Log in
Business

Vietnam, Japan strengthen economic linkage

Japanese government will provide non-refundable aid of a vaccine storage system worth US$1.8 million for Vietnam and a ship for maritime study.

Given the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in place, Vietnam and Japan would continue to boost economic linkage in trade, investment, agriculture and cooperation between two countries’ localities.

 State President Nguyen Xuan Phuc at the phone talk. Source: VNA

The move was reaffirmed in a phone talk held between State President Nguyen Xuan Phuc and Japan’s Prime Minister Suga Yoshihide on May 11 as the two leaders stressed their commitment for close cooperation for the upcoming 50th anniversary of bilateral diplomatic relations in 2023.

On behalf of the Japanese government and people, Japanese Prime Minister Suga congratulated State President Nguyen Xuan Phuc on his new position, expressing sincere thanks for Phuc’s warmly welcome during the Japanese side’s visit to Vietnam last October.

“Japan gives strong priority to its relations to Vietnam, and is willing to support your country’s development in the next period,” said Suga.

On this occasion, Suga informed the Japanese government would provide non-refundable aid of a vaccine storage system worth US$1.8 million for Vietnam and a ship for maritime study. The government would also launch its General Consulate in Danang in 2022.

State President Phuc expressed his delight at the comprehensive development of Vietnam – Japan relations, including a high level of political trust between the two.

Phuc called for Japan’s further support for Covid-19 vaccines, a proposal that Suga agreed.

The two leaders also stressed the importance of bilateral cooperation in multilateral forum, especially in the UN, ASEAN, and within the Mekong – Japan framework.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam posts five-year high FDI disbursement as investor confidence strengthens nationwide 2025

Vietnam posts five-year high FDI disbursement as investor confidence strengthens nationwide 2025

Despite global economic and geopolitical headwinds, foreign capital flows into Vietnam accelerated in 2025, with investment increasingly concentrated in high value-added sectors, highlighting the country’s growing appeal as a stable, long-term destination for investors.

VN-Index set for 2,200-mark next year: JP Morgan

VN-Index set for 2,200-mark next year: JP Morgan

Vietnam’s appeal goes beyond the upgrade, driven by major economic reforms that are lifting business and consumer confidence, as well as improving profit prospects over the next three to five years.

Vietnam to launch smart agriculture innovation center in Lang Son

Vietnam to launch smart agriculture innovation center in Lang Son

The center is expected to bridge gaps in technology testing, connect farmers with researchers and markets and accelerate sustainable, high-tech agricultural development nationwide.

Hanoi urged to train 100,000 digital engineers through online academy

Hanoi urged to train 100,000 digital engineers through online academy

The Capital Strategic Technology Development Forum gathered a wide range of proposals from businesses, experts and investors on how Hanoi should shape its deep-tech development agenda in the coming decades with a long-term vision to 2045.

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Open innovation is becoming a cornerstone of Vietnam’s development strategy, as policymakers, experts and international partners emphasize people-centered collaboration to tackle inequality, climate change and urbanization through inclusive, technology-driven solutions showcased at TECHFEST Vietnam 2025.

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam’s startup ecosystem continues to expand rapidly, with strong venture capital inflows and fast growth in digital, AI and green technologies, reinforcing the country’s appeal to global investors.

Vietnamese policymakers push for early launch of gold exchange

Vietnamese policymakers push for early launch of gold exchange

A transparent gold exchange would not only offer a safe investment channel for the public but also provide a foundation for Vietnam to become a regional hub for jewelry manufacturing and exports.

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom will transfer technology, localize nuclear products in Vietnam and support the development of the country’s nuclear science and industry for peaceful purposes.