Chinese Premier arrives in Hanoi, beginning official visit to Vietnam

By The Investor/Vietnam News Agency
Sat, October 12, 2024 | 10:53 pm GMT+7

Chinese Premier Li Qiang arrived in Hanoi on Saturday evening, starting a three-day official visit to Vietnam at the invitation of Prime Minister Pham Minh Chinh.

This is the first visit to Vietnam by a Chinese premier in 11 years and also Li’s first Vietnam trip since he took office in March 2023.

According to Vietnamese Ambassador to China Pham Sao Mai, these facts demonstrate the respect of the Chinese Party and State and Li himself for the relations with Vietnam.

Chinese Premier Li Qiang (right) is welcomed at Noi Bai international airport in Hanoi on October 12, 2024. Photo by Vietnam News Agency.

Chinese Premier Li Qiang (right) is welcomed at Noi Bai international airport in Hanoi on October 12, 2024. Photo by Vietnam News Agency.

Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son, and standing Deputy Minister of Foreign Affairs Nguyen Minh Vu welcomed the Chinese leader and his entourage at the Noi Bai International Airport.

The trip takes place in the context that the two nations are gearing towards the 75th anniversary of their diplomatic relations (January 18, 1950-2025).

The visit follows the state visits by China's Party General Secretary and President Xi Jinping to Vietnam in December 2023 and Vietnam's Party General Secretary and State President To Lam to China in August, and a tour of China by Prime Minister Pham Minh Chinh for the World Economic Forum Annual Meeting of the New Champions and working sessions in the country in June.

The visit is the continuation of the tradition of high-level exchanges between the two Parties and two countries, and is of great significance in further strengthening the Comprehensive Strategic Cooperative Partnership, promoting the building of a Vietnam-China community of a shared future that carries strategic significance in the direction of “six major goals”.

During his stay in Vietnam, Li is scheduled to have meetings with Party General Secretary and State President To Lam and Chairman of the National Assembly Tran Thanh Man, and hold talks with his counterpart Pham Minh Chinh.

The high-ranking leaders of both sides will discuss measures to continue effectively realizing the common perceptions reached by the top leaders of the two parties and states and to further consolidate political trust.

The two PMs will focus their discussion on specific solutions to expanding and improving the efficiency and quality of cooperation areas, thus deepening substantive collaboration and bringing benefits to the two countries' people.

China’s foreign ministry spokesperson Mao Ning said at a regular press conference last Tuesday: "China looks forward to working with ASEAN and other regional countries to build consensus, deepen mutual trust, strengthen cooperation, and inject new impetus into peace, stability, development and prosperity in the region and the world at large."

Li Keqiang was the last Chinese premier to visit Vietnam in October 2013, at the invitation of then-Prime Minister Nguyen Tan Dung.

China is Vietnam’s largest trade partner and import market, providing Vietnam with input materials and intermediate goods for manufacturing. Vietnam is China’s biggest trade partner in ASEAN and fifth-largest worldwide.

Comments (0)
  • Read More
Indonesia’s GDP to reduce by $1.3 bln due to VAT hike

Indonesia’s GDP to reduce by $1.3 bln due to VAT hike

The planned increase in Indonesia’s value-added tax (VAT) rate from 11% to 12% could reduce the country's GDP by IDR 21 trillion ($1.3 billion), economists warned.

Southeast Asia - Mon, December 9, 2024 | 11:12 pm GMT+7

Southeast Asia poised to become global AI hub

Southeast Asia poised to become global AI hub

In the first half of 2024, Southeast Asia attracted over $30 billion in artificial intelligence (AI) infrastructure investments, according to the 2024 e-Conomy SEA Report from Google, Temasek, and Bain & Company.

Southeast Asia - Mon, December 9, 2024 | 11:00 pm GMT+7

Vietnam deposit interest rates remain low, only 1 ppt higher than inflation: expert

Vietnam deposit interest rates remain low, only 1 ppt higher than inflation: expert

Current deposit rates offered by Vietnamese banks, despite several hikes, are still low, just 1 percentage point higher than inflation - a gap similar to that in developed countries.

Banking - Mon, December 9, 2024 | 10:30 pm GMT+7

Role of sustainable supply chains – building a resilient future

Role of sustainable supply chains – building a resilient future

Sustainability is a rapidly growing priority that has become central to how corporates in Asia are planning to govern their supply chains and respond to customer expectations, writes Surajit Rakshit, country head of global trade solutions at HSBC Vietnam.

Consulting - Mon, December 9, 2024 | 9:28 pm GMT+7

Minh Ngoc Steel: A 'quiet' major player in hydroelectric sector

Minh Ngoc Steel: A 'quiet' major player in hydroelectric sector

Minh Ngoc Producing and Trading Co., Ltd. (Minh Ngoc Steel), founded by entrepreneur Dong Tuan Vu, has quietly made its mark on the hydroelectric sector, in addition to establishing itself as a key player in the steel industry.

Companies - Mon, December 9, 2024 | 5:14 pm GMT+7

Greenwell Energy Canada seeks to supply LNG for Vietnam

Greenwell Energy Canada seeks to supply LNG for Vietnam

Greenwell Energy (Canada), under the United States-based Greenwell Energy, plans to build an LNG terminal in Vietnam’s central province of Thanh Hoa to supply LNG in the country.

Energy - Mon, December 9, 2024 | 4:21 pm GMT+7

Amkor Technology’s $1.6 bln project in Vietnam needs 2,800 workers

Amkor Technology’s $1.6 bln project in Vietnam needs 2,800 workers

The $1.6 billion project of U.S.-headquartered semiconductor giant Amkor Technology in Vietnam is set to have a labor demand of 2,800 during stable operations, according to a recent project report.

Companies - Mon, December 9, 2024 | 3:30 pm GMT+7

Revenues of LG Electronics’ Vietnam factories up 24% to $6 bln in Jan-Sept

Revenues of LG Electronics’ Vietnam factories up 24% to $6 bln in Jan-Sept

LG Electronics’ factories in Vietnam, LG Innotek Vietnam Hai Phong and LG Electronics Vietnam Hai Phong, recorded a total revenue of KRW8,532 billion ($6.02 billion) in the first nine months of 2024, up 24% year-on-year.

Companies - Mon, December 9, 2024 | 10:55 am GMT+7

Leading Vietnamese insurer Bao Minh lowers profit, dividend targets due to typhoon

Leading Vietnamese insurer Bao Minh lowers profit, dividend targets due to typhoon

Vietnam’s Bao Minh Insurance Corporation has revised its profit and dividend targets for 2024 following the increased compensation costs stemming from super typhoon Yagi, which severely impacted the northern region.

Finance - Mon, December 9, 2024 | 10:29 am GMT+7

Foreign capital flow key indicator for Vietnam stock market: expert

Foreign capital flow key indicator for Vietnam stock market: expert

Foreign net buying/selling in the coming period will be a crucial indicator for Vietnam’s benchmark VN-Index, as foreign investors play a significant role in shaping market sentiment, according to Yuanta Vietnam Securities JSC's chief analyst.

Finance - Mon, December 9, 2024 | 9:38 am GMT+7

Vietnam's rice exports reach a record high

Vietnam's rice exports reach a record high

Vietnam’s rice exports achieved a record-breaking $5.3 billion revenue in the first 11 months of the year, up 22.4% year-on-year and 10.8% against the whole 2023.

Economy - Mon, December 9, 2024 | 8:00 am GMT+7

Southernmost Ca Mau province moves to better tap eco-tourism strengths

Southernmost Ca Mau province moves to better tap eco-tourism strengths

The Ca Mau World Biosphere Reserve, which includes the Ca Mau National Park, the U Minh Ha National Park, and the coastal protective forests, not only offers substantial economic benefits but also provides a clean environment that can provide many attractive ecological tourism experiences for visitors.

Travel - Sun, December 8, 2024 | 8:16 pm GMT+7

Vietnamese firms face numerous barriers in green transformation

Vietnamese firms face numerous barriers in green transformation

Enterprises require significant capital to invest in machinery and production processes to embrace green transformation, says Nguyen Quoc Anh, chairman of the Ho Chi Minh City Rubber-Plastic Association.

Companies - Sun, December 8, 2024 | 8:06 pm GMT+7

Vietnamese carmaker VinFast starts work on fifth EV plant project

Vietnamese carmaker VinFast starts work on fifth EV plant project

Vietnamese startup automaker VinFast on Sunday kicked off an electric vehicle (EV) plant project in the central province of Ha Tinh - its second in Vietnam and fifth globally.

Industries - Sun, December 8, 2024 | 4:00 pm GMT+7

Vietnam poised to achieve 15% credit growth target: central bank

Vietnam poised to achieve 15% credit growth target: central bank

Vietnam is on track to meet its 2024 credit growth target of 15%, with credit expansion reaching 12.5% as of Saturday, according to Dao Minh Tu, State Bank of Vietnam (SBV) Deputy Governor.

Economy - Sun, December 8, 2024 | 10:42 am GMT+7

Thailand loosens EV production regulations

Thailand loosens EV production regulations

Thailand’s Board of Investment (BoI) has announced that the government would extend deadlines for electric vehicle (EV) manufacturers to meet domestic production quotas, addressing weak local market demand.

Southeast Asia - Sun, December 8, 2024 | 10:09 am GMT+7