Continuing to develop the friendship and comprehensive cooperation between Vietnam and China

Prime Minister Pham Minh Chinh is paying an official visit to China and attending the 14th Annual Meeting of the New Champions (AMNC) of the World Economic Forum (WEF) in Tianjin, China from June 25-28. The trip is made at the invitation of Chinese Premier Li Qiang and WEF Founder and Executive Chairman Klaus Schwab. The coming trip to China by PM Pham Minh Chinh is his first official visit there and also the first of its kind by a Government leader of Vietnam in seven years.
Prime Minister Pham Minh Chinh
Prime Minister Pham Minh Chinh

Over the past 70 years since the two countries established diplomatic relations on January 18, 1950, the Vietnam-China relationship has maintained its development momentum, with the main flow being friendship and cooperation. The two countries have established the Vietnam-China relationship framework as a comprehensive strategic cooperative partnership, under the motto of “friendly neighbourliness, comprehensive cooperation, long-term stability, and looking towards the future” and the spirit of “good neighbours, good friends, good comrades, and good partners”.

The comprehensive strategic cooperative partnership between Vietnam and China has developed stably and achieved many positive results in recent years. High-level meetings and exchange activities take place regularly. The official visit to China by Party General Secretary Nguyen Phu Trong (October 2022) has added a strong impetus to the relations between the two countries in the new period, consolidated trust, created a solid political foundation and promoted substantive and comprehensive cooperation, as well as strengthen the friendship between the two peoples.

Economic cooperation, trade and investment between Vietnam and China maintained growth momentum. Vietnam is China's 4th largest trading partner; bilateral trade in 2022 reached 175 billion USD, accounting for a quarter of the total trade turnover between China and ASEAN. The border situation on land and the Gulf of Tonkin is stable. The situation in the East Sea/South China Sea has new complicated developments but is under control. The two sides have maintained a mechanism for exchange and negotiation on maritime issues.

The PM’s participation in the 14th AMNC is a chance for Vietnam to affirm its consistent foreign policy of independence, self-reliance, diversification and multi-lateralisation of external relations, and comprehensive and intensive integration into the world; continuing to implement and concretise the results of General Secretary Nguyen Phu Trong's visit to China.

Cooperation between Vietnam and WEF has developed well. WEF and Professor Klaus Schwab highly appreciated the role and position of Vietnam. Strengthening cooperation, attending conferences and successfully coordinating several WEF events contributed to helping Vietnam increase investment attraction, promote the country's image, and strengthen relations with global corporations, as well as update new trends, development thinking and advanced management.

The annual AMNC in Tianjin, held by the WEF and the Chinese Government, is the second biggest after the WEF’s annual meeting in Davos. Themed “Entrepreneurship: The Driving Force of the Global Economy”, the 14th AMNC will feature more than 100 sessions. This year's conference has more than 100 sessions, discussing key issues, such as growth adjustment, energy and raw materials transition, natural protection, post-pandemic consumption, and innovative applications.

Prime Minister Pham Minh Chinh's official visit to China is the first face-to-face meeting between key leaders of the two countries after China consolidated the positions of state leadership in the new term. The PM’s participation in the 14th AMNC is a chance for Vietnam to affirm its consistent foreign policy of independence, self-reliance, diversification and multi-lateralisation of external relations, and comprehensive and intensive integration into the world; continuing to implement and concretise the results of General Secretary Nguyen Phu Trong's visit to China.

As an important occasion for leaders of the two countries to discuss specific orientations and measures to strengthen bilateral relations, the visit conveys a clear and consistent message of Vietnam's importance and wish for the long-term development, stability, efficiency and substance of the Vietnam-China relations; hoping that the two countries would continue to strengthen political trust, strengthen defence-security cooperation, deal with common challenges, and promote economic, trade, people-to-people and local exchanges.

Exchanges between leaders of the two countries during the visit will contribute to consolidating a high-level common understanding of controlling disagreements, removing difficulties, and properly handling maritime issues between the two countries, by peaceful means, following international law.

The PM’s participation in the 14th AMNC also highlights the message of Vietnam's active, proactive and responsible participation and contribution to common regional and global issues. The PM's contact activities contribute to strengthening cooperation between Vietnam and other countries, and international partners more practically and effectively. This is also a good opportunity to promote the image of Vietnam's stability, recovery and positive economic growth, opening its doors to international investors, businesses and tourists.

May Prime Minister Pham Minh Chinh's official visit to China and attendance at the 14th AMNC in Tianjin be a great success, contributing to strengthening the friendship between the two peoples and the Vietnam-China Comprehensive Strategic Cooperative Partnership, as well as expanding cooperation between Vietnam and the WEF, contributing to peace, stability and development of the region and around the world.