Source: CCTV.com

10-24-2008 11:09

Visiting Vietnamese Prime Minister Nguyen Tan Dung attended the China-Vietnam Enterprises Cooperation Forum Thursday in Beijing. The prime minister said Vietnam will create better conditions to push forward the development of bilateral trade and economic ties.

Visiting Vietnamese Prime Minister Nguyen Tan Dung attended  the China-Vietnam Enterprises Cooperation Forum Thursday in Beijing.

The Vietnamese prime minister addressed the forum, saying that building mutually-beneficial bilateral economic relations is part of the endeavor to establish an all-around strategic partnership between Vietnam and China.

Nguyen Tan Dung, Vietnamese Prime Minister said "Our bilateral trade volume grew by more than 50 percent in 2007 compared to 2006. With more than 600 projects, China now has registered investment of more than 2 billion US dollars in Vietnam."

China is now Vietnam's largest trade partner, as well as its largest investor. The two countries forecast that bilateral trade will reach 21 billion US dollars this year, and have set a goal of 25 billion US dollars for 2010.

The prime minister said the Vietnamese economy went through some difficulties in the first half of this year. But the situation has improved, and inflation has been kept under control. He said Vietnam expects more Chinese investment.

Nguyen Tan Dung said "Now, Vietnamese economic conditions are stable, the growth rate is expected to reach 6.7 percent. Vietnam will provide preferential policies and all necessary help for foreign investors. We believe our cooperation will be mutually beneficial, and we especially welcome Chinese investors."

At the forum, a series of business agreements between Chinese and Vietnamese enterprises was signed, covering cooperation in sectors like power generation, coal mining and tobacco.

Editor:Xiong Qu