(MPI) - The Ministry of Planning and Investment will coordinate closely to soon remove obstacles and accelerate construction of key projects, Deputy Minister Tran Quoc Phuong pledged at a reception for Deputy Ambassador of Japan to Vietnam Watanabe Shige.

At the reception. Photo: MPI

Deputy Minister Phuong thanked the Japanese Embassy and Shige personally for their close coordination in joint activities, adding Vietnam and Japan boast various cooperation potential, especially in economy, trade, tourism, and in new emerging fields such as human resource training.

The two sides pledged their continued efforts in removing difficulties and obstacles facing each project, and accelerating construction of key ones between the two countries, including contents and procedures for the implementation of projects using Japanese ODA capital, thus speeding up the progress of delayed projects, especially the Vietnam-Japan University and the Metro Line 1 (Ben Thanh - Suoi Tien).

The Japanese deputy ambassador believed that with the determination of both sides, bilateral economic, trade and investment cooperation will develop stronger and bring practical benefits to both people and businesses, therefore strengthening the Comprehensive Strategic Partnership for peace and prosperity in Asia and the world.

Japan's ODA accounts for over 30% of bilateral development aid that Vietnam has received. In 2023, Japan's total ODA capital for Vietnam reached more than 100 billion JPY, the highest level since 2017./.

Bao Linh

Ministry of Planning and Investment