NA Chairman visits China’s Shanghai Free Trade Zone
National Assembly (NA) Chairman Vuong Dinh Hue on April 11 visited China’s Shanghai Free-Trade Zone (SHFTZ) and met with leaders of the municipal People’s Congress and administration of Shanghai as well as the zone.
NA Chairman Vuong Dinh Hue addresses a meeting with leaders of China's Shanghai Free Trade Zone (Photo: VNA)
Shanghai (VNA) – National Assembly (NA) Chairman VuongDinh Hue on April 11 visited China’sShanghai Free-Trade Zone (SHFTZ) and met with leaders of the municipalPeople’s Congress and administration of Shanghai as well as the zone.
Hue, now on an official visit to China, was briefed onthe development and outstanding achievements of the SHFTZ, specialpolicies for the zone, as well as the practical experience in applyingcontrolled pilot mechanisms.
Leaders of Shanghai and the SHFTZ described the Vietnamese toplegislator’s visit as an important milestone in the cooperation between theChinese locality and Vietnam.
NA Chairman Vuong Dinh Hue visits China’s Shanghai Free Trade Zone (Photo: VNA)
According to the head of the SHFTZ, the zone, established in September 2013, is becoming the first pilot free trade one of China to realise the country’s policyof opening, multilateralism, and diversification. So far, China has set up 22such zones.
After more than 10 years of operation, it has becomean outstanding economic reform model, contributing to expanding the economicscale of Shanghai and attracting foreign investment.
As of the end of 2022, 84,000 new businesses had beenestablished at SHFTZ.
NA Chairman Hue said he hopes the municipal People’sCongress and administration will continue to share experiencewith Vietnamese NA agencies in building a mechanism framework for the operationsof pilot free trade zones.
Leaders of Shanghai and SHFTZ affirmed that on thefoundation of the Vietnam-China joint statement on the building of aVietnam-China Community of a Shared Future with strategic meaning, they will promote economic and trade cooperation with Vietnam, welcome and stand ready to share experience with Vietnamese sectors and localities for commondevelopment./.
Major Chinese media including Xinhua, the Communist Party of China ( CPC)’s flagship newspaper - People’s Daily, Global Times, the China Central Television (CCTV) have simultaneously reported activities of the high-ranking Vietnamese delegation led by National Assembly Chairman Vuong Dinh Hue in Beijing.
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National Assembly (NA) Chairman Vuong Dinh Hue on April 10 received Politburo member of the Communist Party of China and Secretary of the Shanghai Party Committee Chen Jining in Shanghai within the framework of his official visit to China.
National Assembly (NA) Chairman Vuong Dinh Hue on April 10 received leaders of major Chinese corporations and businesses in Shanghai city within the framework of his official visit to China.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
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Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
NA Chairman Vuong Dinh Hue addresses a meeting with leaders of China's Shanghai Free Trade Zone (Photo: VNA) 
NA Chairman Vuong Dinh Hue visits China’s Shanghai Free Trade Zone (Photo: VNA) 
