Deputy Prime Minister Nguyen Xuan Phuc hailed the sound relations between Vietnam and Japan across fields of economy, culture, and politics in recent years, during a reception for Executive Vice President of Toyota Motor Corporation Nobuyori Kodaira on March 12.
Deputy Prime Minister Phuc said that Japan is among Vietnam’s largest ODA sponsors and is a major investor and trade partner of the Southeast Asian country. He asked Toyota to work with Vietnamese automobile manufacturers to increase the rate of locally-made spare parts, as well as create conditions for more Vietnamese enterprises to become component suppliers to Toyota Corporation in the future.
For his part, the Toyota Executive Vice President highlighted that the enterprise is carrying out sustainable development policies in Vietnam, while asking the Vietnamese Government to facilitate Japanese businesses landing investment in the country.
