At the invitation of General Secretary of the Central Committee of the Communist Party of China and President Xi Jinping, General Secretary of the Central Committee of the Communist Party of Vietnam Nguyen Phu Trong paid an official visit to China from October 30 to November 2. Xu Ningning, executive chairman of the China-ASEAN Business Council and chairman of the RCEP Industrial Cooperation Committee, said in an exclusive interview with reporters that he looks forward to the complete success of the visit, injecting new impetus into the stable and long-term economic and trade relations between the two countries, and promoting the further development of the friendly relations between the two countries .
China and Vietnam are close economic and trade partners. ASEAN is China's largest trading partner in the past three years. Vietnam is China's largest trading partner in ASEAN and the sixth largest trading partner in the world. China's investment in Vietnam is mainly concentrated in processing and manufacturing industries, especially electronics, mobile phones, computers, and textiles. Clothing, mechanical equipment and other industries. "The close economic and trade cooperation comes from the common development needs and conforms to the respective national interests of the two countries. It also comes from the cooperation between the enterprises of the two countries to jointly seize the new opportunities brought by the regional open market." Xu Ningning said.
In the face of a series of challenges such as the increasing instability of the global economy and the inconvenience caused by the new crown epidemic to economic and trade exchanges, China and Vietnam have continuously deepened their economic and trade cooperation and achieved obvious results. "China-Vietnam economic and trade cooperation has played an important role in promoting the consolidation and development of the comprehensive strategic cooperative partnership between the two countries. Economic and trade cooperation has also continuously expanded the common economic interests of the two countries and benefited the people's livelihood, helping to consolidate the development of bilateral relations." Xu Ningning said.
China and Vietnam are connected by mountains and rivers, and the economy and trade are highly complementary. Chinese enterprises have expressed concern about Vietnam's investment environment. In recent years, more and more Chinese enterprises have asked the China-ASEAN Business Council about Vietnam's business environment and investment policies. Through many meetings, the China-ASEAN Business Council analyzes Vietnam's investment environment and business opportunities with Chinese companies.
"In recent years, under the guidance of the leaders of the two countries, the two governments have reached a series of cooperation consensus, and the relationship between the two countries has continuously achieved new development, creating favorable conditions for Chinese enterprises to enter Vietnam." Xu Ningning paid attention to the investment environment in Vietnam in recent years He believes that Vietnam has provided favorable conditions for Chinese enterprises to invest in Vietnam by improving administrative efficiency, improving relevant investment laws and regulations, fighting corruption and promoting integrity, and continuously developing economic and trade cooperation with many countries in the world.
"Both China and Vietnam are committed to open development. Faced with today's increasingly severe international political situation and global economic situation, the two countries should enhance mutual trust, cooperate and develop, improve the investment environment, and not restrict cooperation because of opinions that are not conducive to cooperation." Xu Ningning express.
In the first nine months of this year, Vietnam's economic growth rate reached 6.5%. The Vietnamese government predicts that Vietnam's economy will grow by 8% this year and 6.5% in 2023. Vietnam's economic growth rate is expected to rank first in ASEAN this year. In recent years, the Vietnamese government has attached great importance to the development of green economy and digital economy, promulgated a series of development strategies, policy measures and action plans, encouraged enterprises to accelerate green transformation, supported the development and utilization of renewable energy and new energy, and actively carried out international cooperation on green and low-carbon growth. Promote digital platform development and infrastructure construction. In addition, Vietnam has signed 15 free trade agreements, including the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP), the Vietnam-EU Free Trade Agreement, the Vietnam-Eurasian Economic Union Free Trade Agreement and the Regional Comprehensive Economic Partnership Agreement (RCEP). Xu Ningning said that relevant factors have created good conditions for Chinese companies to invest in the appointment.
Xu Ningning put forward four suggestions for deepening China-Vietnam economic and trade cooperation. The first is to clarify goals, expand consensus, and strengthen measures. The second is to focus on jointly responding to increasingly severe and increasing international challenges. The two countries should actively connect with each other in various fields and relevant industries, and coordinate and cooperate to implement countermeasures. The third is to fully seize the new opportunities brought about by the opening of the RCEP market. The effective implementation of RCEP should be taken as an opportunity to actively create a new industrial chain with complementary advantages, and promote industrial structure optimization and industrial upgrading through industrial cooperation. The fourth is to jointly promote the further upgrade of the China-ASEAN Free Trade Agreement. The two countries will strengthen close communication and consultation in this regard, and will fully exploit the economic and trade complementarities between the two sides, and promote the comprehensive strategic partnership between the two countries through the development of economic and trade cooperation.
