Cooperation possibilities for Japan and Vietnam are limitless, Japanese Prime Minister Kishida Fumio said at a seminar on bilateral cooperation in digital transformation, technology renovation, and supply chain diversification in Hanoi on Sunday morning.

As part of his two-day visit to Vietnam starting on Saturday, PM Kishida attended the seminar that was co-organized by the Vietnamese Ministry of Industry and Trade and the Japan External Trade Organization (JETRO). 

Emphasizing that the bilateral cooperation potential has no limits, PM Kishida said the two countries have been focusing on expanding their partnership toward the post-pandemic period.

He said he looked forward to working with Vietnamese Prime Minister Pham Minh Chinh to strengthen the strategic partnership between Japan and Vietnam for their mutual interests in the context that Tokyo announced its 'ASIA-Japan Investing for the Future Initiative' in January. 

He recalled that the two sides had launched three initiatives on cooperation in technology and industrial development, digital transformation, and supply chain diversification during PM Chinh’s visit to Japan last November.

Vietnam’s supporting industries, Kishida said, are essential for Japanese enterprises to operate stably in the Southeast Asian country, so the two sides should cooperate to enhance the capacity and technology for those industries.

The two countries also hope to keep working together to address various socio-economic issues through digital transformation, the Japanese government chief stated.  

Regarding supply chains, Kishida said that Vietnam has an increasingly important role in the global supply chain, whose importance was clearly realized amid the serious impacts of the COVID-19 pandemic. 

He pointed out that Vietnam accounted for 39 among the 92 Japanese-supported projects on diversifying supply chains in the ASEAN region.

Addressing the workshop, PM Chinh said Vietnam is focusing on boosting its science-technology development and innovation to enhance its participation in the Fourth Industrial Revolution in service of the country’s rapid and sustainable development.

Vietnam hopes for further coordination and support from the government and enterprises of Japan in the process of technology renovation, digital transformation, and supply chain diversification, the Vietnamese government chief said. 

“Both countries can work together to speed up their digital transformation process toward setting up a digital partnership,” Chinh said.

He asserted that the Vietnamese government will always facilitate both Japanese and Vietnamese enterprises in strengthening their partnership in all fields.

Japanese PM Kishida, along with his entourage, left Hanoi on Sunday afternoon, wrapping up his first official visit to Vietnam since he took office in October 2021.

The visit took place when the Vietnam - Japan extensive strategic partnership is developing fruitfully and both nations are looking forward to celebrating the 50th anniversary of their diplomatic ties in 2023.

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