Vietnam, Japan elevate ties to comprehensive strategic partnership

By Minh Hue
Mon, November 27, 2023 | 11:39 pm GMT+7

Vietnam and Japan have lifted their relations to a "comprehensive strategic partnership for peace and prosperity in Asia and the world".

At a joint press conference following their talks in Tokyo on Monday, Vietnamese President Vo Van Thuong and Japanese Prime Minister Kishida Fumio said they had adopted a joint statement on the elevation of ties, affirming both countries’ endeavors to bring the current cooperation in all areas to new heights and further expand it to new fronts.

"This is an important event, opening up a new chapter for the Vietnam-Japan relationship to develop substantially, comprehensively and effectively, meeting the interests of both sides and contributing to peace, stability, cooperation, and development in the region and the world," stated President Vo Van Thuong.

Thuong and his spouse are making an official visit to Japan at the invitation of the Japanese State.

Vietnamese President Vo Van Thuong and Japanese Prime Minister Kishida Fumio at a joint press conference following their talks in Tokyo on November 27, 2023. Photo courtesy of Vietnam News Agency.

Vietnamese President Vo Van Thuong and Japanese Prime Minister Kishida Fumio at a joint press conference following their talks in Tokyo on November 27, 2023. Photo courtesy of Vietnam News Agency.

In the joint statement, the two leaders highly valued the impressive and comprehensive growth of the friendship and cooperation between Japan and Vietnam since the establishment of diplomatic relations in 1973, and particularly since the elevation of bilateral ties to an "extensive strategic partnership for peace and prosperity in Asia in 2014".

Prime Minister Kishida reaffirmed Japan’s commitment to supporting "a strong, independent, self-reliant, industrialized and modern Vietnam" as well as the importance of Vietnam in the implementation of Japan’s foreign policy in the Indo-Pacific region, and highly valued its active and constructive contributions to regional and international affairs.

President Thuong noted that Vietnam always considers Japan a leading and long-standing partner and expressed his wish that Japan will continue to play its leading role in maintaining peace, stability, cooperation, and development in the region and the world.

Regarding multi-layered and multi-level dialogues and engagements, the two sides agreed to maintain high-level engagements on an annual basis, people-to-people contact, and province-to-province cooperation.

They concurred on effectively implementing current bilateral dialogue mechanisms, including at ministerial level, as well as periodic dialogue mechanisms at deputy ministerial level in fields such as diplomacy, defense, security, construction, transport, and disaster risk reduction.

Both sides welcomed close cooperation between the two foreign ministries and concurred on continuing with their support and cooperation for the smooth operation of both countries’ diplomatic and consular agencies.

The two leaders affirmed to bolster their substantive and effective defense cooperation, step up cooperation in the UN Peacekeeping operations, and address war remnant issues, such as ordnance disposal and dioxin remediation, military medicine, humanitarian aid and disaster relief (HA/DR), human resource training, and defense equipment and technology transfer to the Ministry of Defense of Vietnam.

Based on the agreement concerning the transfer of defense equipment and technology signed in September 2021, both sides concurred on the importance of steadily working on procedures for the transfer.

Prime Minister Kishida explained that Japan has established a new cooperation framework “Official Security Assistance (OSA)” for the purpose of deepening security cooperation and contributing to maintaining and strengthening international peace and security.

The two leaders agreed to bolster cooperation in maritime security and safety through the enhancement of cooperation activities, including joint training, information sharing, and capacity building between coast guards from both sides.

Vietnam and Japan agreed to continue strengthening economic links and affirmed the importance of cooperation to ensure economic security.

Japan reaffirmed it would continue supporting Viet Nam’s development of an independent and self-reliant economy that deeply engages in international integration, and Vietnam’s industrialization and modernization with the goal of becoming a developed country by 2045.

The two leaders welcomed the prospect that the actual amount of yen loans this fiscal year (FY) of Japan could exceed 100 billion yen for the first time since the Japanese FY 2017. The sides will accelerate their efforts to resolve outstanding difficulties, including through a cooperation framework to solve those issues.

The two leaders confirmed the enhancement of supply chain resilience to ensure stable production activities for the benefit of both sides, recognizing the importance of a transparent, diverse, secure, sustainable, and reliable supply chain.

Regarding human resources development, culture and tourism, interregional exchanges, and people-to-people exchanges, the two sides confirmed the enhancement of efforts to encourage Vietnamese students to study in Japan, to strengthen exchanges in the field of education between the two countries, and to promote Japanese language education in Vietnam.

They will strengthen people-to-people exchanges between the two countries through activities, including tourism-culture festivals held in each country, as well as create a good environment for their citizens’ traveling.

Both sides will promote exchanges for Vietnamese technical intern trainees and workers in fields that suit the demands of both countries.

The two countries will bolster cooperation in emerging areas, such as energy, environment science and technology, green transformation, digital transformation, and innovation.

They will promote cooperation in the fields of smart power grids, smart cities, power market development, and localization of the energy industry, and further promote cooperation in the development of the digital economy and innovation in that field, thereby creating momentum for rapid and sustainable economic development.

The two leaders acknowledged the importance of facilitating free flow of data across borders, developing digital connectivity, and strengthening consumer and business trust in the digital economy.

In other areas, the two countries will continue to promote cooperation in the fields of law and justice, construction, transport, disaster risk reduction, and urban development.

Regarding regional and international issues, the two leaders emphasized the importance of the free and open international order based on the rule of law and principles of upholding the UN Charter to promote cooperation and achieve peace, stability and prosperity in the Indo-Pacific region and the world.

Vietnam and Japan reaffirmed the importance of ASEAN unity and centrality and concurred on working together to increase the effectiveness and role of Mekong-Japan cooperation in the time to come.

The two leaders expressed their concerns on the situation in the South China Sea, known in Vietnam as the East Sea, and reiterated the importance of refraining from any unilateral attempts to change the status quo by force or coercion, or escalating tensions.

The two leaders affirmed the importance of maintaining peace, security, safety, freedom of navigation and overflight and unimpeded lawful economic activities in the South China Sea, exercising self-restraint and resolving disputes peacefully in accordance with UNCLOS, while reaffirming that UNCLOS is the most comprehensive international legal basis for the maritime domain.

Comments ( 0)
  • Read More
Coteccons dismisses concerns over executive departure, competition from Vingroup's arm

Coteccons dismisses concerns over executive departure, competition from Vingroup's arm

Vietnam's leading contractor Coteccons (HoSE: CTD) said a recent change in senior management was unrelated to the company's share price performance, as executives highlighted record order backlog and accelerating earnings growth amid a recovery in Vietnam's construction industry.

Companies - Tue, June 16, 2026 | 5:26 pm GMT+7

VinaCapital lists 2 strategic ETFs as Vietnam fund market broadens

VinaCapital lists 2 strategic ETFs as Vietnam fund market broadens

Vietnam’s leading investment management firm VinaCapital has listed two strategic exchange-traded funds (ETFs) on the Ho Chi Minh City Stock Exchange, expanding investment options for investors seeking targeted exposure to Vietnam's long-term economic growth themes.

Finance - Tue, June 16, 2026 | 4:39 pm GMT+7

Oil & gas industry gives Vietnam edge in offshore wind supply chain: Global Wind Energy Council CEO

Oil & gas industry gives Vietnam edge in offshore wind supply chain: Global Wind Energy Council CEO

Vietnam is well positioned to play a significant role in the offshore wind power supply chain thanks to its established manufacturing base and expertise developed through its oil & gas industry and existing wind power projects, according to Ben Backwell, CEO of the Global Wind Energy Council (GWEC).

Energy - Tue, June 16, 2026 | 4:31 pm GMT+7

Vietnam banking, retail, oil stocks well placed for market recovery: brokerages

Vietnam banking, retail, oil stocks well placed for market recovery: brokerages

Vietnamese banking, retail and oil-gas stocks are among the sectors best positioned to benefit from a potential market recovery after months of pressure from geopolitical tensions and macroeconomic headwinds, according to local brokerages.

Finance - Tue, June 16, 2026 | 1:04 pm GMT+7

Petrovietnam, Huawei discuss cooperation in digital transformation, AI, energy technologies

Petrovietnam, Huawei discuss cooperation in digital transformation, AI, energy technologies

State-owned Petrovietnam and China's Huawei Technologies discussed potential cooperation in digital transformation, artificial intelligence and digital energy infrastructure during a meeting last week, as the Vietnamese giant seeks to modernize its operations and expand into new energy sectors.

Companies - Tue, June 16, 2026 | 12:20 pm GMT+7

Over 38% of Vietnamese businesses still face informal costs despite reforms: survey

Over 38% of Vietnamese businesses still face informal costs despite reforms: survey

More than 38% of businesses in Vietnam still pay informal charges, highlighting persistent gaps between regulatory reforms and their implementation, according to a survey by the Vietnam Chamber of Commerce and Industry (VCCI).

Economy - Tue, June 16, 2026 | 11:26 am GMT+7

China ready to expand railway, power connectivity with Vietnam: PM

China ready to expand railway, power connectivity with Vietnam: PM

China is prepared to strengthen railway cooperation and enhance power grid connectivity with Vietnam, thereby expanding logistics corridors, trade links, and energy cooperation, said Chinese Premier Li Qiang during a phone talk with his Vietnamese counterpart Le Minh Hung on Monday.

Economy - Tue, June 16, 2026 | 8:52 am GMT+7

VN-Index approaches 1,800-point mark as easing Middle East tensions lift sentiment

VN-Index approaches 1,800-point mark as easing Middle East tensions lift sentiment

Vietnam's benchmark VN-Index edged closer to the 1,800-point threshold on Monday as improving sentiment over easing tensions in the Middle East boosted risk appetite, driving gains in brokerage stocks while oil and Vingroup-related stocks weighed on the market.

Finance - Mon, June 15, 2026 | 8:34 pm GMT+7

Japanese products dominate Vietnamese consumer trust, but younger shoppers rewriting rules

Japanese products dominate Vietnamese consumer trust, but younger shoppers rewriting rules

Japanese products continue to enjoy the highest level of trust among Vietnamese consumers, reinforcing the country’s position as the benchmark for quality and reliability in one of Southeast Asia’s fastest-growing consumer markets, according to a new survey by market research firm Q&Me.

Economy - Mon, June 15, 2026 | 6:48 pm GMT+7

VinEnergo ramps up renewable energy push with 4 new subsidiaries

VinEnergo ramps up renewable energy push with 4 new subsidiaries

VinEnergo, the energy arm of Vietnamese conglomerate Vingroup, has accelerated its expansion into the power sector, establishing four new subsidiaries within a week as it builds a growing portfolio of renewable energy and infrastructure projects across Vietnam.

Companies - Mon, June 15, 2026 | 4:52 pm GMT+7

Thaco deepens ties with Hyundai Rotem to localize railway manufacturing in Vietnam

Thaco deepens ties with Hyundai Rotem to localize railway manufacturing in Vietnam

Vietnamese conglomerate Thaco and South Korea’s Hyundai Rotem have signed a detailed technology transfer and localization agreement for railway rolling stock production.

Industries - Mon, June 15, 2026 | 4:01 pm GMT+7

UOB Vietnam appoints Pham Hong Hai as deputy country CEO

UOB Vietnam appoints Pham Hong Hai as deputy country CEO

Singapore's United Overseas Bank (Vietnam) Limited on Monday appointed Pham Hong Hai, former CEO of HSBC Vietnam and later Vietnamese bank OCB, as deputy country CEO, effective immediately.

Banking - Mon, June 15, 2026 | 2:26 pm GMT+7

Shinhan Bank Vietnam launches AI translation desk, strengthening customer experience, digital innovation 

Shinhan Bank Vietnam launches AI translation desk, strengthening customer experience, digital innovation 

Shinhan Bank Vietnam has officially launched AI Translation Desk, an AI-powered interpretation solution designed to help foreign customers communicate more easily while using banking services in Vietnam.

Banking - Mon, June 15, 2026 | 12:03 pm GMT+7

FDI listings a missing piece in Vietnam's stock market development

FDI listings a missing piece in Vietnam's stock market development

As Vietnam's stock market moves closer to its long-awaited upgrade to secondary emerging market status and seeks to attract higher-quality capital, allowing more foreign-invested companies to list on domestic exchanges could broaden the pool of investable assets and support the next phase of capital market development.

Finance - Mon, June 15, 2026 | 11:14 am GMT+7

Chinese robot 'eyes' manufacturer builds 10-hectare factory in northern Vietnam

Chinese robot 'eyes' manufacturer builds 10-hectare factory in northern Vietnam

Orbbec Inc., a Chinese company specializing in 3D vision sensors and robotic hardware, is building an over-10-hectare manufacturing center in the northern province of Bac Ninh to serve international markets.

Industries - Mon, June 15, 2026 | 8:00 am GMT+7

Long Thanh airport project faces shortage of 2,000 workers

Long Thanh airport project faces shortage of 2,000 workers

The Long Thanh International Airport project in the southern province of Dong Nai is still short nearly 2,000 workers compared to actual requirements during its final acceleration phase.

Infrastructure - Sun, June 14, 2026 | 6:08 pm GMT+7