PM Nguyen Xuan Phuc delivers a speech at the China International Import Expo (CIIE) 2018, Shanghai, November 5, 2018 – Photo: VGP/Quang Hieu He welcomed the Expo which represented the thinking of win-win, economic and commercial cooperation in favor of regional and global economic growth. According to the Vietnamese PM, the world economy is backing on track and developing. The fourth Industrial revolution has influenced every country, enterprise, and people; opening up opportunities and creating challenges. However, trade disputes are emerging in a complicated manner, requiring relevant sides to negotiate and consolidate confidence; abide by international laws and beef up equal cooperation. PM Phuc praised the socio-economic achievements which China has attained after 40 years of renovation and the organization of the first CIIE. As a close and friendly neighbor, said PM Phuc, Viet Nam always respects for solidarity, stable and cooperative relations, and hopes to shake hands with China to promote trade and economics in favor of mutual benefits. “Viet Nam advocates the open, fair, transparent multilateral trade system which relies on the World Trade Organization’s rules; support trade and investment liberalization; generate a favorable business environment; positively contribute to peace, cooperation, and development,” the PM stressed. The PM quoted a Vietnamese proverb “One tree can’t make a hill, three trees can make a huge mountain,” as saying that in the context of globalization, a single country finds it difficult to develop without opening its door for integration as linkages create ‘high mountains’ and ‘high forests’ for development. At the CIIE 2018, a… [Read full story]
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