HANOI: Finance Minister Nguyen Van Thang recently held a working session with Chinese ambassador to Vietnam He Wei to discuss ways to increase cooperation in investment, trade and finance.
Thang highlighted the robust growth in Vietnam-China economic ties.
Chinese investors now have more than 6,000 active projects in Vietnam worth a total of nearly US$35bil.
Two-way trade surged in the first 10 months of last year, exceeding US$200bil, with Vietnam exporting about US$57bil to China and importing roughly US$150bil.
He thanked the Chinese government and people’s US$500,000 aid package to help Vietnam recover from devastating floods in the central and central highlands provinces, calling it a reflection of the close friendship between the two countries.
He, for his part, said Vietnam–China relations are entering a “second golden period”, noting that many Chinese firms are increasing investment in Vietnam and economic and trade ties are prospering. — Viet Nam News/ANN
