The Ministry of Foreign Affairs said that at the invitation of Chief Executive of the Hong Kong Special Administrative Region (China) Lee Ka-chiu, Permanent Deputy Prime Minister Nguyen Hoa Binh led the Vietnamese delegation to attend the 9th Belt and Road Summit held from September 11-12, 2024 in Hong Kong (China).
With the theme “Building a Green, Innovative and Connected Belt and Road Initiative”, the conference focused on exchanging ideas and proposals on expanding trade and investment between countries, promoting green and inclusive growth, connecting transport and logistics infrastructure, financial cooperation and trade in services, people-to-people exchange, science and technology development and innovation.
Permanent Deputy Prime Minister Nguyen Hoa Binh was a special guest of the Conference and delivered an important keynote speech at the opening session. Permanent Deputy Prime Minister highly appreciated the contributions of the Belt and Road Initiative in promoting global economic connectivity and linkages as well as South-South cooperation.
Permanent Deputy Prime Minister emphasized the need to ensure the spirit of equal, open, mutually beneficial cooperation, and compliance with international law in implementing regional and global economic cooperation and linkage initiatives to contribute to the common goal of peace, prosperity, sustainable and inclusive development, bringing a prosperous life to all people.
Permanent Deputy Prime Minister affirmed that Vietnam is an open economy, always upholding multilateralism, respecting international law, supporting and actively participating in many economic cooperation and linkage initiatives, including the Belt and Road Initiative.
The senior leaders of Vietnam and China agreed to promote the connection of the two countries' development strategies, implementing the Cooperation Plan connecting the "Two Corridors, One Belt" framework and the Belt and Road Initiative.
Promoting the complementary strengths between the two economies of Vietnam and Hong Kong (China), Permanent Deputy Prime Minister proposed five priority areas that Hong Kong can contribute to implementing the agreement of the two countries' senior leaders.
The first is to further promote financial cooperation, especially financial services and securities; share experiences in digitalizing the banking sector, building and developing regional and global financial centers, and building a voluntary carbon credit trading market.
The second is to further facilitate trade and circulation of goods, and research and expand regional economic corridors.
Third is to promote high-quality investment, especially expanding investment into new technology fields such as biotechnology, artificial intelligence, semiconductors, renewable energy, and smart cities to serve the digital transformation and green transformation process.
Fourth is to promote infrastructure connectivity, especially developing and connecting border gate and railway infrastructure between Vietnam and China.
Fifth is to promote connection between friendly cities and people-to-people exchanges, facilitate connections between people and businesses on both sides, and promote two-way tourism.
Permanent Deputy Prime Minister asked the business community to continue accompanying Vietnam on the new development path, and affirmed that the Vietnamese Government always cares about and accompanies the business community.
