PM greets Japanese Ambassador, expert

Prime Minister Nguyen Xuan Phuc received outgoing Japanese Ambassador to Vietnam Hiroshi Fukada in Hanoi on October 4.

Prime Minister Nguyen Xuan Phuc ​and outgoing Japanese Ambassador to Vietnam Hiroshi Fukada
The PM thanked Hiroshi Fukada for dedicated services to the meetings between high-ranking leaders of the two countries, particularly the visit to Japan of Vietnamese leaders to attend the expanded G7 Summit in late May.

He appreciated the ambassador’s efforts to boost bilateral ties in agricultural trade, local cooperation and human resources, hoping that he will continue fostering Vietnam-Japan friendship in the future.

Hiroshi Fukada said that three years in Vietnam left a lasting impression on him and that he appreciated the support from the local Government, State agencies and organisations.

Japan will aid Vietnam’s economic development via offering more official development assistance , he said.

The diplomat expects Vietnam and Japan to hold more delegation visits and people-to-people exchanges.

The same day, the Prime Minister had a meeting with Toshiro Mutoh, head of the Japan International Cooperation Agency (JICA)’s consulting board for State-owned enterprise and banking restructuring.

He affirmed that Japan is Vietnam’s leading economic partner and the second largest investor.

The Government leader thanked JICA and Toshiro Mutoh for their support for Vietnam in improving its SOE and banking restructuring capacity, as well as the agency’s investments in high technologies, especially in areas of Vietnam’s priority.

He called on Japanese experts to continue sharing their experience in divesting State capital from SOEs, managing bad debts and improving bank governance capacity.

Toshiro Mutoh suggested ways to deal with bad debts and restructure SOEs and banks in Vietnam, saying the most important job is how to accurately value assets of the enterprises and raise their operation capacity after equitisation.
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