently resolve all the issues,” said the PM, clarifying specific directions, assigning responsibilities and deadlines for addressing each suggestion from Japanese businesses.

Regarding development orientation, the Prime Minister called for accelerating key projects in energy infrastructure, clean energy, those under the Asia Zero Emission Community (AZEC) initiative, urban railway systems, mineral exploitation and processing, and disaster prevention and climate change using Earth observation satellites.

He stated that Vietnam is implementing three strategic breakthroughs in institutions, infrastructure, and human resources to ensure “transparent institutions, smooth infrastructure, high-quality human resources, and intelligent governance.” He requested Japan to continue accompanying and supporting Vietnam financially, transferring science and technology, smart governance, and assisting Vietnam in completing its socialist-oriented market economy institutions.

The Prime Minister expressed hope that Japan would expand investments in sectors where Vietnam has potential and Japan has strengths, such as clean energy, heavy industries, electronics, automobiles, shipbuilding, semiconductors, artificial intelligence (AI), blockchain, high-quality services in health care, education, urban development, especially green and smart urban areas.

He expressed confidence that Japanese enterprises would continue to deepen their commitment to Vietnam’s development, bringing benefits to businesses and strengthening the “Comprehensive Strategic Partnership for peace and prosperity in Asia and the world” between the two nations.

Speaking at the meeting, Japanese Ambassador to Vietnam Ito Naoki highly praised Prime Minister Chinh’s decisive leadership and the setting of deadlines to resolve obstacles between the two sides, which have led to significant progress in Vietnam-Japan cooperation and investment projects. He also revealed that Japan would propose a new project as well as new loan packages within the framework of the Asia Zero Emission Community (AZEC).

The Ambassador expressed Japan’s desire to work with Vietnam to achieve high economic growth rates and to be a supportive partner throughout this process, aiming for even more sustainable development for Vietnam.

The Vietnam-Japan Comprehensive Strategic Partnership has continuously expanded strongly and effectively across many fields. By the end of July 2025, Japan had 5,608 active projects in Vietnam with total registered capital of US$79.4 billion, ranking third among 151 countries and territories investing in Vietnam. Notable projects include Nghi Son Refinery and Petrochemical Complex, Nghi Son 2 BOT Thermal Power Plant, and the smart city project in Dong Anh commune on the outskirts of Hanoi.

Conversely, Vietnamese investors have launched 126 projects in Japan, with total registered capital of US$20.5 million, including prominent companies such as FPT, Rikkei, and VMO.

Japan is currently Vietnam’s leading economic partner, largest ODA provider and labour cooperation partner, third largest investor, and fourth largest trade and tourism partner. Both sides are jointly implementing significant projects to promote sustainable economic growth, develop strategic infrastructure, and respond to climate change.

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