Both sides highly appreciated their spirit of cooperation that helped them finish 50 of the 62 subcomponents of the Plan of Action on time.

Only 10 are behind schedule and the remaining 2 will not be reviewed because they do not relate to the development policy of the Vietnamese automobile industry.

These subcomponents have already been included in the joint activities of the Japanese Automobile Manufacturers Association (JAMA) and the Vietnamese Ministry of Industry and Trade.

The implementation of the Japan-Vietnam common initiative has significantly improved the investment environment and strengthened the Vietnamese economy’s competitiveness.

The determination of Vietnamese governmental agencies over the past six years has proved the country’s consistent policy for attracting foreign direct investment and its persistence in improving the investment and business environment.