In his speech, President Triet reviewed important landmarks in cooperation between the two countries while affirming that the Vietnam-Japan strategic partnership is growing and flourishing in all fields.

Vietnam praised Japan’s cooperation in infrastructure development, nuclear power, oil and gas, clean energy development and natural resources and mineral exploitation. The forum provided an excellent opportunity for businesses in Nagoya to gain updated information about Vietnam, a newly emerging economy which is actively integrating into the world economy and always appreciates the contributions of Japanese investors to its economic development. Nagoya and adjacent areas are the home to Japan’s high-tech industries that interest Vietnam such as automobile, aviation, machine-tool manufacturing, and industrial robots, said Mr Triet.

He called on businesses from both countries to boost cooperation and forge links to strengthen the strategic partnership.

Since 1992, Japan has been one of Vietnam’s top trade partners and provided nearly US$16 billion in ODA to the country. Last year’s two-way trade turnover between them reached more than US$13 billion and Japan currently ranks third among 92 countries and territories investing in Vietnam. The strong steady growth of trade and investment in recent times has shown that the two economies have mutually supplementary advantages and the two business communities have many opportunities to cooperate for further development.

Along with the development of Vietnam-Japan relations, Japanese businesses have been very successful in investing in Vietnam. In addition to the exchange of usual  products, such as machinery, crude oil, computers and components, rubber, wood, garments and textiles, steel, iron and seafood, a wealth of new opportunities are opening up to both Vietnamese and Japanese businesses.

Mr Triet also witnessed the signing of a number of cooperation agreements and economic contracts between businesses in the two countries.

The same day, President Triet and his delegation left Nagoya city, concluding their visit to Japan where they attended the 18 APEC Summit.