Strengthening economic cooperation between Vietnam, Japan and Korea

Tokyo [Japan], May 20: On the afternoon of May 19, Prime Minister Pham Minh Chinh arrived in Hiroshima, starting his working trip to Japan and attending the 49th G7 Open Summit taking place from May 19 to 21.
Japanese enterprises want to shift production to Vietnam
In Hiroshima, on the evening of May 19, Prime Minister Pham Minh Chinh and high-ranking representatives of the Governments of Vietnam , Japan and Hiroshima Prefecture witnessed the announcement ceremony of the first direct flight from Vietnam to Hiroshima Prefecture (Japan). Copy) by Vietjet. The route Hanoi - Hiroshima started serving passengers from July 19 with 2 round-trip flights per week on Wednesdays and Sundays.
Besides, Prime Minister Pham Minh Chinh received Mr. Fujimoto Masayoshi, General Director of Sojitz Group. Sojitz currently has 17 joint venture companies in Vietnam with revenue of about 1 billion USD. Sojitz leaders are committed to strong and long-term investment in Vietnam ; at the same time, presented some ideas to expand investment activities in the coming time in the fields of industrial parks and renewable energy. He said many Japanese enterprises, including large ones, are looking to expand production in Vietnam or shift production to Vietnam . About 70 businesses are learning about the possibility of Sojitz opening more industrial parks in Vietnam .
Prime Minister Pham Minh Chinh suggested that Sojitz continue to expand investment in industrial park ecosystems, acting as a bridge to promote businesses with Japanese capital, technology and management capacity to invest in business. business in Vietnam , contributing to bringing Vietnam deeper into the global supply chain.
Increase Vietnam - Korea trade turnover to 150 billion USD
On the evening of May 19, on the occasion of attending the expanded G7 Summit in Hiroshima, Prime Minister Pham Minh Chinh had a meeting with South Korean President Yoon Suk Yeol.
At the meeting, Prime Minister Pham Minh Chinh expressed his delight at the remarkable achievements in the two countries' relations after more than 30 years of establishing diplomatic relations (1992 - 2022), including upgrading the relationship between the two countries. the two countries to a Comprehensive Strategic Partnership. Vietnam and the Republic of Korea share many similar strategic interests in the development of each country as well as views on many international and regional issues, especially upholding the role of international law, internationalism, and internationalism. multilateral, people-centered service.
In its foreign policy, Vietnam consistently attaches importance to relations with the Republic of Korea, and wishes to cooperate with the Republic of Korea to further develop the cooperation relationship between the two countries, in which economic and trade cooperation is important. political trust is the foundation. Prime Minister Pham Minh Chinh suggested that the RoK continue to cooperate and support Vietnam in five specific issues, including capital, technology, human resources, institutional building, and governance.
Source: Thanh Nien Newspaper