Prime Minister Pham Minh Chinh receives large Japanese economic groups. (Photo: VOV)

“We have identified three strategic targets of administrative reform in institutional breakthrough to cut costs for the public and businesses, high-quality human resource training, soft and hard infrastructure development for balanced development without exchanging the environment for pure economic growth,” the Prime Minister said. 

Early the same day, PM Chinh received representatives from leading economic corporations and universities of Japan that intend to invest in Vietnam.

The general director of Shionogi Inc said that the group will continue to help Vietnam pilot the production of vaccines and drugs for COVID-19 treatment, adding that the firm wants to invest in a facility for vaccine and medicine research and production in Vietnam, the first of this kind of the group in Southeast Asia.

President of Hitachi Ltd., Higashihara Toshiaki proposed the Vietnamese Government allow the firm to expand its investment in projects on environment, health care, disaster risk reduction and railway in Vientam, thus contributing to the country’s development.

Meeting with representatives from Sumitomo Corporation – a partner of BRG Vietnam, PM Chinh applauded the firm’s investment plan to develop urban areas in Vietnam.  However, he suggested that the group should study to combine urban development with production and business, and development of cultural, sports and medical institutions. 

During meetings with representatives from Ryukyu University Okinawa, Jutendo University, Hokkaido University, Waseda University, Hiroshima University, and Kobuta, Paramount and Horiba and Azuma corporations, PM Chinh welcomed investment ideas of the establishments, saying that these are all areas that Vietnam is in need of investment.