A dialogue on cooperation in China-Vietnam business, trade and logistics is held in Chongqing's Nan'an district on Friday. [Photos provided to chinadaily.com.cn]
A dialogue on cooperation in China-Vietnam business, trade and logistics was held on Friday morning in Chongqing's Nan'an district. The event drew almost 300 attendees, including officials from the Vietnamese central government, leaders from different provinces and cities in Vietnam, the Chinese ambassador to Vietnam, relevant officials and department heads from Chongqing, as well as business representatives from both countries.
"Chongqing remains committed to bolstering collaboration between enterprises from both regions, enhancing policy guidance and service guarantees, and fostering an expanded development landscape alongside a more conducive business environment for these enterprises," said Chongqing Mayor Hu Henghua at the event.
"Our trip to Chongqing present a crucial opportunity to deepen economic and trade cooperation between Vietnam and China," said Vietnamese Prime Minister Pham Minh Chinh during his speech at the event. He noted China's status as Vietnam's primary trading partner and underscored Vietnam's significant focus on collaboration with Chongqing.
During the meeting, a signing ceremony for seven memorandums of cooperation was held, covering sectors such as economy, trade, logistics, energy, agriculture and telecommunications.
On Friday afternoon, a reception ceremony for a freight train from Vietnam via the China-Vietnam Railway was held in Chongqing Tuanjie Village Station. The cargo is loaded with Vietnamese specialty products such as control panels, coil drums, and plastic toys, totaling 26 standard containers with a cargo value of nearly 90 million yuan ($12.58 million).
A dialogue on cooperation in China-Vietnam business, trade and logistics is held in Chongqing's Nan'an district on Friday. [Photos provided to chinadaily.com.cn]
As of Oct 30, the China-Vietnam freight trains passing through Chongqing have operated in both directions a total of 132 trips, carrying a combined total of 4,224 standard containers with a cargo value of 1.01 billion yuan.
Chongqing and Vietnam have deep historical roots and close exchanges. In recent years, the new International Land-Sea Trade Corridor has strengthened the economic and trade ties between the two regions.
For the past five years, Vietnam has remained Chongqing's largest trading partner within ASEAN. In the first three quarters of this year, the trade volume between Chongqing and Vietnam reached 27.42 billion yuan, with Chongqing's actual investment in Vietnam amounting to 194 million yuan, a 32.7 percent increase. The freight volume and the value of containers via the ILSTC have increased by 48.6 percent and 108 percent, respectively, indicating a positive trend in cooperation between the two regions.
On Thursday, Premier Li Qiang met with the leaders of Cambodia, Laos, Myanmar, Thailand and Vietnam during the eighth Greater Mekong Subregion Summit in Kunming, Yunnan province.
Premier Li called for greater unity and coordination among countries of the Greater Mekong Subregion to further promote pragmatic cooperation in various fields, in order to achieve shared growth and contribute to regional and global peace, development and prosperity.
