Vietnam’s macro economic growth has been relatively stable since the beginning of this year, according to Chief Representative of the Japan International Cooperation Agency (JICA) in Vietnam Konaka Tetsuo.

He went on to say that Vietnam’s macro economicgrowth has been relatively stable since the beginning of this year.

The enforcement of the Comprehensive andProgressive Agreement for Trans-Pacific Partnership (CPTPP) in early 2019 andthe signing of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-VietnamInvestment Protection Agreement (EVIPA) in June 2019 have created a boost for Vietnam’sintegration into the global economy, he said.

Furthermore, the relations between Vietnam andJapan continued to thrive over the past time thanks to visits and workingsessions between the two countries’ senior officials as well as cooperationprogrammes and projects between localities, non-governmental organisations, anduniversities, he added.

According to the JICA official, JICA has beenadopting new forms of assistance to Vietnam to suit the new situation in thecountry.

While evaluating the official developmentassistance (ODA) projects between Japan and the Vietnamese Government, Konakasaid many new ODA projects on technical collaboration and non-refundable aidpackages carried out by JICA have been signed and implemented smoothly.

He also mentioned the delay in some projectswhich were signed in 2018, and the slow disbursement of capital in underwayprojects, adding that the Vietnamese Government has been working to address thoseproblems by improving relevant legal institutions and creating more favourableconditions for investors businesses to carry out projects.

He called on Vietnam to promote its pioneeringrole in such global issues as climate change, universal health coverage, andsustainable development goals.

JICA will continue implementing cooperationprojects to address issues not only in Vietnam but also at regional andinternational scale, in line with the Japanese Government’s free and openIndo-Pacific strategy and the high-quality infrastructure policy, he added./. VNA

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