Deputy PM pledges support for Japanese firm’s projects using modern technology

Deputy PM Tran Hong Ha (R) receives Yoshiaki Yokota, Managing Executive Officer and Chief Executive Officer for Energy & Infrastructure Solution Group at Marubeni Corporation, on March 10. (Photo: VNA)

Hanoi (VNA) – Deputy Prime Minister Tran Hong Ha pledgedmaximum support for Marubeni Corporation to shift its projects using new andmodern technology to Vietnam, while receiving a leader of the Japanese firm inHanoi on March 10.

Talking to Yoshiaki Yokota, Managing Executive Officer andChief Executive Officer for Energy & Infrastructure Solution Group at Marubeni, DeputyPM Ha highly valued the corporation’s production projects and business results,especially in the field of energy, in Vietnam.

At the Asia Zero Emission Community (AZEC) MinisterialMeeting held in Tokyo in early March, participating countries, includingVietnam, agreed on a cooperation framework for sharing technology in efforts toachieve net zero emissions.

He stressed that the roadmap towards net zeroemission is irreversible, adding Vietnam is shifting from fossil fuels torenewable energy.

Briefinghis guest on his meetings with Japanese leaders during his participation inthe AZEC Ministerial Meeting, Haexpressed his delight at the flourishing extensive strategic partnership betweenthe two countries and affirmed that Japanese enterprises now have sufficientopportunities and favourable conditions to invest in Vietnam.

The meeting in Hanoi on March 10 (Photo: VNA)

Vietnam has signed new-generation free tradeagreements with major economies in the world. With the roadmaps towards netzero emissions and climate change response, foreign markets will set higher environmentalstandards for imports. Given this, the Vietnamese Government will issue policiesstrongly supporting the businesses that follow this trend via projects usingnew and modern technology, according to the Deputy PM.

As Marubeni is planning to shift its projects using new andmodern technology to Vietnam, the Government, ministries, and sectors will givemaximum support in line with legal regulations for the firm, he said, callingon it to continue making long-term investment, use new technology, and set upresearch and development centres in the country.

For his part, Yoshiaki Yokota said Marubeni has engaged in manyenergy, food, and beverage projects and exported a number of products toVietnam.

Energy is the core business of Marubeni, he went on, notingthat the corporation is implementing some gas-fired power and liquefied gasprojects in Vietnam and wishes to contribute to the country’s roadmap ongreenhouse gas emission reduction.

At the meeting, Marubeni Corporation, which has experience inoperating the first offshore wind power project in Japan and many large solarpower projects in the Middle East, also showed its interest in solar power andoffshore wind projects in Vietnam./.

VNA