Partnership intensification matches VN-China’s basic interests

Partnership intensification matches VN-China’s basic interests: President

The enhancement of the Vietnam-China comprehensive strategic cooperative partnership is in line with the two countries’ fundamental and long-term interests, President Tran Dai Quang said.
Partnership intensification matches VN-China’s basic interests: President ảnh 1President Tran Dai Quang will pay a State visit to China and attend the high-level forum on the Belt and Road Initiative from May 11-15 (Photo: VNA)

Hanoi (VNA) – The enhancement of the Vietnam-Chinacomprehensive strategic cooperative partnership is in line with the twocountries’ fundamental and long-term interests while benefiting peace andstability in the region and the world.

President Tran Dai Quang made the remark duringan interview granted to Chinese press outlets on May 10 ahead of his Statevisit to China where he will attend a high-level forum on the Belt and RoadInitiative.

The Vietnamese and Chinese Parties and States haveenjoyed a sound cooperation foundation and basic similarities, including the time-honouredtraditional friendship and neighbourliness built and nurtured during the nationalstruggles for liberation, the persistent path to socialism, the current reformand opening, and mutual interests in maintaining a peaceful and stableenvironment for national development, he said.

He described their cooperation potential as veryhuge, adding that China is the world’s second biggest economy and has gainedmuch development experience, especially in terms of economy. Meanwhile, Vietnamhas maintained its economic growth trend and is assessed as successful inforeign investment attraction compared to other developing countries.

Both sides need to continue working out measuresto expand and improve the quality and efficiency of cooperation in all spheres,he said.

President Quang noted during his visit, he willdiscuss with Party General Secretary and President of China Xi Jinping, and othersenior leaders of the Chinese Party and State, key measures to foster mutualtrust, promote the settlement of issues of shared concern, consolidate thecountries’ long-standing amity, intensify the comprehensive strategiccooperative partnership, and contribute to regional and global peace,stability, cooperation and development.

Regarding the high-level forum on the Belt andRoad Initiative, he said this is an occasion for leaders of countries andinternational organisations to talk ways to boost cooperation and internationalintegration for peace, stability, security, prosperity and sustainabledevelopment.

Vietnam supports initiatives and efforts whichaim to increase economic and regional connectivity for the sake of shared interests.The Vietnamese leader expressed his hope that the forum will open upopportunities for cooperation and economic connectivity among countries and inthe region.

He expected this connectivity will facilitatetrade, investment, business-to-business links, and people-to-people exchangewhile helping to successfully implement the 2030 Agenda for SustainableDevelopment. It will also help Vietnam and China bolster cooperation inenvironmental protection, climate change response, and management andsustainable use of natural resources.

He emphasised that Vietnamese-Chinese relationsare on an upward trend with encouraging outcomes in various aspects. Chinaremains the biggest trade partner of Vietnam, which in turn is the largestASEAN trade partner of China.

By the end of March 2017, China had more than1,600 projects worth over 11 billion USD in Vietnam, ranking eighth among 116countries and territories investing in the ASEAN nation. That Chinesebusinesses pay attention to accelerating project implementation and ensuringproject quality as committed will bring about higher economic benefits for bothsides and raise Chinese investors’ prestige in Vietnam, he noted.

Vietnam welcomes Chinese firms’ increase of investmentand technology transfer through major projects that match China’s strength andVietnam’s demand such as in infrastructure development, manufacturing industry,high-quality human resources development, and clean energy, he said.

With the close proximity, Vietnam pledges toprovide the best possible conditions for Chinese enterprises to trade withother markets in ASEAN and around the globe, President Quang added. - VNA
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