PM calls on Japanese ruling party to boost ties with Vietnam

 ABO/VNA - Prime Minister Nguyen Xuan Phuc has suggested that the Liberal Democratic Party (LDP) of Japan continue promoting party, government and parliament delegation visits with Vietnam as well as support stronger cooperation in trade, investment, people-to-people and locality-to-locality exchanges.

Prime Minister Nguyen Xuan Phuc and Motoo Hayashi, Acting Secretary General of the Liberal Democratic Party of Japan. (Photo: VGP)

The PM welcomed Motoo Hayashi to attend the commercial operation ceremony of the Nghi Son oil refinery and petrochemical complex plant – a joint project between Vietnamese and Japanese partners.

He expressed his pleasure at the thriving extensive strategic partnership for peace and prosperity in Asia between Vietnam and Japan in all fields from politics, external affairs, and economy to culture, education, and health care.

 

He noted that the bilateral cooperative ties have been expanded, bringing benefits for the two sides and contributing to peace and prosperity in the region and beyond.

 

The LDP plays a crucial role in the development of bilateral relations, he stressed.

 

Motoo Hayashi recalled the successful Japan visit by PM Phuc in October 2018, including the meeting with Chairman of the Japan-Vietnam Friendship Parliamentary Alliance Toshihiro Nikai.

 

He expressed his confidence in the successful operation of the project and affirmed he will spare no effort to promote the Vietnam-Japan extensive strategic partnership.

 

The Nghi Son oil refinery and petrochemical project has been carried out since 2013 with a total investment capital of over US$9 billion.

 

It is invested by a consortium of Kuwait International Petrochemical Company (KPC, 35.1%), and the Japanese firms Idemitsui Kosan (IKC, 35.1%) and Mitsui Chemicals (MCI, 4.7%). The rest is contributed by the state-run Vietnam Oil and Gas Group (PetroVietnam).