Vietnam will create all favorable conditions for Japanese groups and corporations to do successful business in the country, Prime Minister Nguyen Xuan Phuc has pledged.

Prime Minister Nguyen Xuan Phuc (R) hosts Masayoshi Fujimoto, President and CEO of Sojitz Corporation of Japan (Photo VNA)

At a reception for Masayoshi Fujimoto, President and CEO of Sojitz Corporation of Japan in Hanoi on March 1, the PM hailed the group for its investment in many projects with success, citing the project to produce high-quality rice, contributing to Vietnam’s agricultural economy development.

He also lauded Sojitz for pouring investments in infrastructure and industrial parks in Vietnam, saying the move meets real demand of localities in the country.

He hoped the Japanese group will expand its operation in Vietnam and do more for Vietnam’s socio-economic development, especially in clean energy, agriculture, and food safety.

He said he expects that based on the extensive strategic partnership, more Japanese investors will come to Vietnam.

“The success of Japanese investors will make important contributions to bolstering and deepening the efficient, productive relations between the two countries,” the PM said.

Emphasizing the significance of and more opportunities from the participation in CPTPP of both Vietnam and Japan, he said he hopes businesses of the two countries will make the best use of this chance, bringing benefits for their country.

Masayoshi Fujimoto spoke highly of Vietnam’s socio-economic achievements, saying his corporation has been present in various fields in Vietnam for years and is focusing on the production of high-quality rice with a view of contributing to developing a safe food industry in the country.

In addition, Sojitz has been concentrating on completing power projects and conducting cooperative activities in training talents and high-quality human resources in Vietnam, he said, expressing his hopes to continue receiving support and assistance from the Prime Minister and other functional agencies during the group’s investment process in the country./.

VNF/VNA