VN encourages Japanese investment in infrastructure, clean energy
Deputy PM Trinh Dinh Dung affirmed that Viet Nam welcomes Japanese investment in
the areas of infrastructure and clean energy, during his reception for a
delegation from the Japan Bank for International Cooperation (JBIC) and Japan’s
Sumitomo Group in Ha Noi on March 22.
Deputy PM Trinh Dinh Dung receives kura, Managing Executive Officer
and Global Head of Infrastructure & Enviroment Finance Group at JBIC,
Ha Noi, March 22, 2019
Nam-Japan relations are growing soundly, strongly and comprehensively across all
fields with a high level of trust, the deputy PM said, noting that Japan
continues to be Viet Nam’s leading economic partner, ranking first in terms of
providing official development assistance (ODA) loans, second in terms of
investment, third regarding tourism and fourth concerning trade.
recognized and highly appreciated JBIC’s cooperation for the past few years.
Since 1993, JBIC has provided many loans to promote Japan’s foreign direct
investment (FDI) into Viet Nam, especially developing important infrastructure
projects and large-scale energy projects. In addition, JBIC has also been
actively engaged in policy dialogues with Vietnamese ministries and sectors.
also spoke highly of Sumitomo Group’s investment and business activities in Viet
Nam in the areas of trade, import-export, steel, automobiles, garment and
textile, and agriculture.
basis, he asked JBIC to continue providing capital for projects in Viet Nam,
while calling on Sumitomo to expand its investment in the country, especially in
the fields of infrastructure development and energy, with a focus on renewable
part, Kazuhisa Yumikura, Managing Executive Officer and Global Head of
Infrastructure & Enviroment Finance Group at JBIC, affirmed that his bank wishes
to contribute to boosting cooperation between Viet Nam and Japan, particularly
in the development of essential infrastructure and energy.
time ahead, JBIC will deploy many plans, including working with Vietnamese
commercial banks to finance the projects of enterprises of the two countries, he