Opening her address, PM Takaichi recalled her visit to Vietnam six years ago and expressed her wish to return to Hoi An, home to the historic Japanese bridge Nihonbashi, whose restoration was completed two years ago with Japan’s cooperation.
This bridge, which has withstood the passage of more than 400 years, tells the story of centuries of exchange between Japan and Vietnam, she said, adding that then-Prime Minister Abe chose Vietnam as the destination for his first overseas visit after taking office in 20113.
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Japanese Prime Minister Takaichi Sanae delivers a keynote policy speech at Vietnam National University, Hanoi. |
Commenting on Vietnam’s economic progress, PM Takaichi expressed admiration for the country’s rapid rise. Ten years ago, “Made in Vietnam” typically referred to clothing and textiles. Today, however, numerous global companies have established a presence in Vietnam, and many of the gadgets supporting youth culture are now manufactured here. Moreover, many of these electronic products incorporate cutting-edge Japanese technology in their core components.
According to her, Vietnam’s manufacturing industry has now become an indispensable supplier to the global market, forging an inseparable relationship with the Japanese economy as well.
At the three Thang Long Industrial Parks near Hanoi, 205 Japanese companies operate, providing employment to around 100,000 people and serving as important hubs in the international supply chains for Japanese manufacturers. For example, Canon procures parts from Vietnam, Japan, and elsewhere in Asia, and manufactures one in every four printers worldwide in Vietnam, shipping them to markets around the globe, she added.
Looking ahead, she affirmed that bilateral collaboration has expanded into outer space. She welcomed the inauguration of the Vietnam Space Center, developed with Japan’s official development assistance, at Hanoi’s Hoa Lac Hi-Tech Park this March, describing it as a milestone after nearly two decades of sustained efforts since 2006. Japan is also helping Vietnam develop the Earth observation satellite LOTUSat-1 to enhance disaster forecasting and climate change response.
Last year, the "Semiconductor Chip Technology Engineer Program" was newly established at the Vietnam-Japan University. This is expected to contribute not only to Vietnam’s industrial advancement but also to the strengthening of Japan’s semiconductor supply chain.
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An overview of the visit made by Japanese Prime Minister Takaichi Sanae to the Vietnam National University in Hanoi on May 2 |
Japan is strengthening cooperation to make supply chains more resilient, she said, wishing to advance concrete Japan-Vietnam public-private collaboration.
Marking 10 years since the late Japanese Prime Minister Shinzo Abe first introduced the (FOIP) vision in Kenya in 2016, PM Takaichi reaffirmed the initiative’s continued relevance, particularly as ASEAN adopted the ASEAN Outlook on the Indo-Pacific (AOIP) in 2019, which shares core values and spirits with Japan’s FOIP. She noted that last October, she and ASEAN leaders adopted a joint statement confirming the synergy between FOIP and AOIP and the promotion of further cooperation.
Against the backdrop of structural shifts in the global order, including intensifying geopolitical competition, rapid technological change and the rise of the Global South, PM Takaichi unveiled an updated FOIP framework focused on three priorities: building economic infrastructure for the age of AI and data including strengthening supply chain resilience for energy and critical materials; co-creation of economic growth opportunities through public-private collaboration and rule sharing; and enhancing cooperation in the field of security to ensure regional peace and stability.
On energy security, the Japanese leader said she recently held an emergency online summit with Asian leaders and announced the “Partnership on Wide Energy and Resource Resilience Asia”—POWERR Asia, thanking PM Hung for his participation.
As the first project under "POWERR Asia," Japan and Vietnam concurred to support through NEXI in order to procure crude oil for the Nghi Son Refinery. As a medium- to long-term structural response, the two sides will draw on Japan’s experience to build regional oil stockpiling and release systems, advance energy conservation, and using Japanese technology, develop and disseminate new energy sources such as biofuels, next-generation solar power, nuclear energy and LNG to power.
PM Takaichi also highlighted joint efforts to gain an edge in the digital era. Through the “ASEAN-Japan Co-Creation Initiative for AI” announced last October, countries will develop AI models that reflect Asia’s linguistic and cultural diversity. Japan has also introduced the “the FOIP Digital Corridor” concept, aimed at advancing submarine cables, open radio access networks (Open RAN), satellite communications and all-optical networks across the Indo-Pacific.
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Japanese Prime Minister Takaichi Sanae in a photo with delegates and students at the Vietnam National University, Hanoi |
On trade and economic cooperation, she stressed the importance of strategically expanding the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) while maintaining its high standards.
In closing, PM Takaichi emphasized that each country has its own Indo-Pacific vision, calling for stronger cooperation among resilient countries to build a “free and open” Indo-Pacific as a foundation for peace and prosperity.
She also expressed hope that her engagement with faculty members and students at Vietnam National University will inspire younger generations in both countries to reflect on the future of Japan, Vietnam and the broader Indo-Pacific, and to envision their own future within it.
Source: VNA