Advertisement

WORLD IN BRIEF : VIETNAM : Japan Premier Vows to Support Reforms

From Times Staff and Wire Reports

Japanese Prime Minister Tomiichi Murayama, comparing Vietnam’s poor but bustling capital to Japan’s postwar rebuilding four decades ago, pledged support for Hanoi’s free-market reforms. Murayama was making the first visit to Vietnam by a Japanese leader since the Vietnam War. Vietnamese Premier Vo Van Kiet asked Murayama for more Japanese investment and economic aid, and even added a pitch for a Hanoi-Tokyo air route. Japan gave Vietnam $600 million in aid last year, but is only the seventh-largest foreign investor in the country. Murayama told Kiet that Japan wants to play a part in Vietnam’s economic development but warned of a need to improve Hanoi’s investment climate.


Advertisement