PM Pham Minh Chinh to attend Greater Mekong Subregion Summit in China
VOV.VN - Prime Minister Pham Minh Chinh will attend the eighth Greater Mekong Subregion (GMS) Summit and other meetings in Kunming, China’s Yunnan province, from November 5 to 8, according to the Ministry of Foreign Affairs.
The other meetings are the 10th Ayeyawady - Chao Phraya - Mekong Economic Cooperation Strategy (ACMECS) Summit and the 11th Cambodia-Laos-Myanmar-Vietnam Cooperation Summit.
Chinh will also engage in working sessions in China.
The invitation has been extended by Chinese Premier Li Qiang, the Ministry of Foreign Affairs said in a press communique on November 3.
The Greater Mekong Subregion (GMS) Summit is an important conference aimed at strengthening economic cooperation and sustainable development in the region. Supported by the Asian Development Bank, the GMS initiative includes six countries, namely Cambodia, Laos, Myanmar, Thailand, Vietnam, and China (specifically the Yunnan and Guangxi provinces).
The objective of GMS is to promote economic growth, reduce poverty, and create development opportunities through cross-country cooperation in critical areas such as infrastructure, energy, trade, and the environment.
China has consistently been Vietnam’s largest trading partner and its second-largest export market. In turn, Vietnam is China’s largest trading partner within ASEAN and its fifth largest trading partner globally.
In 2023, the total trade turnover between the two countries reached US$171.9 billion. Trade volume in the first eight months of 2024 amounted to US$130.78 billion, marking a 25% increase year on year.
