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Takaichi Lands in Australia After Vietnam Deals to Tighten Energy and Security Ties

The trip showcases a turn toward economic security to lock in fuel and mineral supplies.

Overview

  • Meeting Vietnamese leaders Saturday in Hanoi, Prime Minister Sanae Takaichi sealed six accords that prioritize energy, critical minerals and technology to steady ties after a sharp drop in new Japanese investment this year.
  • In a Hanoi address updating Japan’s Free and Open Indo‑Pacific vision, she pledged a more proactive role, stressing open sea lanes and avoiding reliance on a single supplier for key goods.
  • She arrived in Canberra Sunday to meet Prime Minister Anthony Albanese, with plans to reinforce their special strategic partnership that focuses on energy security, critical minerals and defense projects.
  • Under Japan’s $10 billion Power Asia program, Tokyo will help arrange crude supplies for Vietnam’s Nghi Son refinery to support that country’s energy self‑reliance.
  • Japan is diversifying fuel sources as Middle East shipping remains disrupted, with a trade ministry official confirming a Sakhalin‑2 crude shipment from Russia as part of the broader effort.