In the first nine months of this year, two-way trade between Vietnam and China exceeds 120 billion USD - Illustrative image (Photo: VNA)Wei Wei, head of the Vietnamese department under China'scentral TV and radio station, told Vietnam News Agency correspondents inBeijing that the common perceptions reached between the high-rankingleaders of the two countries has been comprehensively implemented over the pastyear.
He emphasised that General Secretary Trong was the firstforeign leader to visit China after the 20th Congress of the Communist Party ofChina (CPC). During the visit, he and his Chinese counterpart mapped out the developmentdirections for Vietnam-China relations.
He said 2023 is the year marking 15 yearsof comprehensive strategic cooperative partnership between Vietnam and China,with increasing exchanges at all levels.
In June, Prime Minister Pham Minh Chinh paid his first officialvisit to China in his position as the PM of Vietnam, and attended the World Economic Forum (WEF)'s 14thAnnual Meeting of the New Champions (AMNC) inTianjin. In October, President Vo Van Thuong attended the third Belt and RoadForum for International Cooperation in Beijing, which was also his firstmultilateral external activity in his post.
According to the journalist, these visits are a continuationof regular exchanges and contacts between senior leaders of the two Parties andcountries in recent years.
Regarding the bright spots in economic, trade and investmentcooperation over the past time, Wei Wei said that the two countries havecooperated closely in economy and trade. Currently, China is Vietnam'slargest trading partner and Vietnam is China's sixth largest trading partner inthe world, and the largest in ASEAN.
He cited data from the Vietnamese Ministry of Industry andTrade as saying that in the first nine months of this year, two-way tradeexceeded 120 billion USD, of which 42.2 billion USD came from Vietnam’s exports.
In addition, investment cooperation still maintains growthmomentum, with China approving large investments in Vietnam this year. Chineseenterprises, especially major high-tech ones, are continuously increasinginvestment in fields matching Vietnam's needs and sustainabledevelopment strategy.
The journalist stated that accelerating the connection ofregional development initiatives, and promoting cooperation in strategic areassuch as connectivity, and emerging fields like e-commerce are the next focus ofbilateral collaboration, especially when China has said it is ready to continueexpanding the import of high quality Vietnamese products that Chinese customersneed./.
In June, Prime Minister Pham Minh Chinh paid his first officialvisit to China in his position as the PM of Vietnam, and attended the World Economic Forum (WEF)'s 14thAnnual Meeting of the New Champions (AMNC) inTianjin. In October, President Vo Van Thuong attended the third Belt and RoadForum for International Cooperation in Beijing, which was also his firstmultilateral external activity in his post.
According to the journalist, these visits are a continuationof regular exchanges and contacts between senior leaders of the two Parties andcountries in recent years.
Regarding the bright spots in economic, trade and investmentcooperation over the past time, Wei Wei said that the two countries havecooperated closely in economy and trade. Currently, China is Vietnam'slargest trading partner and Vietnam is China's sixth largest trading partner inthe world, and the largest in ASEAN.
He cited data from the Vietnamese Ministry of Industry andTrade as saying that in the first nine months of this year, two-way tradeexceeded 120 billion USD, of which 42.2 billion USD came from Vietnam’s exports.
In addition, investment cooperation still maintains growthmomentum, with China approving large investments in Vietnam this year. Chineseenterprises, especially major high-tech ones, are continuously increasinginvestment in fields matching Vietnam's needs and sustainabledevelopment strategy.
The journalist stated that accelerating the connection ofregional development initiatives, and promoting cooperation in strategic areassuch as connectivity, and emerging fields like e-commerce are the next focus ofbilateral collaboration, especially when China has said it is ready to continueexpanding the import of high quality Vietnamese products that Chinese customersneed./.
VNA
