On 24 November 2015, ASEAN-China Centre (ACC) Secretary-General H.E. Mme. Yang Xiuping met with H.E. Mr. Nguyen Cam Tu, Vice Minister of the Ministry of Industry and Trade of Viet Nam in Hanoi, Viet Nam. Mr. To Ngoc Son, Deputy Director-General of Aisa-Pacific Market Department of the Ministry of Industry and Trade of Viet Nam, and Mr. Rong Weidong, Vice President of China Chamber of Commerce for Import and Export of Food staffs, Native Produce and Animal By-Products also attended the meeting.
Secretary-General Yang said that China and Viet Nam’s economies were complementary so that they had natural advantages in cooperation. China had been the largest trading partner for Viet Nam for 11 consecutive years, and Viet Nam had become the second largest trading partner. According to the Chinese Customs, the bilateral trade in 2014 reached 83.6 billion USD, an increase of 27.7% from the previous year. The trade volume was 11 times increased from the past ten years. From January to September 2015, the bilateral trade volume reached 64.1 billion USD, an increase of 12% from last year. During Chinese President Xi Jinping’s state visit to Viet Nam early this month, the two sides published the Joint Statement, which clearly stated that the two countries should strengthen the matching of each others' national strategy, promote the construction of trans-boundary economic cooperation zones and enhance the cooperation between the enterprises of both sides.
Secretary-General Yang briefed on ACC’s mandate, remarking that ACC was committed to promoting the functional cooperation in the areas of trade, investment, culture, education and tourism, and had achieved fruitful results. By organizing the investment mission to Viet Nam, ACC would like to provide a platform for the agricultural enterprises of both sides, and help them to match and explore opportunities of cooperation. ACC would like to keep in close touch with the Ministry of Industry and Trade, to seize the development opportunity and work for a better future together.
Vice Minister Nguyen Cam Tu highly commended the investment mission organized by ACC and its other work. He mentioned that since the establishment of ASEAN-China FTA, Viet Nam-China and ASEAN-China trade relations had been developing fast, bringing tangible benefits to the people of both sides. The day before yesterday, Chinese Premier Li Keqiang and ten ASEAN leaders signed the Protocol to upgrade CAFTA, meaning that the upgrading version of CAFTA was fully completed, and would further advance the regional trade and investment liberalization and facilitation. The Ministry of Industry and Trade of Viet Nam would like to actively participated in ASEAN-China cooperation, and contribute to the deepened and sustainable development of ASEAN-China relations.
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