Economic cooperation continues to be a bright spot in the bilateral relations. China is currently the biggest trade partner of Vietnam, while Vietnam is China’s biggest trade partner in the Association of Southeast Asian Nations (ASEAN).

National Assembly Chairwoman Nguyen Thi Kim Ngan has a meeting with Chinese Party Chief and President Xi Jinping in Beijing. Photo: Trong Duc/VNA The meeting between the Vietnamese top legislator and the Chinese Party Chief and President. Photo: Trong Duc/VNA Chairman of the Standing Committee of the National People's Congress of China Li Zhanshu receives the Vietnamese top legislator. Photo: Trong Duc/VNA Chairman of the Standing Committee of the National People's Congress of China Li Zhanshu holds talks with National Assembly Chairwoman Nguyen Thi Kim Ngan. Photo: Trong Duc/VNA

Two-way trade hit 106.7 billion US dollars in 2018, up 13.8 percent year on year. In the first four months of this year, the turnover reached 33.24 billion US dollars, up nearly 11.6 percent against the same period last year.

At the meeting with National Assembly Chairwoman Nguyen Thi Kim Ngan, Chinese Party Chief and President Xi Jinping said as China and Vietnam are neighbors and have the same ideology so the two nations will coordinate together based on the constructive spirit. The two countries should make every effort to further promote cooperation while restraining and control differences, he said.

As of late May, China had 2,387 valid investment projects in Vietnam with total registered capital of 15.1 billion US dollars, ranking seventh out of 131 nations and territories investing in Vietnam.

During January-April, 1.3 million Chinese tourists visited Vietnam. Each year, over 1 million Vietnamese holidaymakers visited China.

Chairwoman of the National Assembly Nguyen Thi Kim Ngan and Chairman of the Standing Committee of the National People’s Congress of China Li Zhanshu with artists of the two countries on the Vietnamese culture day in China. Photo: Trong Duc/VNA  The two legislative leaders at an art show performed by the two countries’ artists. Photo: Trong Duc/VNA   The two leaders visit the Vietnamese cultural space where photos of Vietnam and its people are displayed. Photo: Trong Duc/VNA The Vietnamese top legislator receives Chairman of the Chinese People's Political Consultative Conference Wang Yang. Photo: Trong Duc/VNA  NA Chairwoman Nguyen Thi Kim Ngan has a reception for Lou Qinjian, Secretary of the Party Committee of Jiangsu province. Photo: Trong Duc/VNA The Vietnamese leader also receives Zhou Naixiang, Secretary of the Party Committee of Suzhou city. Photo: Trong Duc/VNA She also has a reception for Wang Jianping, Executive Chairman of the Board of China Energy Engineering Corp Ltd. Photo: Trong Duc/VNA She receives Cao Debiao, Chairman of the Tien Ying Company in Vietnam. Photo: Trong Duc/VNA NA Chairwoman Ngan and her entourage visit Zhongguancun (China's Silicon Valley) in Beijing. Photo: Trong Duc/VNA  She has a meeting with the Embassy of Vietnam’s staff and Vietnamese people living in China. Photo: Trong Duc/VNA

For sea-related issues, the two sides have maintained regular discussions at all-level meetings. They signed an agreement on basic principles guiding the settlement of sea-related issues and reached numerous common perceptions on controlling disputes and maintaining peace and stability in the East Sea.

The Vietnamese top legislator’s official visit to China has contributed to strengthening political trust, speeding up the implementation of common perceptions and signed agreements, and effectively carrying out agreements, program and projects between the Vietnamese National Assembly and the National People’s Congress of China.

On this occasion, both sides discussed measures to boost all-round cooperation in politics, economics, security, defense and education, and to enhance cooperation at multilateral forums, and exchange views on international issues of shared concern.

 

Story: VNP - Photos: VNA