Prime Minister Pham Minh Chinh arrives in Tianjin to attend the Shanghai Cooperation Organization Summit

On the night of August 30, the plane carrying Prime Minister Pham Minh Chinh and the high-ranking Vietnamese delegation landed at the airport in Tianjin city, starting the trip to attend the Shanghai Cooperation Organization (SCO) 2025 Summit and work in China from August 31 to September 1 at the invitation of the Government of the People's Republic of China.

Prime Minister Pham Minh Chinh leaves for the Shanghai Cooperation Organization (SCO) 2025 Summit in China. (Photo: DUONG GIANG - VNA)

At the airport to welcome Prime Minister Pham Minh Chinh and the high-ranking Vietnamese delegation, on the Chinese side were Minister of Transport Liu Wei, Chairman of the Standing Committee of the National People's Congress Yu Wenlin; on the Vietnamese side were Vietnamese Ambassador to China Pham Thanh Binh; and embassy staff.

In the context of the recent security, political and development situation in the region and the world, there have been a number of unfavorable and unstable factors, even in the Asian region, with the theme "Implementing multilateralism, maintaining regional security, promoting sustainable development", this expanded SCO Summit will be an opportunity for heads of government of SCO member states as well as guest leaders such as Vietnam to share and discuss specific measures to strengthen dialogue cooperation, enhance multilateralism to maintain and ensure regional stability and security as well as promote sustainable development cooperation - an area that SCO members are increasingly interested in, a fundamental factor to ensure long-term security and development of the Asian region as well as the world.

During this working trip, Prime Minister Pham Minh Chinh will meet with leaders, ministries, sectors and enterprises of China to continue deepening the Vietnam-China Comprehensive Strategic Cooperative Partnership and the Community of Shared Future, which has strategic significance, especially promoting substantive cooperation in economic-trade-investment areas and major projects on strategic infrastructure development.

Prime Minister Pham Minh Chinh's talks with Chinese leaders will contribute to enhancing strategic exchanges, continuing to consolidate strategic trust and finding solutions to handle remaining differences and disagreements in the relationship between the two countries, thereby continuing to maintain a peaceful and stable environment for the country.

From the beginning of 2025 to now, in the context of the 75th anniversary of the establishment of Vietnam-China diplomatic relations (January 18, 1950 - January 18, 2025), the two sides continue to promote high-level exchanges and contacts in many flexible forms: General Secretary To Lam had a phone call with General Secretary and President of China Xi Jinping (January 15), declaring the launch of the Vietnam-China Humanitarian Exchange Year 2025. General Secretary and President of China Xi Jinping paid a State visit to Vietnam (April 14-15, 2025), which was the 4th State visit to Vietnam by General Secretary and President of China Xi Jinping and the 2nd in the same term of the 20th National Congress of the Communist Party of China and the 13th National Congress of the Communist Party of Vietnam. Prime Minister Pham Minh Chinh attends the WEF Tianjin Forum and works in China (June 24-26, 2025).

Economic, trade and investment relations between the two countries are developing very strongly. Regarding trade: in 2024, Vietnam will maintain its position as the largest trading partner in ASEAN, China's fourth largest trading partner in terms of national criteria (after the US, Japan, and South Korea). Vietnam-China bilateral trade turnover for the whole year of 2024 will reach 205.2 billion USD (up 19.3%); of which, Vietnam's exports will reach 61.2 billion USD (down 0.2%), imports will reach 144 billion USD (up 30.2%), and trade deficit will be 82.8 billion USD (up 67.9%). In the first 7 months of 2025, bilateral trade turnover will reach 136.47 billion USD (up 21.3%); In which, Vietnam's exports reached 35.02 billion USD (up 7.1%), imports were 101.4 billion USD (up 27.1%), and trade deficit was 66.4 billion USD (up 41.1%).

Regarding investment: In 2024, China ranked first in the number of new investment projects with 955 projects, accounting for 28.3%; ranked third in total registered capital with 4.73 billion USD (after Singapore and South Korea), an increase of 3.1%. In the first 7 months of 2025, China ranked first in the number of new investment projects with 695 projects, accounting for 30.83%; ranked second in total registered capital with 2.27 billion USD (after Singapore), an increase of 41.6%.

Regarding tourism: In 2024, we will welcome 3.74 million Chinese visitors, an increase of 114% compared to 2023, accounting for 21.26% of total international visitors to Vietnam, ranking second after South Korea. In the first 7 months of 2025, we will welcome more than 3.1 million Chinese visitors to Vietnam, accounting for 25.5% of total international visitors to Vietnam, ranking first in total international visitors to Vietnam.

HA THANH GIANG

Source: https://nhandan.vn/thu-tuong-pham-minh-chinh-toi-thien-tan-du-hoi-nghi-thuong-dinh-to-chuc-hop-tac-thuong-hai-post904958.html