State President Truong Tan Sang emphasized this during June 8 talks with his Armenian counterpart Serzh Sargsyan in Hanoi.
President Sang spoke highly of Mr Sargsyan’s visit, saying it marks a milestone in the development of the traditional Vietnam-Armenia relationship, especially as the two countries are celebrating the 20th anniversary of diplomatic ties.
He expressed his delight at Armenia’s achievements in socio-political stability and economic development which has reaffirmed the country’s status in the international arena.
President Sargsyan said he is pleased to visit Vietnam for the first time and spoke highly of Vietnam’s achievements in its Renewal (Doi Moi) process and its increasing role in the region and the world.
Both host and guest informed each other about their countries’ situation and discussed bilateral relations and international issues of mutual concern.
They said the two countries should consolidate and nurture their traditional relations, which are an invaluable asset and a firm foundation for their development.
They agreed to promote the exchange of delegations at all levels, especially at high-ranking levels, and foster ties between ministries, agencies, and localities, thus increasing mutual trust and understanding and facilitating cooperation in economics, trade, and investment.
Both Presidents discussed ways to strengthen economic ties between the two countries by signing agreements, establishing an inter-governmental platform for economic, trade, scientific and technological cooperation, and boosting trade promotion and exchanges between businesses to make the bilateral relations more dynamic and effective.
They also agreed to restore cooperation in education-training and enhance cultural exchange between the two peoples, considering these important factors for developing Vietnam-Armenia relations in the new context.
President Truong Tan Sang thanked Armenia for supporting Vietnam's nomination to the United Nations' Human Rights Council in the 2014-2016 tenure.
After the talks, both Presidents witnessed the signing of cooperation agreements in economics, trade, science-technology, visa exemption for diplomatic and official passport holders, and one on cooperation between the two foreign ministries.
They also met with the media to announce the results of the talks.
On the same day, President Sargsyan was received by Prime Minister Nguyen Tan Dung, who reaffirmed that the Vietnamese government will actively implement cooperation agreements to foster the relations in the future.
Saying that cooperation in economics, trade, and investment is not on par with its potential, PM Dung proposed completing a legal framework for enhancing ties and increasing two-way trade.
He also wanted both sides to work together closely and support each other in international forums, especially the UN.
President Sargsyan expressed his admiration for Vietnam’s recent achievements in all fields and the development of Vietnam-Armenia bilateral relations.
He said Armenia attaches importance to strengthening multifaceted cooperation with the Southeast Asian nation and proposed establishing an inter-governmental committee to encourage business investment between the two countries.