President: Vietnam, Japan enjoy booming relations

In a recent interview granted to the Japanese newspaper Yomiuri Shimbun, the Vietnamese President affirmed Vietnam and Japan have become important partners of each other in many fields. Since the two nations upgraded their ties to the Extensive Strategic Partnership for Peace and Prosperity in Asia in 2014, bilateral relations have witnessed strong and comprehensive development, he said. Regards political ties, the two sides have maintained high-level meetings, with the highlights being visits to Vietnam in 2017 by Japanese Emperor Akihito and Empress Michiko, and Japanese President Shinzo Abe. The year also marked a new development step in the relations as the two countries issued a joint statement on deepening the extensive strategic relationship during the official visit to Japan by Prime Minister Nguyen Xuan Phuc. Vietnam and Japan have closely and effectively coordinated in multilateral forums such the UN, ASEAN, APEC and ASEM. In particular, Japan’s active involvement contributed to Vietnam’s successful hosting of the 25th APEC Summit during the year. In the economic field, Japan is the largest ODA provider for Vietnam, and the fourth biggest trade partner of the country. In 2017, Japan became the leading foreign investor in Vietnam, with over 2,500 Japanese companies operating in the Southeast Asian country. The two countries are working together on many large-scale infrastructure and energy projects in Vietnam. Japan’s ODA provision has significantly contributed to Vietnam’s socio-economic development. Collaboration in terms of security-defence, agriculture, education-training and labour have also recorded practical results. Cooperative links between localities of the two countries have been fostered with 37 pairs of localities setting up… [Read full story]

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