Vietnam, China target $25 billion in trade

Vietnam and China should strive to reach bilateral trade of $25 billion this year, along with solving a trade imbalance between the two countries.

Deputy Prime Minister Truong Vinh Trong made the remark at a meeting with chairman of the Chinese People’s Political Consultative Conference (CPPCC) Jia Qinglin when the former was in Nanning to attend the seventh China-ASEAN Expo.

Deputy PM Trong also attended the 11th international fair in Chengdu and visited Guangxi, Sichuan and Yunnan provinces from October19-25.

Deputy PM Trong asked the two sides to maintain high-level visits and meetings and promote cooperation in economics, trade, science and technology, tourism, education and culture for mutual benefit.

He also urged the two sides to solve issues left in the two countries’ relations in the spirit of friendship and fraternal comradeship as well as relevant agencies to increase cooperation in rescue on sea.

Vietnam has attached great importance to developing the Vietnam-China strategic and comprehensive cooperative partnership, the Deputy PM said.

CPPCC chairman Jia Qinglin welcomed Deputy PM Trong’s attendance at international fairs and visit to several Chinese localities. He described the visit as Vietnam’s support for China’s hosting international fairs.

Jia spoke highly of Vietnam’s achievements in its renewal process and on its increasing international position, especially when Vietnam holds the ASEAN chair this year.

Addressing an international cooperation forum, part of the international fair in Chengdu, Deputy PM Trong stressed the need to discuss cooperation measures to overcome difficulties from the global financial crisis, and facilitate cooperation in trade, investment and tourism between Vietnam and China’s western regions.

During meetings with leaders of Guangxi, Sichuan and Yunnan provinces, the Deputy PM emphasised the need to promote economic cooperation, trade, culture, education and tourism between localities of the two countries.- VOV

Tags: VIetnam China trade