Prime Minister requests to terminate payment for Metro No. 1 project before April 30

Thanh Hà |

Prime Minister Pham Minh Chinh requested to complete payment to the contractor of Metro Line 1 project in Ho Chi Minh City before April 30, 2025

On the afternoon of March 1, at the Government Headquarters, Politburo member and Prime Minister Pham Minh Chinh chaired a discussion with large Japanese corporations and enterprises.

According to the Government Newspaper, at the seminar, Japanese enterprises and organizations, such as the Japan International Cooperation Agency (JICA), JBIC Bank, Moeco, Marubeni, Tokyo Gas, Shimizu, Sumitomo, Hitachi, Nippon Koei, Toyota, Aeon... presented cooperation opportunities, proposed recommendations in areas such as energy, implementation of Hanoi Urban Railway Line 2 Nam Thang Long - Tran Hung Dao, North - South Expressway Ben Luc - Long Thanh section, transport development in the Mekong Delta, development of Vietnam - Japan University, promoting investment towards the future, implementing new generation ODA projects...

In his concluding remarks, Prime Minister Pham Minh Chinh assigned the Government Office, ministries and branches to synthesize and absorb opinions at the seminar, urgently submit and issue the Prime Minister's conclusions for ministries, branches and agencies to implement with the spirit of valuing time, intelligence and decisiveness, "clear people, clear work, clear time, clear responsibility, clear results" between the parties.

The Prime Minister thanked the Japanese Government and businesses for their cooperation in suffering, contributing to the development of Vietnam and the relationship between the two countries. However, cooperation and investment projects between the two countries still have problems and problems that need to be resolved. The Prime Minister assigned specific tasks to ministries, branches and agencies for handling, in which Deputy Prime Minister Ho Duc Phoc directly directed, the Ministry of Finance urgently coordinated with the Ministry of Justice to review procedures and processes, propose amendments to related decrees, especially regulations on taxes on non-refundable aid, which must be done in March.

In particular, the Prime Minister assigned Vice Chairman of the Ho Chi Minh City People's Committee Bui Xuan Cuong and relevant agencies to complete all issues related to payment to contractors for Metro No. 1 project (Ben Thanh - Suoi Tien) before April 30, 2025.

The Prime Minister emphasized the spirit of honesty and mutual trust, based on practice and specific calculations, ensuring publicity, transparency, reasonableness, harmonious benefits, shared risks, and quick resolution of problems on the basis of overall benefits and the Comprehensive Strategic Partnership between the two countries; agencies implementing according to their authority, if they exceed their authority, report to competent authorities; the Japanese side provided sufficient convincing documents for the two sides to sit down together.

Regarding the Nghi Son Refining and Petrochemical Project, the Prime Minister has had many meetings and discussions with leaders of Japan, JBIC Bank and related partners. The Prime Minister requested JBIC Bank to urgently and actively implement agreements and commitments to soon resolve difficulties and obstacles for the project.

Stating that Vietnam's policy of cooperation and attracting foreign investment is selective, aiming at quality, efficiency, high technology and environmental protection, the Prime Minister suggested that Japanese enterprises increase investment in industries and fields with strengths and Vietnam encouraged, such as green economy, digital economy, circular economy, knowledge economy, semiconductor production, new energy (such as hydrogen), renewable energy, financial center, green finance, biotechnology, healthcare, high-tech agriculture... contributing to the implementation of Resolution 57 of the Politburo on breakthroughs in the development of science and technology, innovation, digital transformation.

At the same time, the two sides will continue to strengthen cooperation to strengthen supply chains, develop supporting industries, build a highly skilled workforce, and ensure stable production activities for the benefit of both sides in a diverse, transparent and sustainable manner.

Thanh Hà
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