Japan and Vietnam Expand Energy and Mineral Cooperation
Prime Minister Sanae Takaichi pledged to boost energy and mineral ties with Vietnam. Six agreements were signed to secure supply chains and crude oil resources.
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Japan Prime Minister Sanae Takaichi pledged to deepen energy and mineral ties with Vietnam on May 2, following a 75% drop in quarterly investment.
New Japanese capital inflows into Vietnam fell to $233 million in the first quarter, though bilateral trade rose 12.3% to $13.7 billion. The partnership aims to secure supply chains for critical minerals and semiconductors as regional economic competition intensifies.
