MoF Deputy Minister receives Special Advisor of Japan-Vietnam Parliamentary Friendship Alliance

MoF Deputy Minister Do Thanh Trung receives a Special Advisor of Japan-Vietnam Parliamentary Friendship Alliance award

At the meeting, both Trung and Tsutomu said they were delighted at the increasingly substantive and effective development of the Vietnam-Japan relationship.

After more than a year of upgrading the relationship to a Comprehensive Strategic Partnership, the ties between the two countries have continued to grow in both quantity and quality across all fields.

Political trust has been strengthened, cooperation in investment, trade, labour, and tourism has been enhanced, and exchanges at high levels and all levels have become closer.

Deputy Minister Trung thanked Tsutomu for his contributions to the good relationship between the two countries over the past, especially in encouraging bilateral cooperation in cultural exchange, people-to-people exchange, local cooperation, education and human resource training.

Special Advisor Tsutomu thanked all leaders of the units of the Ministry of Finance (MoF) for recent support and praised Vietnam's remarkable development.

He discussed and proposed several specific measures to utilise friendly and cooperative relations between Vietnam and Japan, including the development of Vietnam-Japan University. He said he hoped that the MoF would continue to pay attention to the development of the university venture.

Specifically, Tsutomu asked the MoF to support the approval of the pre-feasibility study for the Vietnam-Japan University construction initiative, as well as procedures related to using loans from the Japanese government.

Deputy Minister Trung said that the MoF had been implementing procedures and processes for timely capital allocation. The dossier will be submitted to the prime minister to approve the scheme's investment policy as soon as possible.

Recently, the Vietnamese government agreed to announce the mid-term public investment capital plan for 2026-2030 for several important and urgent programmes and projects, including the Vietnam-Japan University initiative.

Japan is Vietnam's number one partner in official development aid and labour, third in investment, and fourth in trade and tourism. The bilateral trade turnover in 2024 reached $46.2 billion. Notably, the success of the recent 10^th Vietnam-Japan Cultural Festival is a testament to the good relationship between the two countries.

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