National Assembly Chairman Vuong Dinh Hue speaking at the Forum. Photo: VOV

Addressing the forum attended by 400 representatives of the two countries' business communities, Chairman Hue assessed that economic-trade-investment cooperation has become a bright spot in the two countries' relationship. He said both countries have open economies, with exports playing an important role and have the capacity to adapt to international trade principles.

The two economies are compatible, interconnected and complementary, according to Mr. Hue. The two sides have the same awareness and support each other in cooperation mechanisms such as Community with a Shared Future for Mankind, Belt and Road, Global Development, Global Security and Global Civilization.

Therefore, the NA Chairman outlined a number of directions for businesses of the two countries to boost trade and together become major links in the regional and global supply chain. 

“It’s necessary to strengthen cooperation between the National Assembly, Government and localities of the two countries to share experiences in building policies and laws on businesses and investment, and adapt to rapid changes in science, technology and the current international environment. Effort should be made connect the two economies in the "win-win" spirit, especially jointly concretize the results of Party General Secretary Nguyen Phu Trong's visit to China and the recent visit to Vietnam by Party General Secretary and President of China  Xi Jinping.”

The National Assembly Chairman said Vietnam welcomes Chinese investors to invest in science and technology innovation, research and development, green economy, digital economy, circular economy, knowledge economy, artificial economy, digital transformation, financial center, green finance, strategic infrastructure development of airports, seaports, highways, high-speed railways, urban railways, artificial intelligence, and high-tech agriculture.

He affirmed that the Vietnamese National Assembly always listens, builds a transparent, fair, and comprehensive legal framework, and creates favorable conditions for foreign investors in general and Chinese investors in particular to do business smoothly and successfully in Vietnam.