Japan remains one of Vietnam’s leading economic partners, ranking first in ODA and labour cooperation, third in investment, and fourth in trade and tourism.
During his visit from March 23-25, the commissioner will participate in the EU-Vietnam Global Gateway Business and Investment Forum that will take place in Hanoi on 24 March.
Under an exchange of notes signed on March 20 in Hanoi, Japan agreed to provide about ¥90 billion ($609 million) in ODA for the fiscal year 2025 to support Vietnam’s green transition and climate resilience.
This is part of the Prime Minister's Directive No. 09/CT-TTg of March 19, 2026 on strengthening energy conservation, promoting energy transition, and developing electric transport.