The visit is of great significance as it demonstrates the importance both countries attach to bilateral friendly relations. It also affirms Vietnam’s consistent foreign policy, with top priority to be given to fostering relations with neighbouring countries, including China.

The visit gives the two sides an opportunity to identify orientations for bilateral cooperation in future in 2024 and beyond. It also helps to promote the implementation of cooperation agreements the two countries’ Ministries of Foreign Affairs.

The Vietnam - China comprehensive strategic cooperative partnership has developed positively in recent times, reaping many important results.

Top leaders of the two Parties and countries maintain regular exchanges and contacts, including the visit of General Secretary Nguyen Phu Trong to China in October 2022 and the state visit to Vietnam of General Secretary and President Xi Jinping in December 2023, helping to strengthen political trust.

The two countries last year released a joint leaders’ statement on continuing to deepen and elevate the comprehensive strategic cooperative partnership to build a Vietnam-China community with a shared future.

Economic-trade-investment cooperation is a major pillar in bilateral relations, with two-way trade turnover hitting US$171.9 billion last year.

Chinese investment in Vietnam last year rose more than 77% to US$4.47 billion from more than 700 projects. China is the fourth largest investor in Vietnam in terms of capital and the largest in number of projects.

VOV