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Việt Nam gives top priority to developing ties with China: PM

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Việt Nam gives top priority to developing ties with China: PM​

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Vietnam Politics & Laws
November 12, 2022, 08:27 GMT

VIETNAM, November 12 - PHNOM PENH – Prime Minister Phạm Minh Chính has affirmed that the Vietnamese Party, Government and people always treasure and give top priority to developing the comprehensive strategic cooperative partnership with China.

Meeting Chinese Premier Li Keqiang in Phnom Penh, Cambodia on November 11, PM Chính expressed his belief that under the leadership of the Communist Party of China (CPC) with General Secretary and President Xi Jinping as a nucleus, the Chinese people will accomplish goals and tasks set by the CPC’s 20th National Congress.

Premier Li affirmed that China backs Việt Nam's efforts to build an independent, self-reliant economy that effectively integrates into the world.

The two leaders vowed to continue specifying and turning the Việt Nam-China joint statement on further promoting and deepening the bilateral comprehensive strategic cooperative partnership into specific results, enhance all-level exchanges as well as effective, practical, mutually beneficial cooperation in all fields to bringing practical benefits to the two countries' people.

PM Chính suggested promoting two-way trade in a more balanced manner, especially maintaining smooth trade at border gates to facilitate Việt Nam’s export of farm produce to China as the Lunar New Year holiday is approaching.

He wished both sides would strengthen railway connection, raise the amount of Vietnamese goods transited in China via railway to the third countries, soon approve the opening and upgrading of a number of border gates and traffic connection projects in border areas, improve the quality of investment cooperation and actively tackle difficulties facing some projects such as the second stage of the Thái Nguyên Iron and Steel Plant, Ninh Bình and Hà Bắc Fertiliser Plants.

The leader proposed enhancing the exchange of experience in regulating macro-economy, lifting the level of cooperation in new fields such as digital economy, green economy, workforce training, industrialisation and modernisation, effective response to emerging challenges like food security, water security and climate change.

Agreeing with Chinh’s proposals, Li vowed to cooperate with Việt Nam to deal with deficit, step up healthy trade in win-win spirit, further open the market for Việt Nam’s exports, especially farm produce while preventing the reoccurrence of Vietnamese farm produce overload at border gates.

He suggested two sides jointly maintain supply and production chains and tap strengths of each side to expand the world markets. About existing problems in several joint projects, the Chinese leader expressed willingness to work with Việt Nam and called for establishing a joint working group to deal with them.

China is ready to create conditions for Vietnamese students to return to China and resume commercial flights between the two nations, he said.

Underscoring the importance of maintaining peace and stability in the East Sea, they agreed to satisfactorily handle differences on the basis of equality and cooperation, continue upholding negotiation mechanisms on maritime delimitation and cooperation, fully and effectively implement the Declaration on the Conduct of Parties in the East Sea (DOC), strive to reach a practical, effective and efficient Code of Conduct of Parties in the East Sea (COC) in line with international law, including the 1982 United Nations Convention on the Law of the Sea (UNCLOS), contributing to peace, security, stability and sustainable development in the East Sea and the region. VNS

 
Vietnam do not want repeat the same mistake of siding with a decline Soviet Union in the late 70s and early 80s, thinking they are going to be superpower for next 30 years..

US is in decline and China is poised to take over US role as next sole superpower soon.
 
Western media for years tried to make believe that Vietnam is China's sworn enemy and western media's captive audience strongly believe this crap.
 
Western media for years tried to make believe that Vietnam is China's sworn enemy and western media's captive audience strongly believe this crap.
Yet western media will never bother to report such news in their media. Even if reported, end of their article , they will added in SCS conflict and plenty of spic and sour for this turn of event.
 
Its about time...
US being a cheapo will never beat belt and road initiative. They want other countries to turn against China but without giving any goodies of compensation for turning against China.

I heard rumour Vietnam wants USD24 billion from USA to join their camp. But cheap American can only afford USD 600 million loan. LOL

Vietnam straight away drop the alliance with US, stop US aircraft carrier visit Vietnam and signal friendliness with China... :enjoy:
 
US being a cheapo will never beat belt and road initiative. They want other countries to turn against China but without giving any goodies of compensation for turning against China.

I heard rumour Vietnam wants USD24 billion from USA to join their camp. But cheap American can only afford USD 600 million loan. LOL

Vietnam straight away drop the alliance with US, stop US aircraft carrier visit Vietnam and signal friendliness with China... :enjoy:
Haha, so money talks to Vietnamese.
 
Haha, so money talks to Vietnamese.
of cos, money dont fall from heaven. All your citizens need to have a job to support families or living. This is hard fact.

USA can dominate the world after WWI is becos of their monetary policy and abilities to create wealth for their allies. But their times is over. China beat them at their own game, US is on life support system. :enjoy:
 
The two prime ministers want to reduce the trade deficit between China and Vietnam. I think it's very difficult.

We should be honest. In fact, we all know where the huge trade deficit comes from.

Vietnam imports a lot of goods from China, and then re brands them and exports them to some western countries.

Although this has brought a huge trade deficit between China and Vietnam, it has also brought a huge trade surplus between Vietnam and Western countries. Moreover, vietnam has also obtained a huge increase in exports&imports and a large amount of foreign exchange income.

How can the two countries reduce the trade deficit caused by this trade?

There is no need for Vietnamese to care about this trade deficit.
 
of cos, money dont fall from heaven. All your citizens need to have a job to support families or living. This is hard fact.

USA can dominate the world after WWI is becos of their monetary policy and abilities to create wealth for their allies. But their times is over. China beat them at their own game, US is on life support system. :enjoy:
I am little surprised that the vietnamese will give up their security concerns before economics or money, that is if they think their national security is better served by entering alliance with US against China as their sworn enemy as some Vietnamese like to think on the forum, so they would rather give up such security arrangement with US that they think is their protector against China for the price of 24 billion USD ? Maybe, not all Vietnamese esp those decision makers in Hanoi think to make China their sworn enemy is good for Vietnam in the long run.
 
I am little surprised that the vietnamese will give up their security concerns before economics or money, that is if they think their national security is better served by entering alliance with US against China as their sworn enemy as some Vietnamese like to think on the forum, so they would rather give up such security arrangement with US that they think is their protector against China for the price of 24 billion USD ? Maybe, not all Vietnamese esp those decision makers in Hanoi think to make China their sworn enemy is good for Vietnam in the long run.
What security concern do Vietnam has? China attack Hanoi or Ho Chin Minh City in near future?

Vietnam see the potential of wealth created by Trade. It solved the Vietnam employment problem. The tax collected by VCP thru trade exceed than those oil exploit from SCS. VCP see its not worth fighting over small cake of SCS oil over the huge potential of wealth created by trade.

Look at Japan, a country scarce of mineral resource but it created wealth by trade far exceed Saudi and Russia of their mineral export business.

Will not be surprised SCS issue with Vietnam will be resolved in near future. China is the only hope for developing nation to growth.
 
What security concern do Vietnam has? China attack Hanoi or Ho Chin Minh City in near future?

Vietnam see the potential of wealth created by Trade. It solved the Vietnam employment problem. The tax collected by VCP thru trade exceed than those oil exploit from SCS. VCP see its not worth fighting over small cake of SCS oil over the huge potential of wealth created by trade.

Look at Japan, a country scarce of mineral resource but it created wealth by trade far exceed Saudi and Russia of their mineral export business.

Will not be surprised SCS issue with Vietnam will be resolved in near future. China is the only hope for developing nation to growth.
It has more to do with Vietnmese national psyche, their animosity towards China as perpetuated by their anti-China history education at large. Thats why you see quite a number of Vietnamese on the forum are ardent anti-China members with unjustified or pretended fear of China, fearing China is going to invade their country any time but you questioned, they want alliance with US and Japan against China.
 
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It has more to do with Vietnmese national psyche, their animosity towards China as perpetuated by their anti-China history education at large. Thats why you see quite a number of Vietnamese on the forum are ardent anti-China members with unjustified or pretended fear of China, fearing China is going to invade their country any time but you questioned, they want alliance with US and Japan against China.
They can talk shxt but they cant run away from reality that they need economy growth. This is something western cant give them. Only China can. VCP now are clamping down on anti-China voices.
 
They can talk shxt but they cant run away from reality that they need economy growth. This is something western cant give them. Only China can. VCP now are clamping down on anti-China voices.
Will see what will happen between China and Vietnam, now it's sort of at cross road.
 

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