Monday, March 26, 2007

Vietnam’s ties with China to grow further: Deputy PM

Vietnamese Deputy Prime Minister and Foreign Minister Pham Gia Khiem, who is visiting China, said Monday he is confident in the fine development of the two countries’ relations.

The two countries had reached consensus on developing economic cooperation, solving boundary issue and promoting cultural exchanges, Khiem told reporters during an interview.

The exchanges of high-level visits were conducive to enhancing mutual understanding and trust and become an impetus to bilateral ties, he said.

"We are glad to see that the economic and trade relations achieved remarkable development with increasing of bilateral trade volume, and we just signed an agreement on expanding and deepening our economic cooperation," he said.

The total trade volume between Vietnam and China hit almost US$10 billion last year, up 21.4 percent from the previous year.

There are over 400 Chinese investment projects in Vietnam with a total registration fund of more than $1 billion, Khiem also said.

The “traditional friendship” and bilateral ties would be cemented with joint efforts from the two sides so as to contribute to peace and stability in Asia and the whole world, Khiem added.

Khiem, who arrived in Beijing Saturday for a six-day visit, met Chinese State Councilor Tang Jiaxuan Sunday. They agreed that Vietnam and China would continue to join hands in promoting their relationship and forging multi-facetted bilateral cooperation