During a meeting with General Secretary of the Communist Party of China (CPC) and President Xi Jinping in Da Nang on November 11, PM Phuc applauded the Chinese leader’s State visit to Vietnam and his attendance at the APEC Economic Leaders’ Meeting in the central city.
He expressed his delight at the progress in bilateral ties over the past time, stressing that China remained the largest trade and tourism partner of Vietnam while Vietnam is still the largest trade partner of China in ASEAN.
Regarding investment, the PM said Vietnam welcomes and creates favourable conditions for Chinese firms to carry out large-scale projects using advanced and eco-friendly technologies, particularly in regards to infrastructure, processing industry, clean energy and high-tech agriculture.
He suggested the two sides implement well the “Two Corridors, One Belt” framework and “Belt and Road” initiative, and improve infrastructure, particularly in border areas.
On trade, PM Phuc took this occasion to urge China to take effective measures to reduce Vietnam’s trade deficit and import more Vietnamese goods such as agro-forestry-aquatic products, striving to foster stable and balanced trade and achieve the bilateral trade target of 200 billion USD in 2025.
The government leader called for the effective implementation of cooperation projects in finance, agriculture, environment, transport and science-technology.
He proposed China provide more preferential credits for Vietnam and make it easier for the country to obtain access to soft loans within bilateral and multilateral frameworks.
PM Phuc also suggested stepping up studies on rice cross-breeding adapted with drought and saline intrusion, jointly dealing with arising issues in fishing at sea, increasing coordination in the use, management and protection of water resources across the border as well as fostering cooperation in tourism, transport, friendship exchanges and mutually-beneficial ties among localities.
On maritime issues, PM Phuc said both sides must consistently settle disputes by peaceful measures in accordance with international law, including the United Nations Convention on the Law of the Sea 1982.
He proposed both sides strictly implement the Agreement on Basic Principles guiding the Settlement of Issues at Sea between Vietnam and China, control disputes, avoid actions that expand and further complicate disputes, maintain peace and stability in the East Sea, and accelerate demarcation and cooperation for mutual development in disputed waters.
For his part, CPC General Secretary and President Xi Jinping affirmed that the Party, government and people of China attach utmost importance to strengthening friendly neighbourliness and comprehensive cooperation with Vietnam, saying the stable and healthy development of bilateral relations is conformable with the interests of both nations and aspirations of their people.
The Chinese leader stressed the need to increase high-level meetings to discuss major issues in bilateral relations, promote strategic connectivity for development, facilitate trade and investment ties, foster cooperation in key fields and major projects, enhance people-to-people friendship exchanges, strictly implement common perceptions reached by senior leaders and maintain peace and security at sea for the overall complexion of the bilateral relationship.
He spoke highly of Vietnam’s thorough preparations for and congratulated Vietnam on successfully hosting the APEC Economic Leaders’ Meeting.
The Chinese leader also extended his sympathy to the CPV, government and localities that were recently hit by natural disasters and declared that the Chinese government will offer 10 million yuan in aid to Vietnam in order to help with post-disaster recovery efforts.