Pham said the Government targets to accelerate the GDP growth to at least 8 percent and cut 30 percent of administrative procedures and 30 percent of business costs in 2025.

He briefed about Viet Nam's current orientations for foreign investment attraction, including luring foreign investment in a selective manner. He called on Japanese enterprises to pour investments the areas that Viet Nam prioritizes and Japan has strengths such as green economy, digital economy, circular economy, knowledge economy, semiconductor, new energy, green finance, biotechnology, and high-tech agriculture in a bid to contribute to the realization of the Politburo Resolution No. 57 on breakthroughs in science and technology development, innovation and digital transformation.

He suggested the Japanese Government and businesses to continue accelerating the implementation of joint high-tech projects, including the project to launch observation satellites into the orbit in 2025.

He also suggested Japanese businesses to assist and create favorable conditions for Vietnamese businesses to participate deeper into global supply chains, diversify markets and products.

He urged the Japanese side to increase new-generation official development assistance for Viet Nam with simplified procedures for faster disbursement.

He reassured that Viet Nam will continue to ensure the legitimate rights and interests of foreign investors, maintain political stability and social order, and improve business environment conducive to foreign investors.

Earlier the same day, Prime Minister Pham also presided over a dialogue with American investors in Viet Nam./.