woww, good, Japanese and VietanmeseHANOI - VIETNAM has chosen to partner Japan in mining rare earth minerals and building a nuclear power plant in the South-east Asian country, Japanese Prime Minister Naoto Kan said on Sunday, as Tokyo seeks to reduce its dependence on China for the minerals.
Hanoi on Sunday also signed a deal with Moscow worth an estimated US$5.6 billion (S$7.3 billion) for Vietnam's first nuclear power plant as Russia seeks greater influence in the region.
Japan, the world's third-biggest nuclear power generator, is eyeing fast-growing markets to develop nuclear plants.
Vietnam and Japan opened a 'historic page' on Sunday, Mr Kan said, after the agreements.
'Prime Minister Nguyen Tan Dung announced that Vietnam has decided to have Japan as a partner for exploration, mining, development, and separation and production of rare earth minerals in the country,' they said in a joint statement.
Mr Kan told reporters after meeting Mr Dung that it was a sign of the 'strategic partnership between the two countries'.
Japan-Viet rare earth pact