According to the Hai Phong Economic Zone Management Board, the city hosts 241 Chinese investment projects worth 6 billion USD, representing 23% of total investment in local industrial zones. Major corporations including Flat, Tongwei, and TP Link have established operations in the area.
Prime Minister Pham Minh Chinh’s working sessions in China are expected to contribute to promoting the friendly neighbourliness and the comprehensive strategic cooperative partnership between the two countries as well as the “Vietnam-China Community with a shared future that carries strategic significance” ,making bilateral ties deeper, more comprehensive, and sustainable.
The Ministry of Industry and Trade (MoIT) has agreed on various cooperation mechanisms with Chinese localities alongside with the bilateral free trade agreements and regional and multilateral ones to which they are signatories, helping bolster economic and trade ties between the two most dynamic economies in the region and the world, according to Trinh Minh Anh, Office Chief of the Intersectoral Steering Committee for International Economic Integration.
With their market sizes and complementary strengths, Vietnam and Shandong province of China still have a lot of room to enhance economic and trade cooperation, an official of the Vietnamese Ministry of Industry and Trade (MoIT) said on March 13.
A delegation of China’s Shandong province led by its Vice Governor Song Junji paid a visit to the central city of Da Nang on March 12, which was expected to contribute to enhancing cooperation between the two localities in the time ahead.
Secretary of the Party Committee of Hanoi Dinh Tien Dung received Chinese Ambassador to Vietnam Xiong Bo on April 11, during which the host proposed multi-faceted cooperation between the capital city and Chinese localities.
A conference reviewing cooperation between Vietnamese ministries, localities and Guangdong province of China was held in virtual form on June 29 under the chair of Vietnamese Deputy Foreign Minister Pham Quang Hieu and Guangdong’s Vice Governor Wang Xi.
There are only nine border gates and crossings along the Vietnam-China land border operating after the Lunar New Year festival, causing difficulties for customs clearance for goods, the General Department of Vietnam Customs said.
Ho Chi Minh City always attaches importance to promoting ties with Chinese localities, said Vice Chairman of the municipal City People’s Committee Vo Van Hoan on November 15.
Chairman of Hanoi People’s Committee Nguyen Duc Chung has suggested that China’s Guangdong province encourage more enterprises in Guangdong and other Chinese localities to invest in Hanoi in the coming time.
A conference was held in Ha Long city on September 25 to boost tourism connection between Vietnam’s northern province of Quang Ninh and China’s Guangxi Zhuang Autonomous Region.
Ho Chi Minh City and China’s Guangdong province boast numerous opportunities for cooperation as both share many common interests and hold economic importance to their respective countries.
