Việt Nam, China hold 13th session of Economic and Trade Cooperation Committee

September 29, 2024 - 21:30
Key topics of discussion include cooperation in investment, supply chains, border trade facilitation, market access and e-commerce.
Minister of Industry and Trade Nguyễn Hồng Diên (left) and Chinese Minister of Commerce Wang Wentao at the Việt Nam-China Economic and Trade Cooperation Committee's meeting on Sunday. — VNA/VNS Photo Thành Dương

BEIJING — Minister of Industry and Trade Nguyễn Hồng Diên and Chinese Minister of Commerce Wang Wentao co-chaired the 13th session of the Việt Nam-China Economic and Trade Cooperation Committee in China on September 29.

At the session, Minister Diên said Việt Nam and China should promote cooperation in investment and supply chains, with priority given to digital economy and green economy.

He also informed the Chinese side that the Vietnamese government has issued policies and mechanisms to develop electric vehicles. The Ministry of Industry and Trade is also compiling a development strategy for the Vietnamese automobile industry to 2030 with a vision to 2045, which will include vehicles fuelled by electricity and green energy.

In particular, the minister appreciated the Chinese side’s proposal on promoting cooperation on industrial parks, saying that Việt Nam pays great attention to this issue, with the aim of enhancing connectivity and mutual complementariness between the two countries.

Minister Diên also called for close collaboration to ensure smooth trade through border gates and further investment in border gate infrastructure as the cross-border movement of people, vehicles and goods is surging.

He asked China to open the market for more farm produce from Việt Nam such as citrus fruits, avocado, custard apple, wax apple and black cardamom, and the Chinese Ministry of Commerce to push for the removal of Việt Nam’s rock lobster from the list of wildlife banned from transport and trade in China.

He proposed that the two sides direct their relevant agencies to guide enterprises in using the Việt Nam-China container transporting railway route and accelerate the establishment of a Việt Nam trade promotion office in China.

Minister Wang suggested that Việt Nam has policies to encourage energy projects, and continue negotiations for the signing of an MoU on cooperation in production and supply chains.

He also put forward solutions to boost trade, including holding negotiations and signing cooperation documents in farm produce trade, and urged stronger cooperation in e-commerce.

Minister Wang affirmed that he will assist the Vietnamese Ministry of Industry and Trade in setting up partnerships with Chinese localities and enhancing ties between the localities of the two countries.

The outcomes of the session will be reported to the Prime Ministers of their respective countries for the upcoming external activities of the two countries’ Parties and States. — VNA/VNS

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