PM proposes Vietnam-China’s upgrade of border gate infrastructure

By Vietnam News
Tue, June 25, 2024 | 7:42 am GMT+7

Prime Minister Pham Minh Chinh proposed Vietnam and China continue cooperating to improve customs clearance efficiency, upgrade border gate infrastructure, and study smart border gates, while holding talks with Chinese Premier Li Qiang in Dalian city, China’s Liaoning province on Monday.

Vietnamese Prime Minister Pham Minh Chinh (left) meets with Chinese Premier Li Qiang in Dalian City, China’s Liaoning Province on June 25, 2024. Photo by Vietnam News Agency.

Vietnamese Prime Minister Pham Minh Chinh (left) meets with Chinese Premier Li Qiang in Dalian City, China’s Liaoning Province on June 25, 2024. Photo by Vietnam News Agency.

The two leaders kept each other updated on the situation of each Party and each country, especially firming up the achievements and high-level common perceptions reached during the historic visits of Party General Secretary Nguyen Phu Trong in 2022 and Party General Secretary and President of China Xi Jinping in 2023.

Looking back at the bilateral cooperation, the two agreed that there have been numerous notable developments and the political trust in the relationship between the two parties and their respective countries has been strengthened. Various new cooperation mechanisms in important fields have been established. Strategic connections, especially traffic connections, have been boosted.

Both leaders conveyed their happiness with the bilateral trade cooperation, pointing out that Chinese investment in Vietnam has expanded significantly, tourism has rebounded and local-to-local cooperation and people-to-people exchanges are strong.

PM Chinh affirmed that Vietnam considers developing relations with China an objective requirement, strategic choice and top priority in its foreign policy of independence, self-reliance, multilateralisation and diversification.

Prime Minister Li Qiang emphasised that China prioritises Vietnam in its comprehensive foreign policy towards its neighbours and supports Vietnam in its efforts to modernise, industrialise the country and uphold its role in the international community.

The two sides pledged to promote the effective implementation of the Vietnam-China Joint Declaration on continuing, deepening and elevating the comprehensive strategic cooperative partnership and building a Vietnam-China community with a shared future that carries strategic significance.

They agreed to expand cooperation in key areas such as diplomacy, national defence and security and build a land border of peace, stability, cooperation and development.

The two leaders also agreed to control disagreements, maintain peace and stability at sea, while strengthening coordination at international and regional forums.

Chinh proposed the two sides accelerate transport infrastructure connection, especially research to promote the construction of standard gauge railways such as Lao Cai-Hanoi-Hai Phong, Lang Son-Hanoi and Mong Cai-Ha Long-Hai Phong lines.

The Vietnamese PM expressed his wish that Vietnam and China will soon sign the protocol and complete market opening procedures for Vietnamese frozen durian and fresh coconut.

He also hoped China will open markets for other Vietnamese agricultural and aquatic products, including citrus fruits, avocados, custard apples, passion fruit, livestock and poultry.

Chinh proposed deepening cooperation in finance, banking, science, technology, education, culture, tourism, digital transformation and hi-tech agriculture.

Chinese Premier Li Qiang affirmed his readiness to deepen the Vietnam-China comprehensive strategic cooperative partnership.

He said China will further open the market for Vietnamese goods, especially Vietnamese agricultural and aquatic products and high-quality fruits, as well as create favourable conditions for quarantine and customs clearance of goods.

China is ready to coordinate on promoting the resolution of institutional and policy barriers, so that the two countries' trade relations continue to grow sustainably and achieve new results, he said.

The Chinese leader proposed the two countries strengthen strategic connections, especially in infrastructure and transportation, economy, trade and investment, especially in production, manufacturing, agriculture, maintaining supply chains and production chains, and vocational training.

He hoped the two countries will make their partnership increasingly effective and substantive, reaching the new level.

The PMs also compared notes on maritime issues, and shared the view on the importance of managing disagreements and maintenance of peace and stability in the East Sea (known internationally as the South China Sea).

PM Chinh proposed the two sides strictly implement the agreement on basic principles guiding the settlement of sea-related issues, respect international law, especially the 1982 United Nations Convention on the Law of the Sea (UNCLOS), and respect each other's lawful rights and interests.

He recommended that both parties work to improve the efficacy of maritime negotiation mechanisms, appropriately address the issue of fishing boats, and maintain effective situational control at sea.

The Vietnamese government leader affirmed support for China to promote its increasingly important and active role in the region and the world, suggesting that the two sides strengthen coordination and cooperation at regional and international forums, especially within the framework of the World Trade Organisation, APEC, ASEM and ASEAN.

Comments (0)
  • Read More
Termination of feed-in-tariff mechanism a major bottleneck in Vietnam’s electricity transition: expert

Termination of feed-in-tariff mechanism a major bottleneck in Vietnam’s electricity transition: expert

A major bottleneck in Vietnam’s electricity transition has been the termination of the feed-in-tariff (FIT) mechanism in 2021, with no suitable replacement mechanism in place, according to the director of Hanoi-based Institute of Energy Technology.

Economy - Mon, June 2, 2025 | 4:56 pm GMT+7

Vietnam Vaccine JSC launches high-quality healthcare shop chain

Vietnam Vaccine JSC launches high-quality healthcare shop chain

Vietnam Vaccine JSC (VNVC), well known for its vacciation services, on Saturday launched its VNVC Shop, a chain offering safe, high-quality healthcare products from globally recognized brands.

Companies - Mon, June 2, 2025 | 4:05 pm GMT+7

Vietnam heavyweight PV Gas plans $3 bln investment over next 5 years

Vietnam heavyweight PV Gas plans $3 bln investment over next 5 years

PV Gas, a subsidiary of state-owned giant Petrovietnam, plans to make "strong investment" over the next five years in areas such as infrastructure and import-distribution of LNG.

Energy - Mon, June 2, 2025 | 2:01 pm GMT+7

Vietnam sees renewed output expansion, improved business confidence in May: S&P Global

Vietnam sees renewed output expansion, improved business confidence in May: S&P Global

May saw a more stable picture in terms of U.S. tariff policies than April, helping lead to a renewed expansion in output and improved business confidence, says Andrew Harker, economics director at S&P Global Market Intelligence.

Economy - Mon, June 2, 2025 | 9:18 am GMT+7

Vietnam considers developing 2 inter-regional renewable energy service and industry hubs

Vietnam considers developing 2 inter-regional renewable energy service and industry hubs

The Ministry of Industry and Trade (MoIT) has proposed building two inter-regional renewable energy service and industry hubs in the country.

Economy - Mon, June 2, 2025 | 8:00 am GMT+7

Investors advised to take profits from stocks having risen sharply

Investors advised to take profits from stocks having risen sharply

Investors should maintain a balanced stock allocation in their portfolios and consider buying opportunities if the VN-Index retreats to the 1,300-1,320 point range, say market experts.

Finance - Sun, June 1, 2025 | 8:10 pm GMT+7

Shares of Vietnam's leading jewelry maker PNJ jump over 30% ahead of gold inspection report

Shares of Vietnam's leading jewelry maker PNJ jump over 30% ahead of gold inspection report

Shares of Phu Nhuan Jewelry JSC (PNJ), a leading jewelry producer in Vietnam, rallied sharply ahead of the central bank’s Friday release of its gold market inspection findings.

Companies - Sun, June 1, 2025 | 1:14 pm GMT+7

Vietnamese firm takes over 40-year-old Pierre Cardin shoe chain in Thailand

Vietnamese firm takes over 40-year-old Pierre Cardin shoe chain in Thailand

Emall Vietnam, which owns a network of 100 high-end business shoe stores under the Pierre Cardin and Oscar brands in Vietnam, has taken over the entire Pierre Cardin shoe system in Thailand.

Companies - Sun, June 1, 2025 | 10:29 am GMT+7

Southern Vietnam province Ba Ria-Vung Tau okays 53 projects

Southern Vietnam province Ba Ria-Vung Tau okays 53 projects

Ba Ria-Vung Tau authorities on Friday granted in-principle approvals or investment registration certificates for 53 projects, including a green light for a $400 million investment capital hike of the $5.4 billion Long Son Petrochemicals Complex.

Industries - Sun, June 1, 2025 | 8:00 am GMT+7

Who to receive over 97 mln ESOP shares from Vietnam's leading developer Novaland 

Who to receive over 97 mln ESOP shares from Vietnam's leading developer Novaland 

Novaland, a major real estate developer in Vietnam, will simultaneously implement plans to issue bonus shares and offer ESOP (employee stock ownership plan) shares, with a total issuance rate of 5%, equivalent to more than 97 million units.

Companies - Sat, May 31, 2025 | 11:09 pm GMT+7

Vietnam billionaire Pham Nhat Vuong to contribute 48 mln Vingroup shares to VinSpeed

Vietnam billionaire Pham Nhat Vuong to contribute 48 mln Vingroup shares to VinSpeed

Billionaire Pham Nhat Vuong has registered to transfer more than 48 million Vingroup (VIC) shares to the newly-established VinSpeed that registered to build the North-South high-speed railway project.

Companies - Sat, May 31, 2025 | 7:14 pm GMT+7

Two investors propose $65 mln wind power project in central Vietnam

Two investors propose $65 mln wind power project in central Vietnam

A consortium of Quang Tri Renewable Energy Investment JSC and Win Power Holding Pte Ltd, and Nam Binh Wind Power JSC have submitted an application to implement a 48-megawatt wind power plant in the central province of Quang Tri.

Energy - Sat, May 31, 2025 | 3:10 pm GMT+7

Central Vietnam city seeks investors for $209 mln LNG, LPG terminal project

Central Vietnam city seeks investors for $209 mln LNG, LPG terminal project

The central city of Danang is calling for investment in an LNG and LPG terminal project worth over VND5.43 trillion ($208.7 million).

Infrastructure - Sat, May 31, 2025 | 10:52 am GMT+7

Thai-backed food giant C.P. Vietnam rejects pork safety accusations 

Thai-backed food giant C.P. Vietnam rejects pork safety accusations 

C.P. Vietnam, a subsidiary of Thailand’s food giant Charoen Pokphand Foods Public Company Limited (CPF), has dismissed social media allegations of selling diseased pork, calling them fabricated and false.

Companies - Sat, May 31, 2025 | 8:54 am GMT+7

Oman Investment Authority to expand investment fund in Vietnam

Oman Investment Authority to expand investment fund in Vietnam

Prime Minister Pham Minh Chinh has proposed Oman to enlarge the Vietnam-Oman Investment Fund (VOI) to $1 billion to better cater for the Southeast Asian country's investment needs.

Economy - Fri, May 30, 2025 | 11:26 pm GMT+7

Japanese retailer Aeon to build 2-hectare mall in Vietnam’s Mekong Delta

Japanese retailer Aeon to build 2-hectare mall in Vietnam’s Mekong Delta

Retail giant Aeon will develop a 2-hectare mall in the Mekong Delta province of Tien Giang, with an estimated investment of VND1.16 trillion ($44.6 million).

Industries - Fri, May 30, 2025 | 4:44 pm GMT+7