Proposing Chinese enterprises to further increase investment in Vietnam
The seminar was organized by the Vietnamese Ministry of Planning and Investment in coordination with the Chinese Ministry of Commerce, on the occasion of Prime Minister Li Qiang’s official visit to Vietnam. Also attending were leaders of ministries, sectors and representatives of typical corporations and enterprises of the two countries.
Prime Minister Pham Minh Chinh and Chinese Premier Li Qiang attend the Vietnam-China business forum (Photo: VGP/Nhat Bac).
With the theme "Strengthening mutually beneficial cooperation, joining hands to create the future", leaders of typical corporations, enterprises and banks of the two countries attending the seminar introduced the potential and strengths of each side, outstanding cooperation opportunities in the coming time, focusing on 4 areas: Infrastructure development, traffic connection, especially railway; green energy; digital economy; finance - banking.
Speaking at the seminar, Prime Minister Pham Minh Chinh affirmed that the Party and State of Vietnam always consider developing friendly relations with China an objective requirement, a strategic choice and a top priority in Vietnam's overall foreign policy.
In which, sustainable economic development cooperation is one of the key factors.
Prime Minister Pham Minh Chinh hopes and requests that businesses and entrepreneurs continue to contribute so that the two countries, which are already closely connected, will become closer, and will become more united, and will become more trusting - Photo: VGP/Nhat Bac.
Prime Minister Pham Minh Chinh said that to do this, the two governments need to further promote connections in terms of institutions, strategic infrastructure, smart governance and technology transfer, human resource training (especially high-quality human resources), capital (focusing on emerging industries), payment (especially cooperation in payment in local currency) and supply chains, production chains, value chains, etc.
"We welcome businesses to proactively and actively connect and cooperate with each other on the basis of the good relationship between the two countries," said the Prime Minister.
The Head of Government believes that investment projects of Chinese enterprises are not yet commensurate with the good relations between the two countries; with the potential of Chinese enterprises and the potential differences, outstanding opportunities, and competitive advantages between the two countries.
Prime Minister Pham Minh Chinh talks with Prime Minister Ly Cuong - Photo: VGP/Nhat Bac.
The Prime Minister called on businesses of the two countries to focus on connectivity to make breakthroughs, take innovation as a driving force to rise up, and take "harmonious benefits and shared risks" as the foundation.
The Prime Minister suggested that businesses of the two countries actively cooperate and exchange information to advise the Governments, ministries, sectors and localities of the two countries to remove barriers to production, business and trade, improve the investment environment and perfect institutions, mechanisms and policies.
Along with that, build and implement specific cooperation projects within the framework of established bilateral cooperation mechanisms and multilateral cooperation mechanisms in which both sides participate.
Continue to promote economic connectivity between the two countries, strategic connectivity in various fields, including transport infrastructure connectivity, trade and investment connectivity, production and supply chain connectivity; promote cooperation in implementing railway projects connecting Vietnam and China.
Support preferential loans, technology transfer and human resource training, support Vietnam to build and develop a modern, long-term and sustainable railway industry.
At the same time, further increase investment in Vietnam, especially large and typical projects in areas where China has strengths in high technology, digital transformation (artificial intelligence, cloud computing, Internet of Things, etc.), construction of transport infrastructure, metallurgy industry, healthcare, education, clean energy, climate change response, electric vehicle ecosystem and rechargeable battery, etc.; focus on investment in digital economy, green economy, technology transfer.
The Prime Minister also proposed supporting and creating conditions for Vietnamese enterprises to participate in the value chain and supply chain of Chinese corporations and enterprises; continuing to facilitate the enhancement of bilateral trade; and expanding the import of Vietnamese goods and agricultural and aquatic products.
According to the Prime Minister, in any cooperative relationship, "mutual benefit", "mutual win", and "shared risk" can be sustainable and are always the highest goals.
Promoting electric vehicle cooperation
For his part, Prime Minister Li Qiang expressed his satisfaction and was encouraged by Prime Minister Pham Minh Chinh's speech.
He said the Chinese Government and ministries and sectors will carefully study the opinions at the seminar so that businesses of the two countries can continue to strengthen cooperation in various fields.
In the coming time, the Chinese Prime Minister suggested that the two sides continue to pay attention to key aspects of economic cooperation - Photo: VGP/Nhat Bac
In the coming time, the Chinese Prime Minister suggested that both sides continue to pay attention to key aspects of economic cooperation, specifically continuing to connect development strategies.
The two sides will work together to connect the two countries, strengthening the connection between the "Two Corridors, One Belt" Framework and the "Belt and Road" Initiative.
Prime Minister Pham Minh Chinh and Chinese Premier Li Qiang with delegates attending the Vietnam - China Business Dialogue - Photo: VGP/Nhat Bac
Persistently open up to each other, promote market linkages, cross-border economic cooperation, actively connect transport infrastructure, promote travel and people-to-people exchanges, and promote cooperation in new fields such as wind power, solar power, electric vehicles, etc.
Assessing that the two countries have special strengths in cooperation that many other countries do not have, Prime Minister Li Qiang affirmed his belief in the future of economic and trade cooperation between the two countries, hoping that businesses will follow the big trend, seize opportunities, both develop their own businesses and contribute to the common development of the two countries.
According to the Chinese Prime Minister, the two sides need to continue to promote solidarity, sincere and persistent cooperation, bring mutual benefits, common prosperity and win-win.
The Chinese Premier also hopes that businesses from both countries will cooperate to promote the harmonious development of industries based on their own characteristics. The Chinese side encourages Chinese businesses to strengthen connections with the Vietnamese side, building a stable and smooth cross-border supply and production chain.
Source: https://www.baogiaothong.vn/ket-noi-giao-thong-la-mot-noi-dung-chinh-trong-toa-dam-doanh-nghiep-viet-nam-trung-quoc-192241013202827008.htm
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