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INTERNATIONAL > East Asia & Pacific

Japan to help boost Vietnam’s industrial competitiveness

  • September 15, 2017
  • , Jiji Press , 4:03 a.m.
  • English Press

Hanoi, Sept. 14 (Jiji Press) — Japan’s Minister of Economy, Trade and Industry Hiroshige Seko and Vietnam’s Industry and Trade Minister Tran Tuan Anh confirmed on Thursday that Japan will help the Southeast Asian country boost its industrial competitiveness so that the nation can increase its presence in the international economy.

At a meeting in the Vietnamese capital of Hanoi, the two ministers also agreed to further strengthen the bilateral economic relations, and signed a document on the two countries’ economic cooperation.

Seko said that Japan wants to deepen relations with Vietnam in every field of the economy and cement the bilateral ties. Anh said he hopes that the cooperation between Vietnam and Japan will reach a new level.

The joint document called for cooperation in the automobile and auto parts sector and the food industry, efforts to prepare the environment for multilateral trade systems, and infrastructure and energy support.

Seko, now visiting Vietnam on the third leg of a three-nation Southeast Asian tour, also met with Vietnamese Prime Minister Nguyen Xuan Phuc and other officials. Phuc expressed Vietnam’s readiness to work with Japan for the effectuation of a new Trans-Pacific Partnership free trade pact among 11 nations after the United States’ withdrawal from the TPP early this year.

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