Vietnamese - Indian and Vietnamese - Japanese economic cooperations: a view from a historical comparison

Abstract

The 21st century is the century of Asia - Pacific. The region gathers a number of diverse economies of different levels, including Japan - a G7 member, India - a BRICS member, and Vietnam - a developing one. In the context of globalization and international economic integration, all three countries are making great efforts to cooperate for development goals. They acknowledge the importance of bilateral relationships because of being aware of partnership potentials for strategic development in each country, in the Asia Pacific region, and the world. Therefore, Vietnamese-Indian and Vietnamese-Japanese bilateral relationship is greatly significant, not only for Vietnam but also for Japan and India. In this paper, the author aims to compare Vietnamese-Indian and Vietnamese-Japanese relationships in order to recognize the advantages and limitations of each relation in terms of trade and investment. The research results hopefully can promote the countries’ comparative advantages and jointly develop in a dynamic region