Prime Minister Pham Minh Chinh has just concluded his working trip to attend the expanded G7 Summit in Japan, with many results on multilateral and bilateral fronts, according to Foreign Minister Bui Thanh Son.

During the three days the Prime Minister attended the conference and conducted sideline activities, Vietnam contributed important approaches and solutions from the perspective of a developing country, promoting deep and comprehensive international integration.

At the G7 Summit, Prime Minister Pham Minh Chinh delivered three important messages, including promoting a more substantive and effective global partnership. In this message, the Prime Minister highlighted international solidarity and persistent multilateral cooperation, considering this the key to resolving the current unprecedented challenges.

In the second message, the Vietnamese leader said that as climate change becomes increasingly complex, efforts to reduce emissions and transition to energy can only be successful through a global, all-people, balanced and reasonable approach according to the different conditions and levels between countries.

The third message raised by the Prime Minister is to resolve all disputes by peaceful means, in the spirit of the rule of law, respect for the United Nations Charter and international law, and resolve all disputes by peaceful means.

The Prime Minister also made many proposals to promote cooperation in solving common international and regional issues, which were highly appreciated by leaders of countries and international organizations.

According to Minister Bui Thanh Son, Vietnam's participation has made an important contribution to the international community's common efforts to maintain peace, stability, and development on the basis of equality, in accordance with the interests of developing countries.

"The trip left a deep impression on Vietnam's role, contributions and international prestige, affirming the image of Vietnam as having an important voice in global issues," said the Minister.

Bilateral activities during the working trip also contributed to deepening relations between Vietnam and its partners.

With Japan, the Prime Minister's talks and exchanges with his Japanese counterpart Kishida Fumio, leaders of Hiroshima province and Japanese circles have contributed to enhancing political trust and promoting the extensive strategic relationship between Vietnam and Japan.

Japan is the country providing the largest concessional aid to Vietnam with about 2,980 billion yen (21.6 billion USD) over the past 30 years.

Minister Bui Thanh Son said that Vietnam and Japan have reached a consensus on promoting the possibility of Japan providing new generation ODA to Vietnam. This is capital with high incentives, simple and flexible procedures for strategic infrastructure development projects, such as the North-South expressway, high-speed railway, and the Ho Chi Minh City-Can Tho railway.

He assessed that new-generation ODA cooperation, especially in strategic infrastructure and promoting economic and trade cooperation, will be the key orientations of the new phase of the extensive Vietnam-Japan strategic partnership.

The two countries signed three ODA cooperation documents worth 61 billion yen (about 500 million USD) for the new generation ODA program project serving economic and social recovery and development after Covid-19 and two traffic infrastructure improvement projects in Binh Duong and Lam Dong.

Minister of Transport Nguyen Van Thang said that finding and mobilizing new generation ODA capital for transport infrastructure projects will reduce the burden on the budget in the context of many tasks requiring spending.

For loans to be effective, procedures need to be shortened, because this is a major obstacle in recent ODA disbursement, causing projects to be prolonged and slow to completion. "If procedural obstacles are not overcome by relevant ministries and branches, preferential loans will become high-interest loans," Minister Thang told VnExpress .

2023 is the year Vietnam and Japan celebrate the 50th anniversary of establishing diplomatic relations. The extensive strategic partnership between the two countries has developed comprehensively in recent times. Japan is the first G7 member to recognize Vietnam's market economy status.

This country is Vietnam's fourth largest trading partner, with total import-export turnover last year reaching nearly 50 billion USD, up from 42.7 billion USD in 2021. In the first three months of this year, the two countries' import-export turnover reached nearly 11 billion USD.

In terms of direct investment, Japan ranks third among 143 countries and territories investing in Vietnam. By the end of March, Japanese enterprises had invested in 5,050 FDI projects in Vietnam, with a total capital of nearly 70 billion USD.

Prime Minister Pham Minh Chinh also had dozens of bilateral meetings with G7 leaders, such as US President Joe Biden, UK Prime Minister Rishi Sunak, German Chancellor Olaf Scholz, Canadian Prime Minister Justin Trudeau, and many international organizations.

The partners all expressed their willingness to strengthen multi-faceted cooperation with Vietnam, focusing on trade and economy, and addressing emerging issues such as food security, climate change response, and circular economy.