According to VNA, with the theme "Strengthening mutually beneficial cooperation, joining hands to create the future", at the seminar, businesses of the two countries discussed each other's potential, strengths, and cooperation needs, in line with the orientations of the two countries and global trends, in the following areas: Development, infrastructure connection; energy cooperation; digital transformation, digital economy; finance and banking.
Chinese enterprises expressed their desire to participate in Vietnam's infrastructure development projects such as railways connecting with China, urban railways, and Vietnam's North-South high-speed railway; cooperate in building smart cities, smart manufacturing, building data centers, developing e-commerce, etc., together with Vietnam for green and sustainable development.
Vietnamese businesses suggested that the two governments continue to facilitate the connection of businesses between the two countries, especially in areas where China has experience and potential and Vietnam has demand. Cooperate and support Vietnamese businesses in finance, science and technology, and management science in infrastructure development, including railways connecting with China.
Prime Minister Pham Minh Chinh said that the cooperation between the two countries has developed well in recent times. However, economic relations are not yet commensurate with the good political and social relations between the two countries. Therefore, the two sides need to further promote economic connectivity, with one of the focuses being business connectivity.
Prime Minister Pham Minh Chinh asked China to support and create conditions for Vietnamese enterprises to participate in the value chain and supply chain of Chinese corporations and enterprises; continue to facilitate the increase of bilateral trade; and expand the import of Vietnamese goods and agricultural and aquatic products.
Prime Minister Li Qiang affirmed that China and Vietnam are good brothers, good partners, trustworthy, and can rely on each other. Informing that economic and trade cooperation has always been the highlight of China-Vietnam cooperation, and also an important driving force to promote the relationship between the two countries, Prime Minister Li Qiang affirmed that China has always been Vietnam's largest trade partner.
Prime Minister Li Qiang also suggested that both sides continuously consolidate and complement each other’s strengths. Each side has its own special strengths in terms of resources and industry structure, and has a need to complement each other in the long term; the two sides have strongly implemented technical and technological cooperation; coordinated the division of labor, promoted, and jointly improved competitiveness in the global value chain and supply chain.
“China has strengths in wind power, solar power, and electric vehicles, which are developing at the top of the world, suitable for Vietnam's energy transition needs. Mutually beneficial cooperation will emerge in these areas," Prime Minister Li Qiang shared.
The Chinese government encourages Chinese enterprises to connect with Vietnamese enterprises, build cross-border production and supply chains; concentrate efforts, enhance creativity, and focus on developing the clean energy sector. Prime Minister Li Qiang believes that economic and trade cooperation between the two countries will achieve greater results in the future.
