Vietnam PM stresses importance of large-scale, symbolic projects by China in meeting with top Chinese leader
Prime Minister Pham Minh Chinh called on Vietnam and China to enhance the quality and effectiveness of practical cooperation, particularly in railway development, and prioritize credit arrangements, technology transfer, and workforce training.
Chinh made the suggestion at a meeting in Hanoi on Monday with China's Party General Secretary and President Xi Jinping who is making his two-day state visit to Vietnam.
The Vietnamese cabinet leader proposed the early signing of an ODA loan agreement to commence construction of the Lao Cai-Hanoi-Hai Phong railway in 2025, alongside advancing other key routes such as Dong Dang-Hanoi and Mong Cai-Ha Long-Hai Phong.
He urged for balanced and sustainable trade growth, suggesting China facilitate greater market access for Vietnamese agricultural products and other goods.
Chinh also called for an accelerated partnership in developing new productive forces, with a primary focus on sci-tech, innovation, and digital transformation.
He stressed the importance of launching large-scale, symbolic projects in Vietnam, creating new benchmarks in environmental and financial cooperation, deepening collaboration in culture, education, tourism, and aviation, while enhancing exchanges and coordination within multilateral frameworks.
China's Party General Secretary and President of China Xi Jinping (left) and Vietnam's Prime Minister Pham Minh Chinh. Photo courtesy of Vietnam News Agency.
PM Chinh expressed appreciation for Xi’s four visits to Vietnam in his capacity as Party General Secretary and President of China, believing that this historic milestone will provide strategic direction and fresh impetus to further foster ties between the two Parties and countries.
He congratulated China on achieving its first centenary goal, highlighting the country’s rapid post-Covid recovery, substantial contributions to global economic growth, and breakthroughs in key technologies. He voiced confidence that the Chinese Party, State, and people will successfully realise their second centenary goal.
Highlighting Vietnam’s recent socio-economic progress, Chinh reaffirmed the nation’s commitment to its “three strategic breakthroughs” and “strategic quartet” approach, which prioritize advancements in sci-tech, a lean and efficient administrative system, private sector growth, and an independent, self-reliant, globally integrated economy.
Vietnam consistently considers the development of relations with China an objective requirement, a strategic choice, and a top priority, he said, adding that Vietnam is determined to advance the building of a Vietnam-China community with a shared future that carries strategic significance.
To nurture bilateral ties, PM Chinh proposed strengthening political trust to guide overall relations, maintaining regular exchanges between top Party and State leaders, and institutionalizing contacts between the two PMs. He advocated for enhanced national defence-security cooperation as a cornerstone of the relationship and called for mutual support within multilateral frameworks.
The Vietnamese PM also proposed the two sides continuing to build a boderline of peace, friendship, cooperation and development, and maintain peace and stability at sea, creating a favourable environment for the development of each country.
He emphasized the need to adhere to high-level common perceptions, effectively manage and appropriately resolve disagreements in the spirit of friendship and mutual respect, in accordance with international law, including the1982 United Nations Convention on the Law of the Sea (UNCLOS).
In response, Party chief and President Xi Jinping expressed his joy to choose Vietnam as the first destination for his overseas visit in 2025, saying that this decision fully demonstrates the high regard the Chinese Party and Government for the China-Vietnam relations and the friendship between the two countries' people.
Showing his impression of the strong momentum of Vietnam's Doi moi (Reform) process, Xi congratulated Vietnam on its significant achievements in socio-economic development, particularly its high and stable economic growth. He also wished Vietnam success in organizing the 14th National Party Congress, ushering the country into an era of prosperity and growth.
The Chinese leader affirmed that the Party and Government of China are committed to a friendship policy towards Vietnam, and always consider Vietnam a priority in their neighbouring diplomacy.
He reiterated China's firm support for Vietnam's path of socialism, tailored to its specific circumstances, stating that China stands ready to work with Vietnam to build a community with a shared future between the two countries, guided by the six major orientations, contributing to the advancement of humanity.
He expressed his pleasure at the positive results achieved during his talks with Vietnam's Party General Secretary To Lam, noting that the two sides also signed over 40 cooperation agreements, covering substantial and comprehensive areas, which generated many fruitful outcomes for the visit.
Xi praised PM Chinh for his important contributions to promoting cooperation across areas between the two countries.
He highly valued Chinh’s proposals for strengthening relations between the two parties and countries, expressing his hope that the two sides will make full use of existing exchange mechanisms, especially the Steering Committee for bilateral cooperation; collaboration in the party, government, and parliament channels, as well as among key ministries such as the Ministries of Foreign Affairs, Defence, and Public Security.
The two sides should seize development opportunities in science and technology, leverage the geographical proximity between the two countries to tap into economic cooperation potential, and actively promote railway cooperation mechanism.
Xi affirmed that China is willing to expand the import of Vietnamese agricultural products and encourage Chinese enterprises to increase high-quality investment in Vietnam.
He suggested the two sides effectively organize activities within the framework of the the Year of China-Vietnam Humanistic Exchange 2025, launch tourism routes, and strengthen cooperation in education and healthcare to bring tangible benefits to the two nations’ people.
He also called on relevant ministries and sectors of the two countries to actively implement cooperation projects, properly manage differences based on high-level common perceptions, and promote cooperation at sea, and jointly maintain peace and stability in the region and the world
- Read More
VN-Index approaches 1,800-point mark as easing Middle East tensions lift sentiment
Vietnam's benchmark VN-Index edged closer to the 1,800-point threshold on Monday as improving sentiment over easing tensions in the Middle East boosted risk appetite, driving gains in brokerage stocks while oil and Vingroup-related stocks weighed on the market.
Finance - Mon, June 15, 2026 | 8:34 pm GMT+7
Japanese products dominate Vietnamese consumer trust, but younger shoppers rewriting rules
Japanese products continue to enjoy the highest level of trust among Vietnamese consumers, reinforcing the country’s position as the benchmark for quality and reliability in one of Southeast Asia’s fastest-growing consumer markets, according to a new survey by market research firm Q&Me.
Economy - Mon, June 15, 2026 | 6:48 pm GMT+7
VinEnergo ramps up renewable energy push with 4 new subsidiaries
VinEnergo, the energy arm of Vietnamese conglomerate Vingroup, has accelerated its expansion into the power sector, establishing four new subsidiaries within a week as it builds a growing portfolio of renewable energy and infrastructure projects across Vietnam.
Companies - Mon, June 15, 2026 | 4:52 pm GMT+7
Thaco deepens ties with Hyundai Rotem to localize railway manufacturing in Vietnam
Vietnamese conglomerate Thaco and South Korea’s Hyundai Rotem have signed a detailed technology transfer and localization agreement for railway rolling stock production.
Industries - Mon, June 15, 2026 | 4:01 pm GMT+7
UOB Vietnam appoints Pham Hong Hai as deputy country CEO
Singapore's United Overseas Bank (Vietnam) Limited on Monday appointed Pham Hong Hai, former CEO of HSBC Vietnam and later Vietnamese bank OCB, as deputy country CEO, effective immediately.
Banking - Mon, June 15, 2026 | 2:26 pm GMT+7
Shinhan Bank Vietnam launches AI translation desk, strengthening customer experience, digital innovation
Shinhan Bank Vietnam has officially launched AI Translation Desk, an AI-powered interpretation solution designed to help foreign customers communicate more easily while using banking services in Vietnam.
Banking - Mon, June 15, 2026 | 12:03 pm GMT+7
FDI listings a missing piece in Vietnam's stock market development
As Vietnam's stock market moves closer to its long-awaited upgrade to secondary emerging market status and seeks to attract higher-quality capital, allowing more foreign-invested companies to list on domestic exchanges could broaden the pool of investable assets and support the next phase of capital market development.
Finance - Mon, June 15, 2026 | 11:14 am GMT+7
Chinese robot 'eyes' manufacturer builds 10-hectare factory in northern Vietnam
Orbbec Inc., a Chinese company specializing in 3D vision sensors and robotic hardware, is building an over-10-hectare manufacturing center in the northern province of Bac Ninh to serve international markets.
Industries - Mon, June 15, 2026 | 8:00 am GMT+7
Long Thanh airport project faces shortage of 2,000 workers
The Long Thanh International Airport project in the southern province of Dong Nai is still short nearly 2,000 workers compared to actual requirements during its final acceleration phase.
Infrastructure - Sun, June 14, 2026 | 6:08 pm GMT+7
Nghi Son Refinery and Petrochemical Complex turns profitable in Q1 on full-capacity operations
Operating at full capacity, the Nghi Son Refinery and Petrochemical Complex in Vietnam's central province of Thanh Hoa reported its first profit in Q1/2026, marking a significant turnaround after years of losses.
Economy - Sun, June 14, 2026 | 2:45 pm GMT+7
50 years of Gamuda Berhad and its urban development journey in Vietnam
Celebrating 50 years of establishment and growth, Gamuda Berhad – one of Malaysia’s leading infrastructure and urban development groups – has evolved from an infrastructure specialist into an integrated urban developer with a growing presence across Asia.
Real Estate - Sun, June 14, 2026 | 11:21 am GMT+7
Industrials, technology top Vietnamese sectors in M&A transaction volume
Vietnam’s M&A market recorded 24 transactions in May, with industrials, technology and healthcare sectors being the most active sectors in terms of transaction volume, writes Grant Thornton analysts.
Consulting - Sun, June 14, 2026 | 9:00 am GMT+7
Top Vietnamese garment maker Vinatex's H1 profit rises 14%, weak order visibility clouds outlook
Vietnam National Textile and Garment Group (UPCoM: VGT) reported consolidated profit growth of 14.4% in the first half of 2026, driven by a strong recovery in its yarn business, even as weakening global demand and uncertainty over U.S. trade policy cast a shadow over the sector’s outlook.
Companies - Sun, June 14, 2026 | 8:00 am GMT+7
Gamuda Land Vietnam recognized among Top 10 Enterprises Pioneering Green Transformation 2025-2026
Gamuda Land Vietnam has been recognized as one of the “Top 10 Enterprises Pioneering Green Transformation 2025-2026” at the 25th Golden Dragon Awards.
Companies - Sat, June 13, 2026 | 7:45 pm GMT+7
T&T pushes ahead with $97 mln industrial park project, eyes new urban area projects in northern Vietnam
Vietnamese conglomerate T&T Group is seeking to accelerate five projects in Bac Ninh while proposing two new developments in this northern province.
Infrastructure - Sat, June 13, 2026 | 7:09 pm GMT+7
VinFast guns for 300,000 EV deliveries in 2026, spins off manufacturing operations
VinFast, the EV arm of Vietnamese conglomerate Vingroup (HoSE: VIC) targets at least 300,000 electric vehicle deliveries globally this year, up 52% year-on-year, while pursuing a restructuring plan aimed at improving capital efficiency, according to a report by Vietcap Securities.
Companies - Sat, June 13, 2026 | 3:07 pm GMT+7






















