He applauded the speech presented by Chinese President Xi Jinping, which highlighted important cooperative principles of cooperation of the the BRI.

PM Phuc stated Vietnam will continue to cooperate with China and other countries to build effective and win-win cooperation forms.

Prime Minister Nguyen Xuan Phuc devliers a speech at a roundtable meeting of the second Belt and Road Forum for International Cooperation (BFR) in Beijing, China.

He also applauded the theme of the forum, which underlines the need to enhance connectivity, policy resonance and sustainable development.

Connectivity must be promoted comprehensively, including digital connection, and development of transport, energy, information and telecommunication, as well as coordination among countries to ensure favourable policies for successful connection, he said.

It is necessary to expand cooperation among countries, international organisations, and involvement of enterprises and people in the process, he said.

Sustainable development goals (SDGs) in BRI are similar to 17 SDGs of the 2030 Agenda of the UN for Sustainable Development, he said.

PM Phuc emphasised the need to ensure balance between short-term and long-term development targets, effectiveness on economy, sustainability on the environment and social harmony, and bring benefits to the people.

He highlighted the need to listen and respect opinions of small and big countries, adding that differences should be addressed through consultations and dialogues, to make their cooperation effective.

Cooperation should be transparent, open, sincere, mutually beneficial, and respect for sovereignty and territorial integrity, international law, he said, noting that this is the foundation for successful connectivity and development.

In his speech, the Vietnamese leader shared Vietnam’s experience in the 30-year renewal process, stressing that development is responsibility of each country and that the promotion of potential and strength along with international integration is the basis for successful cooperation.

He affirmed that Vietnam is focusing on promoting its socio-economic development and international integration, including cooperation with BRI; while making every effort to realise SDGs of the UN.

Many leaders to the event expressed their support for Vietnam’s opinions stated in PM Phuc’s speech.

On the sidelines of the 2nd BRF’s roundtable meeting, PM Phuc had meetings with leaders of Malaysia, Myanmar, and the Director General of the International Monetary Fund.

Prime Minister Nguyen Xuan Phuc left Beijing for Hanoi later the day, wrapping up his trip to China to attend the 2nd BRF.

Bac Giang attracts new investment of over 290 million USD

(BGO) – According to the report of the Department of Planning and Investment, Bac Giang attracted a registered capital of 34.9 million USD in April, making up a total investment of 290.6 million USD in the first four months, up 40.7 percent against the same period last year.

 

ASEAN economic ministers ink investment, trade pacts

The ASEAN Trade in Services Agreement (ATISA) and the fourth protocol amending the ASEAN Comprehensive Investment Agreement (ACIA) were inked by ASEAN economic ministers in Thailand on April 23.

 

Defining advantages, enhancing effectiveness of investment attraction

(BGO) – On April 18, Permanent Vice Chairman of the Bac Giang provincial People’s Committee (PPC) Lai Thanh Son chaired a conference to gather opinions and draft the summary report on “The actual situation of investment attraction and industrial development attaching to innovate the growth model in the province from 1997 up to present, target, task and solution for the upcoming time”. 

 

Japanese investment in Vietnam on the rise in 2019

Japanese investment in Vietnam is expected to grow this year, given Japan’s recent initiative to shift investment to Vietnam and other Mekong River nations, as well as free trade agreements (FTA), experts said.

 

Vietnam introduces investment, trade potential in Belgium

Vietnam’s potential and advantages in investment and trade once the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) take effect were introduced at the ASEAN Trade and Investment Forum in Brussels, Belgium, on April 4.

 

Source: VNA