Despite significant existing cooperation, the potential for economic, trade, and investment collaboration between Vietnam and Japan remains immense for continued development, said Deputy Prime Minister Le Thanh Long at the Vietnam – Kansai Economic Forum themed "Cooperation to Create the Future, Connect Global Value Chains," held in Osaka, Japan, on September 9, as quoted by the Government News.

The event not only served as a networking space for business communities but also played a crucial role in promoting bilateral economic, trade, and investment cooperation, especially in the Kansai region – an important economic, cultural, and financial hub of Japan.

To contribute to a stronger and more effective exploitation of this potential, and to enhance the quality and efficiency of cooperation between the business communities of both nations, Deputy PM Long highlighted the following key points:

First, Vietnam hopes that Japanese businesses, with their experience, resources, and reputation, will support Vietnam in accessing shifting investment sources, green and sustainable financial sources such as the "Asia Zero Emission Community," and investments in science and technology and innovation like Japan's "Innovation/Digital Transformation Fund."

Second, with a policy of selective cooperation and foreign investment attraction, aiming for quality, efficiency, technology, and environmental protection, Vietnam prioritizes attracting investment projects in sectors such as: green economy, digital economy, circular economy, knowledge economy; science and technology, innovation...; semiconductor manufacturing, new energy, renewable energy; financial centers, green finance; biotechnology, healthcare; high-tech agriculture… These are areas where Japanese investors have strong advantages, and it is hoped that both countries can boost cooperation in these fields.

Third, he proposed that local authorities in both countries strengthen connections and promote cooperation to leverage their respective advantages, especially in the context of Vietnam's strong adjustments in administrative boundaries and the two-level government structure, which opens up new development spaces.

Fourth, he requested the Japanese government and businesses to continue to pay attention and accelerate the implementation of key cooperation projects and typical ODA projects, such as: the project on climate change response in eight northern mountainous localities and the project to build the Vietnam-Japan University.

Fifth, he proposed that the governments and business communities of both countries enhance cooperation to support and create conditions for Vietnamese enterprises to participate more deeply in regional and global value chains, fostering sustainable joint development.