Vietnam, Japan Parties Vow to Bolster Theoretical, Policy Exchanges

Vietnam and Japan have agreed to further strengthen theoretical and policy exchanges to deepen their Comprehensive Strategic Partnership for Peace and Prosperity in Asia and the World. This agreement emphasizes the promotion of strategic connectivity initiatives and the development of new cooperation areas, as agreed upon by the leaders of both countries. Particular focus will be placed on enhancing substantive and effective cooperation in new fields, especially in areas such as the economy, security, and strategic connectivity, including infrastructure development. Specifically, efforts are being made to share experiences in stock market development and strengthen defense cooperation. Vietnam aims to accelerate its economic growth and maintain regional stability through strengthening its relationship with Japan. For Vietnam, under its one-party system, exchanges at the party level with Japan, a developed democracy, offer a valuable opportunity to reference policy-making, foster understanding in the international community, and gain insights into governance. The Vietnamese political system is guided by the Communist Party, and strengthening the party's theoretical and policy foundations is crucial for the stability and development of national governance. Exchanges with Japan can bring multifaceted benefits to Vietnam as it advances its market economy, including expertise in economic management, adoption of international standards, and legal system development. Furthermore, strengthening cooperation in the security sector is a vital element in safeguarding Vietnam's national interests amidst a changing regional landscape driven by rapid economic development and a complex geopolitical environment, including its relations with China.