Party Central Committee Secretariat standing member Truong Tan Sang highly valued the role of the Japanese Ministry of Finance in maintaining the high levels of official development assistance (ODA) funding to Viet Nam in recent years.
The funds had contributed practically and effectively to Viet Nam's economic development and raised the living standards of Vietnamese people, Sang told Japanese Minister of Finance Yoshihiko Noda and Japan Bank for International Co-operation (JIBIC) president and CEO Hiroshi Watanabe yesterday during their working visit to Viet Nam.
Sang highlighted Viet Nam's efforts to implement proper financial and monetary policies to improve the quality and stability of economic growth.
He expressed his desire to strengthen co-operation and exchange experience in economic policies, financial management, and human resources and training between the two ministries of finance.
He also highly valued the contribution of JBIC in supporting the implementation of strategic projects in Viet Nam. He also expressed his hope that JBIC would continue supporting investment projects in the form of public-private partnerships, under the partnership for regional peace and prosperity which has been established between the two countries.
The Japanese guests strongly praised the efforts of the Vietnamese Government to curb inflation and voiced Japan's commitment to provide ODA funding as under the strategic partnership between Viet Nam and Japan.
Watanabe said the co-operation would also support Japanese businesses to enlarge their operations in Viet Nam and give financial aid to infrastructure and industrial development projects.
VNN