More opportunities than challenges to China-Vietnam relations: Chinese ambassador

Substantive cooperation between China and Vietnam as well as the two countries’ relations are standing before more opportunities than challenges, according to Chinese Ambassador to Vietnam Xiong Bo.
More opportunities than challenges to China-Vietnam relations: Chinese ambassador ảnh 1Chinese Ambassador to Vietnam Xiong Bo (Photo: VNA)
Hanoi (VNA) – Substantive cooperation between China and Vietnam aswell as the two countries’ relations are standing before more opportunities than challenges,according to Chinese Ambassador to Vietnam Xiong Bo.

Xiong Bo made the assessment at hisinterview granted to the press on the threshold of the state visit to Vietnamby General Secretary of the Central Committee of the Communist Party of China(CPC) and President of the People's Republic of China Xi Jinping on December12-13.

China and Vietnam have similar politicalregimes, compatible views and ideals, similar development paths, and extensive commoninterests. The cultures of the two countries also have many similarities. Thesefactors are all good conditions, he stressed.

In the new situation, the two sides need tofurther exploit and promote their unique advantages, and promote cooperation instrategic connectivity, and promotion of linkages of the “Belt and Road”initiative and the “Two Corridors, One Belt” framework, he proposed.

The diplomat emphasised the need for thetwo countries to strengthen connectivity, with roads as infrastructure, sea astransportation, aviation as flight connections, and on the internet ase-commerce cooperation, with priority given to cooperation in transportinfrastructure, particularly hard infrastructure such as railways and expressways.

According to Ambassador Xiong Bo, China andVietnam are important trade partners of each other, as China is the Vietnam’slargest, while the latter is also the former’s fourth biggest.

More opportunities than challenges to China-Vietnam relations: Chinese ambassador ảnh 2In the first 11 months of this year, Vietnam's export turnover to China increases by 3.7% year-on-year (Photo: VNA)
He cited statistics from the General Administrationof Customs of China as saying that in the first 11 months of this year,Vietnam's export turnover to China increased by 3.7% year-on-year, while thetrade deficit decreased by 24.8%.

In ASEAN, Vietnam is the only country thatmaintains growth in exports to China, and China is one of Vietnam’s few exportmarkets that maintains positive growth momentum, the diplomat said, adding thatChina is ready to expand the import of agricultural products, especially fruits,from Vietnam. In the three quarters of this year, the import turnover ofagricultural products from the Southeast Asian nation surged by 160% comparedto the same period last year. Notably, in the first 10 months, China’s import valueof Vietnamese durian hit 1.95 billion USD, far exceeding the set target of 1billion USD set out for the whole year.

More opportunities than challenges to China-Vietnam relations: Chinese ambassador ảnh 3Exporting durian to China (Photo: VNA)
The ambassador also shared that recently hemet many Chinese delegations and tourists visiting Vietnam, who said thatVietnamese durian is very delicious, reasonably priced and widely favoured inChina.

In addition, Vietnamese fresh coconut isalso very promising, as China is speeding up procedures as well as consultingon quarantine procedures for the import.

In addition, China's demand for coconutimports continues to increase. Hainan island, the main coconut producer inChina, yields only 250 million coconut fruits per year, while China's annualmarket demand is up to 2.6 billion, excluding 1.5 billion nuts that need tobe processed.

Meanwhile, in Vietnam, there are more than180,000 hectares of agricultural land used to grow coconut, making the countrycurrently rank seventh in the coconut production worldwide.

More opportunities than challenges to China-Vietnam relations: Chinese ambassador ảnh 4Vietnamese fresh coconut (Photo: diendandoanhnghiep.vn)
Currently, coconut growing localities aremaking great efforts to improve product quality. Notably, to export this fruitto China smoothly, businesses have invested in building organic farms. More than 7,000 hectares have been recognised to meet organic standards.

With efforts of farmers and businesses tochange their methods to adapt to export markets, including China, the diplomatexpressed his hope that Vietnam will soon receive a "passport" toexport fresh coconut to the Chinese market./.
VNA

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.