WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / News / Viet Nam
Vietnam gives priority to high quality human resources and ICT infrastructure: PM
Nguyen Tung 23:33, 2018/10/10
Vietnamese Prime Minister Nguyen Xuan Phuc expected Japanese businesses to take the lead in participating in these prioritized fields in Vietnam, the government portal reported.
In the context of the Fourth Industrial Revolution, Vietnam gives priority to training high quality human resources and developing ICT infrastructure, PM Nguyen Xuan Phuc has stated. 
 
Prime Minister Nguyen Xuan Phuc in a meeting with
Prime Minister Nguyen Xuan Phuc in a meeting with Kanetsugu Mike, CEO of MUFG Bank. Source: VGP.
He expected Japanese businesses to take the lead in developing these priority fields in Vietnam, in turn helping Vietnam to increase the localization rate in industrial production.

Phuc made this statement in a meeting with leading Japanese corporations, including Japanese leading lender MUFG Bank and Mitsubishi on October 10 in Tokyo. 

The PM expected MUFG Bank to play a critical role in facilitating the capital inflow from Japan to Vietnam, while supporting Vietnam in implementing the development strategy of the banking sector. 

Kanetsugu Mike, CEO of MUFG Bank, said the Japanese bank is committed to contributing to the development of Vietnam and the relation between the two countries. 

In a meeting with Takehiro Kakeuchi, President and CEO of Mitsubishi, Phuc suggested Mitsubishi investing in large-scale projects in Vietnam, such as smart city projects and building Lien Chieu port in Da Nang city. The PM hoped that Misubishi would help bring Vietnamese tea and coffee to the world market. 

Kakeuchi stressed Vietnam is one of the company's priorities, while the company will take the PM's suggestion into consideration.

According to Phuc, Vietnam's government will continue pushing forward with the economic restructuring process, focusing on reducing administrative procedures and creating the most favorable conditions for enterprises to thrive.

The government will also address issues to ensure a win-win for Vietnamese and Japanese enterprises doing business in the country, the PM stated. 

Meanwhile, Japanese enterprises expressed interest in investing in fields of distribution, infrastructure connectivity, high tech agriculture, establishing database center and innovation-driven sectors, among others in Vietnam. 
Other news
20:47, 2025/01/22
Vietnam news in brief - January 22
Stay up to date with the latest news from The Hanoi Times.
20:53, 2025/01/21
Vietnam news in brief - January 21
Read The Hanoi Times for more updates about Vietnam and its capital.
08:58, 2025/01/21
Vietnamese leaders congratulate President Donald Trump on inauguration day
Vietnamese leaders expressed confidence that, under Trump's leadership, the partnership would continue to grow based on mutual respect for independence, sovereignty, and political systems.
23:10, 2025/01/20
Vietnam, Czech Republic issue Joint Statement on elevating ties to Strategic Partnership
Prime Minister Pham Minh Chinh and Prime Minister of the Czech Republic Petr Fiala have issued a Joint Statement, upgrading Vietnam-Czechia relations to a Strategic Partnership during the Vietnamese Prime Minister's official visit to the Czech Republic, from January 18 to 20.
21:52, 2025/01/20
Vietnam news in brief - January 20
Read The Hanoi Times news in brief to get the latest updates on the country.
06:05, 2025/01/20
President calls for overseas Vietnamese to join hands in nation-building efforts
The president said Vietnam will strengthen efforts to promote patriotism, fulfill aspirations, preserve the Vietnamese language, and uphold the nation’s cultural heritage among overseas Vietnamese.