Thursday , August 11 2022

Evaluation of the results of the Prime Minister's visit


Reporter: Prime Minister Nguyen Xuan Phuc has successfully packed his trip to China for the first China International Import Fair in Shanghai. Would you please tell me about the activities involved in this trip?

The name is derived from Form 1 translation
Foreign Minister Le Hoai Trung attended the seminar.

Deputy Alternate Le Hoai Trung: At the invitation of Chinese President Xi Jinping, Prime Minister Nguyen Xuan Phuc led the Vietnamese government delegation to China to attend the first China International Import Fair held in Shanghai (CIIE 2018) from 4 to 5 November 2018. This exhibition is one of China's four most important foreign affairs events in 2018. Through Expo, China wants to showcase its message of opening the world to markets, providing opportunities for countries. China's access to major markets. Prime Minister Nguyen Xuan Phuka's visit was the first tour of Vietnam following the 19th Communist Party of China (October 1977) and Nguyen's second trip to China. Xuan Phuc as prime minister. During his visit, Prime Minister Nguyen Xuan Phuc spoke with party leaders, heads of state, ministries, affiliates and populated areas of China about priorities in socio-economic development and integration. Vietnam, cooperation with China and ministries, industries, locations and companies of both countries.

The journey is in the context of China continuing to occupy the second largest economy in the world, the world's largest producer and exporter, the leading trading partners from 128 countries, which make annual investments of about 30% of global GDP growth. The relationship between Vietnam and China has maintained a positive trend with many new developments, in particular in the fields of economy and trade, bringing practical benefits to the people of both countries and contributing to the preservation of stability. political, economic and social problems in each country. China is now Vietnam's largest trading partner, Vietnam is China's largest trading partner, ASEAN, China's eighth largest trading partner in the world. In 2017, Vietnam's and China's bilateral trade turnover reached USD 93.7 billion, which is 30.2% (accounting for about one quarter of Vietnam's total import and export turnover); Vietnam's trade deficit from China has decreased (by 13.7% in 2016 and by 18.9% by 2019), Vietnam's largest importer of agricultural products and seafood in the first nine months of 2018, Vietnam's agriculture, forestry and the export turnover of the fisheries industry reached USD 29.6 billion, which is 10% more than in 2017. Vietnam's export structure to China has changed positively, with the gradual increase in the share of goods in the manufacturing industry and agricultural, forestry and fisheries products; Gradually reduce the share of exports of raw materials, fuels and minerals.

In addition to the above-mentioned trends, trade and economic co-operation between the two countries still has some problems, and shortcomings such as the Vietnamese trade deficit from China are still high (USD 22.8 billion in 2017). There are some issues that need to be resolved, for example. smuggling, tax evasion, poor quality goods.

In this context, the journey is important both politically and economically. Politically, this trip contributed to strengthening political confidence, maintaining a positive development of the relations between China and Vietnam, and resolving some issues that existed in both countries. Mutual assistance in the organization of international conferences / forums. Economy, a journey to attract China's economic potential and big market, promote positive trade relations between the two countries, promote the export of goods and sustainable commodities in the south to the Chinese market, especially in the developed Eastern Crystal, bringing about new changes to improve the efficiency of economic and trade cooperation between the two countries, a limited trade deficit from China; attracting international investment, promoting the image of the national economy – investment and tourism, contributing to the achievement of our country's economic development goals.

Prime Minister Nguyen Xuan Phuc has included 15 meetings with China's Secretary General and President Xi Jinping within a day and a half; to attend and attend the Hongqiao International Economic and Trade Forum opening ceremony; with China's Secretary General and President Xi Jinping, attending the stand of participating countries; visit the Vietnam Chamber of Commerce; Visit the Vietnam Trade Promotion Office Opening Ceremony in Hangzhou; the next mayor of the Shanghai Mud; Conducts two meetings with economic groups; many Chinese majors; Meet the Vietnamese Embassy in China and the Vietnam Consul General in Shanghai.

The trip was a major success in creating a more favorable context for a comprehensive strategic partnership between Vietnam and China and creating a new impetus for relations. Economic and trade cooperation between the two countries is balanced and effective in the interests of both countries and peoples. China attaches great importance and welcomes the fact that there are many priorities in Vietnam for hosting.

Reporter: could you explain how these activities contribute to the relationship between Vietnam and China?

Deputy Alternate Le Hoai Trung: The trip is an opportunity for the leaders of both countries to deepen the discussion on the main directions in order to promote cooperation in all fields. The meeting was held in a friendly, frank, open and friendly atmosphere with the meeting between Prime Minister Nguyen Xuan Fuk and Secretary-General of the Chinese Communist Party and President Xi Jinping and Mayor of Shanghai City Džouyu Ljana. Important results from the following three key points:

– One is to help strengthen political confidence by strengthening the friendship between Vietnam and China: during a meeting with Prime Minister Nguyen Xuan Phuc, Chinese Secretary-General and Chinese President Xi Jinping, Prime Minister Nguyen Xuan Phuc led the high-level delegation from the Vietnamese government to participate in the exhibition, demonstrating Vietnam's support for the first Chinese the first international exhibition on imports. Party Secretary-General and President Xi Jinping thank Prime Minister Nguyen Xuan Phukham for welcoming and welcoming Secretary General Nguyen Phu Trong, just elected as Vietnamese President; He confirmed that China attaches great importance to relations with Vietnam and wants to meet with Nguyen Phu Trong soon to discuss measures to promote relations between both sides and both countries in order to develop in a stable and sustainable manner. The leaders of both countries reached consensus on measures to strengthen political trust, to maintain regular contacts between the two leaders of the party – two countries; Continue to strengthen important cooperation mechanisms, such as the meeting of representatives of the two Politburo, the expansion of the bilateral co-operation steering committee, the exchange of people and the next generation of exchanges and effectiveness; Good intentions of public opinion, press, promote propaganda about Vietnam-China friendship.

Prime Minister Nguyen Xuan Phuc met with Shanghai Mayor Dung to propose Shanghai to actively expand its cooperation with ministries, industries and locations in Vietnam; Promote co-operation with Shanghai forces and locations in Vietnam. Shanghai Mayor Dung added that Shanghai attaches importance to promoting friendly exchanges and mutually beneficial cooperation with Vietnam; together with Vietnamese ministries, affiliates and places to have a good knowledge of the understanding of the party and the leaders of both countries; Strengthen the exchange and exchange of delegations at all levels, promote cooperation in all fields, and promote a comprehensive strategic partnership between Vietnam and China.

– Two key drivers for real cooperation in the areas between the two countries, especially the economy – trade: China's Secretary-General and President Xi Jinping agreed with Prime Minister Nguyen's proposal Xuan Phuc assured that China will continue to have effective policies and measures to further improve Vietnam trade deficit, promoting bilateral trade in order to continuously and sustainably develop; To create favorable conditions and to continue to expand the market and open new channels of cooperation and to distribute Vietnamese goods, especially agricultural products used by Chinese consumers, such as fruits, pork, milk is consumed on the Chinese market. Shanghai Vice President Dungs Dungs stressed that he would support and encourage Vietnamese companies to participate in the China International Import Fair to be held in Shanghai to facilitate the supply of goods by force. Vietnam's agricultural, forestry and fisheries products are increasing in Shanghai and the East China Sea.

Chinese companies appreciate improvements in Vietnam's investment environment over time; He expressed his willingness to increase investment in Vietnam in high technology and environment-friendly areas, promoting socio-economic development and solving local jobs in Vietnam.

– The three high-level leaders agreed to control disagreements, maintain peace and stability at sea, not affect environmental peace, stability, and the development of bilateral relations. Prime Minister Nguyen Xuan Phuc welcomed the positive mechanisms for the negotiation and cooperation mechanisms for the less sensitive sea between the two countries, as well as the initial progress in the negotiations on the Code of Conduct in the South China Sea (PRC) between ASEAN and China; At the same time, we strongly urge both sides to seriously pursue a shared vision of the leaders of both countries, the "Agreement on the Basic Principles for the Advancement of Problems Solving on the Sea", the ongoing disputes over the legitimate interests of the other in accordance with international law, the 1982 United Nations The Convention on the Law of the Sea; Maintaining peace and stability in the South China Sea and the region.

Q: What is the vice-president's assessment of Vietnam's participation in the first China International Import Fair in Shanghai?

Deputy Alternate Le Hoai Trung: The first China International Import Fair in Shanghai was jointly organized by the Chinese Ministry of Commerce and the Shanghai Municipal Government, with 18 executives and Heads of Government, Senior Officials, and more than 3,000 companies from 130 countries and territories. Vietnam participated in the exhibition as "National honor". Based on the exhibition space presented by the organizing committee to "reputable countries", we have selected and sent 25 prestigious, high-quality and exportable companies in two categories of agricultural products. seafood, processed foods and trading services. The Vietnam National Pavilion has attracted a lot of visitors. During the exhibition, Vietnamese companies have signed many contracts (if any), as well as many items at the exhibition (if any).

Prime Minister Nguyen Xuan Phuc, speaking at the opening ceremony and Hongkie International Economic and Trade Forum, expressed strong support for liberalization, trade facilitation and investment. wants to work together with the countries to effectively meet global challenges; To introduce the possibilities of cooperation in Vietnam, especially in the market, business investment environment, competitiveness, innovation and strengths of Vietnam such as rice, coffee, fruit, processed products, clothing, electronics …; confirmed that Vietnam always creates a favorable and fair business and investment environment for foreign investors; Calls on the parties to improve dialogue and policy exchange between government and companies; Applying measures to detect and more effective administrative procedures, in particular customs, quarantine reform.

Vietnam's participation in the role of the "Honorary State" and its promotion at the exhibition have significantly contributed to the substantial cooperation between the two countries in all areas, especially in the fields of economy and trade. promote the image, brand, and product of the Vietnamese state; actively promoting Vietnam's strengths, such as agricultural and marine products and processed food, promotion of exports to China and other countries in the world; Make it easier for Vietnamese companies to find the market and expand their business.


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