Japan pledges nearly $1bn in new ODA for Vietnam

As part of his Japan visit from June 4 to 8, Vietnam’s Prime Minister Nguyen Xuan Phuc held talks with his Japanese counterpart Shinzo Abe, with both leaders reaching consensus on major orientations and specific measures to push forward the two countries’ extensive strategic partnership.
 
The visiting leader affirmed Vietnam’s consideration of Japan as a long-term economic partner, and highlighted the extreme importance of the strategic economic cooperation with Japan. 
 
In response, the Japanese premier hailed Vietnam for its increasingly important role in the region and the world, and vowed to provide continued support for Vietnam’s development with the involvement of small and medium-sized Japanese enterprises, corporations and research institutes. 
 
The two leaders also vowed to promote economic connectivity via the extension of links across investment, trade, ODA, high-tech agriculture and labor.