Employees work at Toyo Solar Co. Ltd., a Japanese-invested company in the Cam Khe Industrial Park of Phu Tho province, with a total investment of 200 million USD in 2023. (Photo: VNA)
Amid an increasingly complex security environment in the Asia-Pacific region, the development of the Vietnam-Japan Comprehensive Strategic Partnership for Peace and Prosperity in Asia and the World is becoming ever more significant.
This assessment was made by Japanese Ambassador to Viet Nam Ito Naoki in a recent statement regarding the foreign policy of Japanese Prime Minister Takaichi Sanae, which places particular emphasis on Viet Nam-Japan relations.
According to the diplomat, at the 14th National Party Congress, Viet Nam highlighted its "strategic self-reliance" in diplomacy and the deepening of international integration. As this year's chair of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Review Conference of the Parties to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT), and as the host of Asia-Pacific Economic Cooperation (APEC) next year, the country is significantly enhancing its presence in the international arena.
The Ambassador said that amidst the growing unpredictability of the global situation in recent years, Japan intends to support Viet Nam as it plays an active role in ensuring the peace, stability, and prosperity of the international community.
He noted that in terms of security, Viet Nam and Japan held their first Vice-Ministerial "2+2" Foreign Affairs and Defence Dialogue in Tokyo late last year. Around the same time, the Vietnamese Navy frigate Tran Hung Dao made its first port call to Japan. In Viet Nam, the Japan Maritime Self-Defence Force destroyer Onami visited Vung Tau in March, and the destroyer Asahi is scheduled to make a goodwill visit to Da Nang in April.
This shows that cooperation between the two countries in the fields of diplomacy and security is steadily increasing, the diplomat said.
In the economic sphere, he noted, cooperation based on the Comprehensive Strategic Partnership (CSP) is making steady progress. Last year, Japanese investment in Viet Nam reached 3.1 billion USD, a 20% increase from the previous year, bringing the cumulative total to 80 billion USD. Annual bilateral trade has grown 1.8 times over the past decade, now reaching 50 billion USD.
The diplomat said under the leadership of Party General Secretary and State President To Lam, the reforms have gradually moved into the implementation phase and the investment environment has further improved, presenting significant opportunities for Japanese companies to expand their operations.
For Viet Nam to achieve double-digit growth in the coming years, he suggested the key lies in sectors such as semiconductors, digital transformation (DX), green transition (GX), and disaster prevention. These areas are set to become new pillars of cooperation between Viet Nam and Japan.
Regarding the semiconductor sector, the diplomat observed that Viet Nam wants to train 500 doctoral students by 2030. In support of this, Japan has announced its commitment to host approximately 250 of these students – half of the target – through international joint research programmes.
He added that joint research initiatives between Japanese and Vietnamese universities have already commenced, with five projects selected in the first call for proposals, through which 63 doctoral students are expected to be hosted. Subsequent second and third calls for proposals are scheduled to follow. At the Viet Nam-Japan University (VJU), established by both countries, 106 students are currently enrolled in the "Semiconductor Chip Technology Programme," which was launched last October.
In light of the recent situation in the Middle East, clean energy is becoming increasingly vital, and Japanese capital and technology can be effectively utilised, the Ambassador noted.
Through the Asia Zero Emission Community (AZEC) launched by Japan, the two countries have agreed on the pilot of 15 investment projects totalling approximately 20 billion USD. These include renewable energy such as offshore wind power, as well as LNG thermal power. These are very important projects for both sides, he stressed./.
Source: VNA
