At the summit, the leaders underlined the importance of the ASEAN-China strategic partnership for peace, security, stability and prosperity in the region.

They reiterated efforts to promote dialogues and cooperation as well as building trust and soon finalising the Code of Conduct in the East Sea (COC).

Prime Minister Nguyen Xuan Phuc (fifth, right), other ASEAN leaders and Chinese Premier Li Keqiang (fifth, left) at the 22nd ASEAN-China Summit in Bangkok on November 3.

The leaders also stressed the need to maintain peace, security, stability, freedom and safety of navigation and aviation in the East Sea and to refrain from actions that complicate the situation.

They agreed to abide by international law, including the 1982 United Nations Convention on the Law of the Sea (1982 UNCLOS), implement seriously and fully the Declaration on Conduct of Parties in the East Sea (DOC), and strive to build the East Sea into a region of peace, stability and cooperation.

Participants also welcomed the close economic ties between ASEAN and China, with China being the largest trading partner of ASEAN for the past 10 consecutive years and a leading investor of the bloc.

ASEAN and Chinese leaders emphasised their commitments to promoting multilateralism, supporting trade-investment liberalisation, and strengthening a rule-based equal multilateral international trading system.

They vowed to contribute to the completion of the Regional Comprehensive Economic Partnership (RCEP) as scheduled.

Under the ASEAN-China Strategic Partnership Vision 2030 approved in 2018, the two sides pledged to promote cooperation in the fields of common interest such as trade and investment exchanges, including the effective implementation of the protocol to amend the ASEAN-China free trade agreement.

The two sides agreed to strive for a two-way trade of 1 trillion USD and investment of 150 billion USD by 2020.

They agreed to enhance connectivity between the implementation of the Master Plan on ASEAN Connectivity 2025 and China’s “one belt, one road” initiative, in addition to expanding people-to-people exchange and cooperation in tourism, innovation, e-commerce and digital economy.

Addressing the event, PM Phuc said ASEAN always attaches great importance to the role of China in endevours to maintain peace, security and stability for development cooperation and prosperity in the region.

He voiced support for the designation of 2020 as a digital economic cooperation year between ASEAN and China.

Regarding the East Sea issue, the PM affirmed that the maintenance of peace, security and stability in the world’s arterial maritime route is the responsibility of all nations for mutual benefits.

He reiterated the clear and consistent viewpoints of Vietnam on the East Sea situation, which have been presented at forums at various levels.

He urged the involved parties to step up efforts at both bilateral and multilateral levels to promote compliance with international law, including the (UNCLOS), as well as prevent the repetition of actions that run counter to international law, while creating a favourable environment for building rules and trust, promoting dialogues, and peacefully solving differences based on international law.

The PM also suggested implementing seriously and fully the DOC and maximising efforts to finalise the effective COC in line with international law and with the support of the international community.

Concluding the event, the two sides agreed to adopt three documents, including the ASEAN-China Leaders' Statement on Smart City Cooperation Initiative, the Joint Statement on Strengthening Media Exchanges and Cooperation between ASEAN and China, and the ASEAN-China Joint Statement on Synergising the Master Plan on ASEAN Connectivity (MPAC) 2025 and the Belt and Road Initiative (BRI).

Vietnam - bright spot in FDI attraction in ASEAN

News and World Report of the US has ranked Vietnam eighth among 29 best economies to invest in, and first among the Association of Southeast Asian Nations (ASEAN) in the list.

Logo designing contest for ASEAN youths launched

The 2020 Year of ASEAN Identity Logo Design Competition for ASEAN Youths has been launched by the ASEAN Secretariat and the ASEAN-German Cooperation.

Vietnam ranks fourth in ASEAN in international arrivals in first half of 2019

Vietnam ranked fourth in Southeast Asia in the number of international arrivals in the first half of 2019, according to the Pacific Asia Travel Association’s (PATA) latest quarterly tourism monitor.

ASEAN, Japan deputy defence chiefs gather in Tokyo

Deputy defence chiefs of ASEAN countries and Japan met in Tokyo, Japan from October 8-10 to discuss regional security, the future of the Indo-Pacific region and ASEAN’s initiatives for regional cooperation.

Two players from Vietnam basketball club named in ASEAN's all-time top 10

Chris Charles and Leo Avenido of Saigon Heat have been named among the ASEAN Basketball League's Top 10 Players of All Time. The inductees were named at the launch of the 10th season in Manila, the Philippines, on Thursday.

Source: VNA