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These two leading Japanese economic corporations have significantly contributed to strengthening the friendly cooperative relationship between Vietnam and Japan.

The certificates were presented to Masayoshi Fujimoto, Chairman and CEO of Sojitz Corporation, and Shingo Ueno, President and CEO of Sumitomo Corporation, who both serve as co-chairs of the Vietnam-Japan Economic Committee under the Japan Business Federation (Keidanren).

The ceremony for presenting the Certificate of Merit from the Prime Minister of Vietnam to the leaders of the two Japanese corporations took place. Photo: VNA

Speaking at the event, the Vietnamese Ambassador to Japan Pham Quang Hieu affirmed the embassy’s commitment to fully supporting the corporations, ensuring that the economic relations between the two countries reach new milestones reflective of their strong bilateral relationship.

He highlighted that Vietnam-Japan relations have flourished over the past 50 years. With nearly 40 years of Vietnam’s renovation and opening-up policies and 30 years of attracting foreign investment, both Sojitz Corporation and Sumitomo Corporation have been key partners from the very beginning. Their contributions extend beyond the economic realm to social development and various aspects of the bilateral relationship.

He also emphasized the roles of the two corporate Chairmen as Co-Chairs of the Japan-Vietnam Economic Committee. In this capacity, they have facilitated other Japanese businesses in collaborating and investing in Vietnam, setting a model that encourages further investments.

He expressed his hope that as Vietnam enters a new era of growth and development, Sojitz Corporation and Sumitomo Corporation will continue to contribute significantly to Vietnam’s progress. The Ambassador assured that the Vietnamese Embassy will remain a steadfast partner, supporting the continued evolution of economic relations between the two countries to match the significance of their bilateral ties.

Vietnamese Ambassador to Japan Pham Quang Hieu presented flowers to congratulate Mr. Masayoshi Fujimoto, President and CEO of Sojitz Corporation. Photo: VNA

Fujimoto reflected on nearly 40 years of Vietnam's renewal policy and Sojitz's 20 years of presence in the country, highlighting the corporation's unwavering commitment to Vietnam. He reaffirmed Sojitz's dedication to contributing to Vietnam's sustainable economic development and promoting friendship and cooperation between the two nations.

Meanwhile, Ueno outlined Sumitomo's extensive involvement in various sectors in Vietnam, including industrial parks, power plants, chemicals, automobiles, and urban development. Recent investments in industrial parks have attracted manufacturing enterprises with a total investment of approximately 6.1 billion USD, employing over 100,000 workers.

Ueno introduced recent projects such as the supermarket system in Hanoi and the Smart City urban development project in northern Hanoi, emphasizing that these initiatives would continue to grow and contribute to Vietnam's economic development. He pledged to uphold the Japan-Vietnam Joint Initiative, support Vietnam, and arrange business trips to explore further investment opportunities and promote bilateral economic exchanges.

Expressing his desire for deeper cooperation and stronger economic growth in Vietnam, Shingo Ueno emphasized that receiving the Certificate of Merit from the Prime Minister of Vietnam further strengthens his determination to expand economic investments in the country.

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