14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Business

Mekong–Japan relations key to region’s security and prosperity

Five Mekong countries and Japan should continue to boost trade and investment cooperation to ensure long-term development, Prime Minister Nguyen Xuan Phuc has said.

The strategic partnership between Mekong states and Japan remains essential for not only socio-economic development of each member country, but also for peace, stability and prosperity of the region, according to Prime Minister Nguyen Xuan Phuc.

 Prime Minister Nguyen Xuan Phuc at the Mekong - Japan Summit. Photo: Quang Hieu. 

The urgent priority of the partnership at present is to continue containing the Covid-19 pandemic and boosting economic recovery, stated Mr. Phuc at the 12th Mekong – Japan Summit, which was held online on November 13 between Japan and five Mekong countries namely Vietnam, Cambodia, Laos, Myanmar and Thailand.

At the meeting, leaders of the Mekong countries acknowledged progress in the implementation of the Tokyo Strategy 2018 for Mekong – Japan Cooperation, Mekong Industrial Development Vision 2.0, Mekong – Japan Initiative for Sustainable Development Goals toward 2030, and the Kusanone Mekong Sustainable Development Goals Initiative, among others.

The Mekong countries also welcomed a proposal from Japan’s Prime Minister Suga Yoshihide on the Investment Partnership Initiative for Mekong sustainable development, as well as cooperation in expanding regional supply chains, among others.

 Overview of the online Summit. Photo: Quang Hieu. 

Amid severe impacts from the Covid-19 pandemic, natural disasters and geopolitical tensions, leaders at the summit expressed their commitment to continuing fighting the pandemic and rebuilding economies.

Leaders from six countries also stressed the importance of boosting cooperation and economic development along with environmental protection. In this regard, it is essential for countries to ensure the sustainable development of the Mekong river basin and enhance the region’s resilience against climate change.

To further Mekong – Japan cooperation, Mr. Phuc suggested the six countries should continue promoting trade and investment based on their complementary nature and competitive advantages of each other; enhance medical cooperation via information sharing and anti-Covid-19 measures, including the development of vaccines and equal vaccine distribution; and ensure sustainable development of the Mekong river basin and capabilities in tackling climate change.

The leaders agreed on a joint-statement of the 12th Mekong – Japan Summit and plan for Japan to host the 13th Summit in 2021.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam commits 3% budget to turbocharge AI and data economy

Vietnam commits 3% budget to turbocharge AI and data economy

At least 3% of state budget spending will fund digital transformation, accelerating Vietnam’s shift toward a data-driven and AI-powered economy.

From labor-intensive to high-tech: Hanoi retrains for global edge

From labor-intensive to high-tech: Hanoi retrains for global edge

Raising the skill standards of high-tech workers is emerging as a decisive factor in strengthening Hanoi’s competitiveness as the capital accelerates its shift toward a knowledge-based industrial economy.

Hanoi craft villages resume production early, aiming for growth in 2026

Hanoi craft villages resume production early, aiming for growth in 2026

After the Lunar New Year break, Hanoi’s traditional craft villages have quickly resumed production, fulfilled orders and prepared for new markets while blending heritage craftsmanship with modern technology to strengthen competitiveness and sustain growth in 2026.

Vietnam stock market poised for post-Tet gains

Vietnam stock market poised for post-Tet gains

The post-Tet period often presents attractive opportunities for investors in the following months.

Spring Fair draws 500,000 visits, elevates Vietnamese brands nationwide

Spring Fair draws 500,000 visits, elevates Vietnamese brands nationwide

Drawing large crowds and strong commercial momentum, the 2026 Spring Fair turned Hanoi into a vibrant showcase of Vietnamese products, culture and innovation, where shopping met heritage experiences and businesses forged valuable partnerships.

Firms seek clearer policy framework for new tech, digital platforms

Firms seek clearer policy framework for new tech, digital platforms

Hanoi’s tech firms are calling for clearer demand mechanisms and transparent evaluation as the city pilots its Technology Exchange and Digital Transformation Market to boost commercialization, innovation and digital growth.

Vietnam Airlines to open first nonstop Hanoi-Amsterdam route to enhance Europe ties

Vietnam Airlines to open first nonstop Hanoi-Amsterdam route to enhance Europe ties

The move aims to open a new gateway to Europe and advance the national flag carrier’s strategy to expand its European network.

Vietnamese goods reach rural areas through Tet fairs

Vietnamese goods reach rural areas through Tet fairs

Hanoi is intensifying communication and outreach for the “Vietnamese people prioritize using Vietnamese goods” campaign to boost consumption ahead of Tet, the country’s most important holiday.