Prime Minister Pham Minh Chinh chaired a dialogue with Japanese enterprises in Hanoi on March 21, urging the Japanese Government and business community to accelerate the implementation of key cooperation projects, particularly in high technology.

The Government leader was quoted by the Vietnam News Agency as reaffirming at the dialogue that Japan remains one of Vietnam’s leading economic partners, ranking first in official development assistance (ODA) and labour cooperation, third in investment, and fourth in trade and tourism.

The Prime Minister called for stronger collaboration to consolidate supply chains, develop supporting industries, and build a highly skilled workforce, ensuring stable and sustainable production for mutual benefit.

He also encouraged Japanese investors to further support Vietnamese enterprises in integrating more deeply into global supply chains.

At the event, Japanese Ambassador to Vietnam Ito Naoki and business representatives spoke positively about the outcomes of similar dialogues held in 2025, noting that they had helped promptly address bottlenecks.

The ambassador affirmed Japan’s support for Vietnam’s reform efforts, adding that Japanese businesses are keen to expand cooperation and contribute to the country’s new growth model.

Mr. Wakabayashi Koichi, President of the Japan Business Association in Vietnam, highlighted growing interest among Japanese firms in Vietnam, citing strong economic growth and improving administrative efficiency.

Despite global uncertainties, including Middle East tensions and energy price volatility, he said Vietnam’s stable investment climate and ongoing reforms remain key advantages. Japanese firms, he added, increasingly see Vietnam not only as a manufacturing base but also as a partner in higher value-added sectors.