Viet Nam emerging as important economy in Southeast Asia: Indian expert

The visit to Viet Nam by Japanese Prime Minister Kishida Fumio from April 30 to May 1, along with the visit by his predecessor Suga Yoshihide in 2020, showed that Viet Nam is emerging as one of the promising important economies in Southeast Asia, commented Pankaj Jha, Director of Indian Jindal Global University’s Centre for Strategy and Security Research.
Foreign economists: Vietnam has many driving forces for 2022 growth. (Photo: VNA)
Viet Nam emerging as important economy in Southeast Asia: Indian expert. (Photo: VNA)

PM Kishida’s visit took place nearly five months after the Japan visit by Vietnamese PM Pham Minh Chinh in November 2021.

In his article run in website, Pankaj Jha mentioned talks between PM Chinh and his Japanese counterpart Kishida, in which PM Chinh highly valued Japanese investment in Viet Nam.

The scholar noted that the Japanese government leader’s visit aims to explore possibilities for cooperation between the two countries in areas of developing technology parks, software industry and export processing zones, bringing Viet Nam into the Japanese trade network, vocational training and tourism promotion.

He added that the implementation of the Regional Comprehensive Economic Partnership and the facilitation of regional trade is the priority of both Vietnamese and Japanese governments.

Jha highlighted that Viet Nam is seeking to diversify its supply chain, adding that Viet Nam and Japan can be seen as each other’s natural partner in strengthening regional security, trade, investment, innovation and research as well as promoting peace and prosperity in the region.

Viet Nam - important partner of Chile in Southeast Asia: Chilean FM
Important high-level visits of Viet Nam-Laos special relationship
Review on external affairs from April 18-24: Visit by Indian Lok Sabha Speaker, Viet Nam-Argentine bilateral talks
Visit to Viet Nam by Indian Lok Sabha Speaker: To add a new momentum in Viet Nam-India relationship
Viet Nam to become second largest digital economy in Southeast Asia in 2025: experts
(Source: VNA)