HÀ NỘI – The enhancement of the Việt Nam-China comprehensive strategic cooperative partnership is in line with the two countries’ fundamental and long-term interests, and it benefits peace and stability in the region and the world.
President Trần Đại Quang made the remark during an interview granted to Chinese press outlets yesterday ahead of his State visit to China, where he will attend a high-level forum on the Belt and Road Initiative.
Vietnamese and Chinese Parties and States have enjoyed a sound cooperation foundation and basic similarities, including the time-honoured traditional friendship and neighbourliness built and nurtured during the national struggles for liberation, the persistent path to socialism, the current reforms and the mutual interests in maintaining a peaceful and stable environment for national development, he said.
He described their cooperation potential as huge, adding that China boasts the world’s second biggest economy and deep development experience, especially in terms of the economy.
Meanwhile, Việt Nam has maintained its economic growth trend and has enjoyed success in attracting foreign investment compared to other developing countries.
Both sides need to continue working out measures to expand and improve the quality and efficiency of cooperation in all spheres, he said.
President Quang noted during his visit, he will meet with Party General Secretary and President of China Xi Jinping, and other senior leaders of the Chinese Party and State, discussing key measures to foster mutual trust, promote the settlement of issues of shared concern, consolidate the countries’ long-standing amity, intensify the comprehensive strategic cooperative partnership and contribute to regional and global peace, stability, cooperation and development.
He called the high-level forum on the Belt and Road Initiative an occasion for leaders of countries and international organisations to boost cooperation and international integration for peace, stability, security, prosperity and sustainable development.
Việt Nam supports initiatives and efforts that aim to increase economic and regional connectivity for the sake of shared benefits. The Vietnamese leader expressed his hope that the forum will open up opportunities for cooperation and economic connectivity among countries and in the region.
He expects this connectivity will facilitate trade, investment, business-to-business links and people-to-people exchange while helping to successfully implement the 2030 Agenda for Sustainable Development. It will also help Việt Nam and China bolster cooperation in environmental protection, climate change response, and management and sustainable use of natural resources.
He emphasised that Việt Nam – China relations are on an upward trend, with encouraging outcomes in various aspects. China remains Việt Nam’s biggest trade partner. Việt Nam in turn is China’s largest ASEAN trade partner.
By the end of March 2017, China had more than 1,600 projects worth over US$11 billion in Việt Nam, ranking eighth among 116 countries and territories investing in the ASEAN nation. That Chinese businesses pay attention to accelerating project implementation and ensuring project quality as committed will bring about higher economic benefits for both sides and raise Chinese investors’ prestige in Việt Nam, he noted.
Việt Nam welcomes Chinese firms’ increasing investment and technology transfer through major projects that match China’s strength and Việt Nam’s demand such as in infrastructure development, manufacturing industry, high-quality human resources development, and clean energy, he said.
With the close proximity, Việt Nam pledges to provide the best possible conditions for Chinese enterprises to trade with other markets in ASEAN and around the globe, President Quang added.