Boosting the Comprehensive Strategic Cooperative Partnership between Vietnam – China
Updated at Sunday, 12 Nov 2017, 10:12
The Hanoitimes - The State visit of the General Secretary of the Communist Party of China and President Xi Jinping has an important meaning to the relation Vietnam – China.
Upon the visit of the General Secretary of the Communist Party of Vietnam Nguyen Phu Trong and the Vietnamese President Tran Dai Quang, the General Secretary of the Communist Party of China and President Xi Jinping will officially visit Vietnam from November 12 – 13, 2017.
The state visit to Vietnam of the General Secretary of the Communist Party of China and President Xi Jinping is taking place when the the relation between the two countries is on active trend, as reflected through regular meetings between senior leaders of the two coutnries. In previous visits of the General Secretary Nguyen Phu Trong (January 2017), the Vietnamese President Tran Dai Quang (May 2017) and the Prime Minister Nguyen Xuan Phuc (September 2016), leaders of both countries have agreed to continue boosting the comprehensive strategic cooperative partnership between Vietnam – China. The two countries have also stepped up partnerships in other areas like agriculture, water resources, environment, science-technology, transport, culture, sports, education, health care and people-to-people exchange.
General Secretary of the Communist Party of Vietnam Nguyen Phu Trong and General Secretary of the Communist Party of China and President Xi Jinping.
The State visit of the General Secretary of the Communist Party of China and President Xi Jinping has an important meaning to the relation Vietnam – China. Vietnam consistently places importance on developing the stable and long-term relationship with China, on the basis of mutual respect, mutual benefit, and equality; supporting China sustainable development, and realizing its active role and responsibilities in maintaining peace, stability and facilitating cooperation and development in region and in the world.
The Vietnamese President Tran Dai Quang and the General Secretary of the Communist Party of China and President Xi Jinping.
Both two countries leaders agreed to continue to implement the Declaration on the Conduct of Parties in the East Sea (DOC) comprehensively and effectively, soon reach a Code of Conduct in the East Sea (COC), manage conflicts at sea, take no actions that complicate and expand the disputes, and maintain peace and stability in the waters.
As a spotlight in the relation between Vietnam and China, Vietnam has become China’s top trade and tourism partner in the Association of Southeast Asian Nations (ASEAN). Two-way trade value expanded from 32 million USD in 1991 to 70.5 billion USD in 2016. The figure reached 55.23 billion USD in the first eight months of this year, with Vietnam’s trade deficit with China standing at 17.77 billion USD, down 5.4 percent year-on-year. Vietnam welcomed 2.7 million Chinese tourists in 2016 and 2.65 million Chinese holiday-makers in January-August, 2017. As of August 2017, China has invested in 1,727 projects valued at 11.93 billion USD in Vietnam. In the first eight months of this year, China became Vietnam’s fourth largest investor with total registered capital of 1.6 billion USD.
In that context, Xi’s Vietnam visit aims to maintain the exchange of high-level delegations, enhance cooperation between the two Parties and States, intensify strategic exchanges and increase political trust between the two sides. It is also set to improve the efficiency of cooperation in economy, trade and investment between the two countries and consolidate high-level common perceptions on well managing differences and protecting peace and stability in the East Sea, for peace, stability, cooperation and development in the region and the world at large.