A Vietnamese factory processing tra fish for exports (Illustrative image. Source: VNA) Hanoi (VNS/VNA) - Vietnamese and Chinese enterprises are encouraged to tap into the great bilateral trade potential driven by the two countries’ open trade policies, experts have said. Vietnam values and gives priority to strengthening economic and trade cooperation with China, and hopes to receive greater investment from China and the overseas Chinese community, said Nguyen Noi, Deputy Director of the Foreign Investment Agency under the Ministry of Planning and Investment. “I’m pleased to see that many leading Chinese corporations are expanding their investments in the fields of electronics, renewable energy and IT, applying modern technology and bringing more value in line with Vietnam’s foreign investment orientation,” Noi told a conference on Vietnam-China trade and investment last week. China continued to be Vietnam’s … [Read more...] about Vietnam, China have room to grow trade ties: experts
Entfernung vietnam china
Vietnam, China to enhance trade on farm produce
Illustrative image (Source: VNA) Beijing (VNA) – Minister of Industry and Trade Tran Tuan Anh has held a working session with head of China’s General Administration of Customs Ni Yuefeng to seek ways to boost bilateral trade ties in a more balanced and sustainable manner. The two sides agreed that thanks to the attention and direction of senior leaders of both countries, economic and trade cooperation between Vietnam and China has grown rapidly and seen fruitful outcomes over the years. They noted that Vietnam’s trade deficit with China has been decreasing, but has yet to be sustainable, thus requiring more effective measures to narrow it down. They affirmed the significant role of cooperation in farm produce trading, and agreed to continue to further facilitate the trade of the products in the coming time. Alongside, the two sides agreed to closely work together in implementing the protocol on opening the Chinese market for Vietnamese dairy products and … [Read more...] about Vietnam, China to enhance trade on farm produce
Vietnam-China diplomatic relations marked in Beijing
Vietnamese Ambassador to China Dang Minh Khoi speaks at the event (Source: baomoi.com) Beijing (VNA) – The Vietnamese Embassy in China held a grand ceremony in Beijing on January 17 to mark the 69th founding anniversary of Vietnam-China diplomatic relations. Addressing the event, Vietnamese Ambassador to China Dang Minh Khoi highlighted the traditional friendship between Vietnam and China, which was fostered by Presidents Ho Chi Minh and Mao Zedong, and many generations of the two countries’ leaders. Though the bilateral relations have experienced ups and downs over the past 69 years, friendly cooperation remains the main course of action and the only correct choice that is significant to the development of each country, he said. Developing its friendly and cooperative ties with China is one of the top priorities in Vietnam’s external policy of independence, self-reliance, multilateralisation, and diversification, he stressed. The diplomat expressed his pleasure … [Read more...] about Vietnam-China diplomatic relations marked in Beijing
PM: Vietnam-China partnership develops well
Prime Minister Nguyen Xuan Phuc (Source: VNA) Hanoi (VNA) – The comprehensive strategic cooperative partnership between Vietnam and China has developed finely and reaped many encouraging achievements, with joint efforts of the two parties, governments and peoples, Prime Minister Nguyen Xuan Phuc has said. In an interview granted to China’s Xinhua news agency on the occasion of his attendance at the first China International Import Expo (CIIE) on November 4-5, PM Phuc affirmed that the most outstanding achievement is the strengthening of political, diplomatic and economic ties. According to the PM, the two countries have maintained regular mutual visits and high-level contacts, through which the two sides reached common perceptions on many important matters. The political and diplomatic relations between Vietnam and China have laid a foundation for the development of investment, trade and economic ties, with the signing of many investment and economic agreements. … [Read more...] about PM: Vietnam-China partnership develops well
Party leader hails growing Vietnam-China relations
General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong (R) shakes hands with Secretary of the Communist Party of China (CPC)’s Commission for Discipline Inspection Zhao Leji (Photo: VNA) Hanoi (VNA) – Party chief Nguyen Phu Trong applauded the recent positive developments of the relations between the Vietnamese and Chinese Parties and States while hosting Secretary of the Communist Party of China (CPC)’s Commission for Discipline Inspection Zhao Leji in Hanoi on September 27. At the reception, General Secretary of the Communist Party of Vietnam (CPV) Central Committee Trong thanked Chinese Party General Secretary and President Xi Jinping and other leaders of China for sending messages of condolences to the Vietnamese Party, State and people over the passing of President Tran Dai Quang. He also thanked Zhao for leading a delegation from the Communist Party of China to pay tribute to the Vietnamese leader. The Party leader … [Read more...] about Party leader hails growing Vietnam-China relations
Committee for Vietnam – China cooperation convenes 11th meeting
Deputy Prime Minister and Foreign Minister Pham Binh Minh (R) and State Councillor and Foreign Minister of China Wang Yi (Photo: VNA) HCM City (VNA) – The 11th meeting of the Steering Committee for Vietnam – China Bilateral Cooperation convened in Ho Chi Minh City on September 16 under the chair of Deputy Prime Minister and Foreign Minister Pham Binh Minh and State Councillor and Foreign Minister of China Wang Yi. The sides agreed that the two countries’ comprehensive strategic cooperative partnership has grown positively since the last meeting in April 2017, with their high-ranking Party and State leaders exchanging frequent meetings and contacts, and cooperation between their public ministries, sectors and localities as well as people-to-people exchange boosted across fields. They also pointed to shortcomings in bilateral ties, including trade deficit of Vietnam with China, slow progress of Chinese-constructed projects in Vietnam, and slow disbursement of Chinese … [Read more...] about Committee for Vietnam – China cooperation convenes 11th meeting
New circular to help boost Vietnam-China border trade
According to Circular No 19/2018/TT-NHNN issued by the State Bank of Vietnam on August 28, which will take effect from October 12 this year, the Chinese yuan will be allowed for payment in the border areas between Vietnam and China. Besides the yuan, traders and residents in the border areas of Vietnam and China, can also use Vietnamese dong or fully convertible currencies, such as the US dollar, Euro or Yen, for payment of goods and services. At Mong Cai International Border Gate In addition to individuals, some other organizations will be subject to the new regulation. They include commercial banks and branches of foreign banks licensed to conduct foreign exchange transactions in Vietnam; branches of banks located in border areas and border-gate economic zones of Viet Nam and China; organizations trading in duty-free goods; organizations providing services in isolated areas at international border gates; organizations engaged in bonded warehouses in border regions; … [Read more...] about New circular to help boost Vietnam-China border trade
Vietnam, China hold joint medical examination in border areas
Medical officers of Vietnam and China are joining a medical examination for people in border areas of the two countries, as part of the fifth Vietnam-China border defence friendship exchange programme (Photo: www.qdnd.vn) Hanoi (VNA) – Medical officers of Vietnam and China are joining a medical examination for people in border areas of the two countries, as part of the fifth Vietnam-China border defence friendship exchange programme. The first round of examination is underway in Hoa Thuan township of Vietnam’s northern border province of Cao Bang until August 24, while the second one in Longzhou County in China’s Guangzi Zhuang Autonomous Region is slated for August 26-28. The programme is organised by the Army Medical Department under the General Department of Logistics of the Vietnamese Defence Ministry of Defence, along with the Health Department under the Logistic Support Department of the Central Military Commission of China, and local authorities. … [Read more...] about Vietnam, China hold joint medical examination in border areas
Party ties important to Vietnam, China
Speaking at the meeting, Chen, also President of the Central Party School, expressed his delight at the strong development of the Vietnam-China relations in recent years. The Party and Government of China attach great importance to the ties with Vietnam and want to work with the Party, State and people of Vietnam to further consolidate and expand the partnership between the two Parties and States, he said. He expected the two sides will continue increasing exchange of high-level visits, reinforcing political trust and fostering cooperation in multiple fields, people-to-people exchange and ties between the two Parties in the time ahead. Secretary of the Communist Party of Vietnam Central Committee Nguyen Xuan Thang delivers a speech at a seminar on Karl Marx’s ideology in the 21st Century and the future of socialism in the world in China. Thang, for his part, congratulated China on the success of the 19th CPC National Congress in 2017 and voiced his belief that … [Read more...] about Party ties important to Vietnam, China
Vietnam, China see culture as bridge to boost friendship
The agreement was reached by Vietnam’s Ministry of Culture, Sports and Tourism Nguyen Ngoc Thien and Chinese Minister of Culture Luo Shugang at their talks in Beijing, China on January 7, which was made as part of the Vietnamese official’s on-going working visit to China. At the function, the two ministers reviewed the outcomes regarding the implementation of the Vietnam – China cultural cooperation agreement for 2016-2018. Prominent among those were the establishment of the Chinese Friendship Palace in Hanoi in November 2017, two photo exhibitions on Vietnam, China's beauty, and the signing of a memorandum of understanding on cooperation in the culture industry. The two sides agreed to look at culture as a friendly bridge linking peoples in the two countries, and reached consensus on orientations on culture cooperation for the 2019-2021 period, which would focus on cooperation in safeguarding intangible cultural heritage and art training. During his three-day visit … [Read more...] about Vietnam, China see culture as bridge to boost friendship