Vietnam eyes stronger cooperation with Chinese Guangdong

Bilateral trade between Vietnamese localities and Guangdong province of China reach 17 billion USD in 2016, up 2.9 percent compared to 2015, it was reported at a conference held in Hanoi on July 19.
Vietnam eyes stronger cooperation with Chinese Guangdong ảnh 1Deouty Foreign Minister Le Hoai Trung (Source: Vietnamplus)
Hanoi (VNA) – Bilateral tradebetween Vietnamese localities and Guangdong province of China reach 17 billionUSD in 2016, up 2.9 percent compared to 2015, it was reported at a conferenceheld in Hanoi on July 19.

The conference is a regular event to reviewcooperation between ministries, sectors and localities of Vietnam and Guangdongprovince.

Address the event, Deputy Foreign MinisterLe Hoai Trung stressed the Vietnamese Party and Government’s policy to enhancewin-win collaboration with China in general and with Guangdong province inparticular.

He called on the two sides to maintain exchange of all-level visits to promote mutualunderstanding and trust; make the best use of cooperation mechanisms among theiragencies; and boost links in economic-trade, investment, transport,agriculture, culture, education, and tourism.

The Deputy FM asked Guangdong to make it easier for Vietnamese goods, especiallyagro-forestry-aquaculture products; dairy products; and processed fruits to enterthe Guangdong market, contributing to more balanced trade between the twocountries.

For his part, Vice Governor of Guangdong Lin Shao Chun affirmed Guangdong is willingto work with the Vietnamese side in implementing cooperative programmes signed betweenthe two sides, towards stepping up the Vietnam-China comprehensive strategiccooperation.

The Chinese locality hoped Vietnam’s agencies will consider preferentialpolicies for the construction of An Duong industrial park in the northern portcity of Hai Phong.-VNA

VNA

See more

HCM City is now a regional specialised financial centre (Photo: VNA)

Vietnam should be flexible in selecting financial centre models: expert

Tuan also highlighted the importance of human capital, one of the five important factors to successfully build a financial centre, citing the Global Financial Centres Index, which ranks business environment, human capital, infrastructure, market development, and reputation as the key drivers of success.

Minister of Industry and Trade Nguyen Hong Dien (L) and US Secretary of Energy Chris Wright in Washington D.C. on March 13. (Photo: VOV)

Vietnam, US look to strengthen comprehensive energy cooperation

Vietnam’s consistent policy is to foster a balanced, sustainable, stable, and win-win economic relationship with the US, the minister stated. Vietnam does not intend to create any barriers that could negatively impact the US’s workers or its economic and national security, Minister of Industry and Trade Nguyen Hong Dien said.

Deputy Prime Minister Nguyen Chi Dung speaks at the first meeting of the steering committee for the building of a project on the private economic sector's development in Hanoi on March 15. (Photo: VNA)

Private sector's development key to Vietnam’s economic growth

Currently, the private economic sector comprises over 6.1 million business establishments, including approximately 940,000 registered enterprises and over 5.2 million household businesses. The sector contributes around 50% of the country’s GDP, accounts for over 56% of total social investment, employs approximately 82% of the workforce, and generates around 30% of state budget revenue and more than 30% of total import-export turnover.

Prime Minister Pham Minh Chinh receives Wouter Van Wersch, Executive Vice President of Airbus International. (Photo: VNA)

PM suggests Airbus help Vietnam in developing aviation ecosystem

During a meeting on March 14 with Wouter Van Wersch, Executive Vice President International of Airbus, Prime Minister Pham Minh Chinh praised the aerospace giant’s cooperation with Vietnamese partners, emphasising its role in boosting domestic and international connectivity and driving Vietnam’s socio-economic growth.

The Vietnam Consumer Rights Day 2025 is under the theme "Transparent Information – Responsible Consumption". (Photo: VNA)

Hanoi launches campaign for Consumer Rights Day

The event, organised by the city's Department of Industry and Trade, aimed to promote consumer protection as a long-term, essential task for all levels of government, businesses and society.