Japan proposes to remove obstacles in Ben Thanh - Suoi Tien railway project and Ben Luc - Long Thanh expressway

On August 12, Prime Minister Pham Minh Chinh chaired a discussion with Japanese businesses to promote cooperation and investment, with the spirit of completely removing obstacles and maximizing the effectiveness of cooperation projects.

Prime Minister works with Japanese investors - Photo: VGP

According to the report, by the end of July 2025, Japan had 5,608 valid projects in Vietnam, with a total registered investment capital of 79.4 billion USD, ranking 3rd out of 151 countries and territories.

Typical projects such as Nghi Son Refinery and Petrochemical project, smart city project in Dong Anh district ( Hanoi ), Nghi Son 2 BOT Thermal Power Plant project...

Proposal to remove series of projects

On the other hand, Vietnamese investors have invested in Japan in 126 projects with a total registered investment capital of 20.5 million USD, with projects of some typical enterprises such asFPT , Rikkei, VMO...

Japanese Ambassador to Vietnam Ito Naoki stated that during the recent visit of the Japanese Prime Minister to Vietnam, the two sides confirmed that the fields that Vietnam values such as semiconductors, digital transformation, green transformation, and disaster prevention and control are pillars of cooperation between the two countries in the future.

Along with that is the need to focus on improving the business investment environment, on the basis of promoting the strengths of Japanese enterprises.

Japanese enterprises closely follow the reforms of the Vietnamese Government, especially administrative procedures; expect opportunities to cooperate with Vietnamese enterprises.

Appreciating Prime Minister Pham Minh Chinh's efforts to remove obstacles, Ambassador Ito Naoki said that the Japanese side will propose a new project, as well as new loan packages within the framework of the Asian Zero Net Emission Community (AZEC).

Japan wishes to achieve high economic growth with Vietnam and be a partner to support Vietnam in this process, towards sustainable development.

The Japanese side requested the Prime Minister to continue directing the resolution of a number of difficulties and problems in projects such as: the Ben Luc - Long Thanh Expressway construction project; the Ho Chi Minh City urban railway project No. 1, Ben Thanh - Suoi Tien section; the Vietnam - Japan Friendship Cho Ray Hospital project; the Vietnam - Japan University construction project; the issue of popularizing hybrid vehicles (using both internal combustion engines and electric motors in parallel)...

Along with that, promote and implement projects such as: Urban railway in Hanoi, Ho Chi Minh City; infrastructure development in the Mekong Delta; building a smart city in North Hanoi; projects within the framework of the Asian zero net emission community (AZEC); financial restructuring of the Nghi Son petrochemical refinery project; natural disaster prevention and climate change using Earth observation satellites...

Japanese Ambassador to Vietnam Ito Naoki speaks at the seminar - Photo: VGP

Establish a joint working group to remove obstacles

In response to these proposals, Prime Minister Pham Minh Chinh requested relevant agencies of the two sides to establish a joint working group with sufficient authority to coordinate, compare, and handle remaining issues on a practical basis according to regulations in August 2025.

Quoting President Ho Chi Minh, "Nothing is difficult/Only fear that the heart is not steadfast/Digging mountains and filling seas/With determination, it will be done", the Prime Minister said that the spirit is to go to the bottom of the problem to handle it thoroughly, on the basis of being open-minded, listening, trusting each other, clearly stating the person handling the problem and the deadline for handling it.

Agreeing with the Japanese side's proposal on project implementation, the Prime Minister assigned ministries, branches and localities to receive opinions related to administrative procedures, land policies, tax policies, food safety and hygiene, procedures related to the retail system, etc. for effective implementation.

Especially energy infrastructure projects, clean electricity, projects within the framework of the Asian Zero Emission Community (AZEC) initiative, railway projects, mining and mineral processing...

Prime Minister and delegates attending the seminar - Photo: VGP

The Prime Minister proposed that Japan support Vietnam financially (including FDI capital, new-generation ODA capital and indirect investment, participate in the International Finance Center in Vietnam), expand investment, train high-quality human resources, especially in fields such as artificial intelligence, database, semiconductor industry, new energy, renewable energy, biotechnology, healthcare, high-tech agriculture, etc.

Continue to transfer science and technology, smart governance (including national governance, local governance, and corporate governance); contribute ideas to help Vietnam perfect its socialist-oriented market economy institutions; propose priority mechanisms to attract investment; support Vietnamese enterprises to participate in Japanese and global production and supply chains, etc.

NGOC AN

Source: https://tuoitre.vn/nhat-ban-de-nghi-go-vuong-mac-du-an-duong-sat-ben-thanh-suoi-tien-cao-toc-ben-luc-long-thanh-20250812153556611.htm