Promoting cooperation between Vietnamese and Chinese localities

Ha highly appreciated Shanghai’s outstanding socio-economic development achievements in recent years, especially in the pilot implementation of new reform policies of China.

He emphasized the important role Shanghai plays in China’s economic development as well as the world economy, noting international trade promotion initiatives such as the CIIE have contributed to promoting global trade growth, digital transformation and green transformation.

The Deputy PM affirmed Vietnam’s consistent policy of strengthening the traditional friendship, neighbourliness and comprehensive cooperation with China which was founded and cultivated by President Ho Chi Minh of Vietnam and President Mao Zedong of China, as well as generations of revolutionary predecessors of the two countries.

The Government of Vietnam always supports and creates conditions for localities of the two countries, including Shanghai, to strengthen mutually beneficial cooperation, he assured his host.

Mayor Gong Zheng warmly welcomed the Vietnamese Government delegation to the sixth CIIE in Shanghai, at a time when the two countries are celebrating 15 years of their comprehensive strategic cooperation partnership.

He briefed his guest on Shanghai’s economic development, with last year’s GDP hitting approximately US$660 billion, ranking fifth on the list of leading cities in the world in terms of economic scale. The city is currently sprucing up construction of five world-class economic, trade, finance, transportation and science - technology centres.

Shanghai is ready to further enhance cooperation with Vietnamese localities, said Gong.

He proposed three key areas of future cooperation, including enhancing sustainable trade exchanges; expanding cooperation in production capacity; and deepening cultural-education cooperation, as well as people-to-people exchanges, especially with the younger generation, contributing to consolidating and continuously promoting the comprehensive strategic cooperation partnerships between the two countries.

Deputy PM Tran Hong Ha welcomed the Mayor’s proposals, and affirmed Vietnamese localities and Shanghai have great potential to expand cooperation.

He proposed that Shanghai closely coordinate with Vietnamese ministries, agencies and localities to concretize the two countries’ high-level common perceptions; maintain regular exchanges; and promote the efficiency of existing cooperation mechanisms, especially between Shanghai and Ho Chi Minh City and some other Vietnamese localities such as Hanoi and Hai Phong.

He stressed the need to maximize the potential and strengths of each side; further improve the effectiveness of economic - trade, investment and tourism cooperation; and facilitate market access for Vietnamese goods to Shanghai.

He also proposed enhancing the sharing and exchange of experiences in urban development and management, innovation, investment attraction, and monetary finance.

Deputy PM Tran Hong Ha is in Shanghai for the sixth China International Import Expo (CIIE) at the invitation of the State Council of the People’s Republic of China and the Organizing Committee of the 6th CIIE. Vietnam is attending the 6th CIIE as an honorary country.

At the November 5-10 expo, the Vietnam pavilion features the nation’s economic achievements and its trade and tourism potential.