PM Phuc underscores clear and consistent stance of Vietnam on East Sea issue

Prime Minister Nguyen Xuan Phuc reiterated the clear and consistent stance of Vietnam on the East Sea situation at the 22nd ASEAN-China Summit in Bangkok on November 3, which saw the attendance of ASEAN leaders alongside Chinese Premier Li Keqiang
pm phuc underscores clear and consistent stance of vietnam on east sea issue

Prime Minister Nguyen Xuan Phuc ( fifth from right) attends the 22nd ASEAN-China Summit in Bangkok.

At the summit, the leaders laid stress on the importance of the ASEAN-China strategic partnership for peace, security, stability and prosperity in the region and reiterated efforts to promote dialogues and cooperation as well as building trust and soon finalizing the Code of Conduct in the East Sea (COC).

They underlined the need to maintain peace, security, stability, freedom and safety of navigation and aviation in the East Sea and to refrain from actions that complicate the situation.

They consented to comply with international law, including the 1982 United Nations Convention on the Law of the Sea (1982 UNCLOS), properly and fully implement the Declaration on Conduct of Parties in the East Sea (DOC), and work towards building the East Sea into a region of peace, stability and cooperation.

Participants also hailed the close economic ties between ASEAN and China, with China being the largest trading partner of ASEAN for the past 10 consecutive years and a leading investor of the regional grouping.

ASEAN and Chinese leaders accentuated their commitments to promoting multilateralism, supporting trade-investment liberalisation, and enhancing a rule-based equal multilateral international trading system.

They pledged to contribute to the finalization of the Regional Comprehensive Economic Partnership (RCEP) as scheduled.

Under the ASEAN-China Strategic Partnership Vision 2030 adopted in 2018, both sides vowed to step up cooperation in the spheres of common interest such as trade and investment exchanges, including the effective implementation of the protocol to revise the ASEAN-China free trade agreement.

The two sides concurred to aim for US$1 trillion in bilateral trade and investment level of US$150 billion by 2020.

They agreed to strengthen connectivity between the implementation of the Master Plan on ASEAN Connectivity 2025 and China’s “one belt, one road” initiative, intensify people-to-people exchange and cooperation in tourism, innovation, e-commerce and digital economy.

In his address PM Phuc said ASEAN always places great importance on the role of China in a bid to maintain peace, security and stability for development cooperation and prosperity in the region.

He voiced support for the designation of 2020 as a digital economic cooperation year between ASEAN and China.

On the East Sea issue, the Vietnamese Government leader affirmed that the maintenance of peace, security and stability in the world’s arterial maritime route is the responsibility of all nations for mutual benefits.

He reiterated the clear and consistent stance of Vietnam on the East Sea situation, which have been shown at numerous forums at various levels.

He urged the concerned parties to redouble efforts at both bilateral and multilateral levels to promote adherence to international law, including the (UNCLOS), as well as prevent the repetition of actions that run counter to international law, while creating a favourable environment for building rules and trust, promoting dialogues, and peacefully settling differences based on international law.

The PM also suggested effectively carrying out the DOC and step up efforts to complete the COC in accordance with international law and with the support from the international community.

At the end of the event, both sides reached a consensus on the approval of three documents, including the ASEAN-China Leaders' Statement on Smart City Cooperation Initiative, the Joint Statement on Strengthening Media Exchanges and Cooperation between ASEAN and China, and the ASEAN-China Joint Statement on Synergising the Master Plan on ASEAN Connectivity (MPAC) 2025 and the Belt and Road Initiative (BRI).

Source: VNA

Related News

Vietnam, Korea Customs sign AEO MRA

Vietnam, Korea Customs sign AEO MRA

VCN- The Director General of the General Department of Vietnam Customs (GDVC), Mr Nguyen Van Tho, and the Commissioner of Korea Customs Service (KCS), Mr Ko Kwang Hyo, signed the Authorized Economic Operator Mutual Recognition Agreement (AEO MRA) on the afternoon of December 24, at the GDVC’s headquarters.
Prioritizing semiconductor workforce training

Prioritizing semiconductor workforce training

VCN - Vietnam is well-positioned to participate deeply in the global semiconductor industry. Experts believe that developing a skilled workforce in microchips and semiconductors should be a long-term priority to effectively capitalize on this opportunity.
Vietnam-Cambodia: Looking back on journey of cooperation

Vietnam-Cambodia: Looking back on journey of cooperation

VCN – The bilateral meeting between the General Department of Vietnam Customs (GDVC) and the General Department of Customs and Excise of Cambodia (GDCEC) was held by the GDVC on December 9.
Vietnam-China e-commerce: A perspective from Lang Son border

Vietnam-China e-commerce: A perspective from Lang Son border

VCN - Cross-border e-commerce is currently a hot topic among e-commerce businesses, particularly those actively developing digital platforms and cross-border electronic payment infrastructures through border gates in Lang Son province.

Latest News

Việt Nam establishes central steering committee to lead innovation and digital transformation

Việt Nam establishes central steering committee to lead innovation and digital transformation

This initiative seeks to position Việt Nam as a regional hub for digital technology industries and rank among the top 30 nations globally in innovation and digital transformation by 2045.
Ho Chi Minh City: Diversifying forms of support for businesses exporting goods

Ho Chi Minh City: Diversifying forms of support for businesses exporting goods

VCN - To help businesses increase their exports, Ho Chi Minh City has many forms of support and connection between businesses and foreign partners to expand their markets.
Year-end stimulus expected to boost economic growth

Year-end stimulus expected to boost economic growth

A series of year-end stimulus solutions is expected to spur Việt Nam’s economy to achieve the GDP growth target of over 7 per cent this year.
Enterprises focus on Tet care for employees

Enterprises focus on Tet care for employees

VCN - Tet bonuses are always an issue that receives special attention from employees at the end of each year. This year, the economy is facing many difficulties, many enterprises in the southern provinces have announced Tet bonuses, reflecting their tireless efforts to ensure the rights of employees.

More News

Experts point out economic growth drivers, challenges for next year

Experts point out economic growth drivers, challenges for next year

Several growth drivers are in place to help Việt Nam achieve its GDP growth rate goal of 6.5-7 per cent next year, but rapid and strong international fluctuations remain challenges to watch out for.
Việt Nam’s GDP growth to outpace region peers: Oxford Economics

Việt Nam’s GDP growth to outpace region peers: Oxford Economics

Việt Nam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.
PM asks efforts to achieve more than 8 per cent economic growth in 2025

PM asks efforts to achieve more than 8 per cent economic growth in 2025

Prime Minister Phạn Minh Chính has issued Official Dispatch No 137/CĐ-TTg on Friday on accelerating economic growth next year.
Việt Nam

Việt Nam's administrative restructuring will not impact foreign investors, says Foreign Ministry

Under the restructuring roadmap, the government will retain eight ministries and agencies but streamline their internal structures. For the remaining 14, the government will carry out reorganisation and mergers to reduce the number of administrative bodies.
Vietnam’s GDP growth to outpace region peers: Oxford Economics

Vietnam’s GDP growth to outpace region peers: Oxford Economics

Vietnam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.
Government Party Organisation must be elite, streamlined, ensure effective operations: PM

Government Party Organisation must be elite, streamlined, ensure effective operations: PM

Prime Minister Pham Minh Chinh, head of the Government Steering Committee for summarising the implementation of Resolution 18-NQ/TW of the 12th Party Central Committee, which seeks to streamline the political system for greater efficiency and effectiveness, chaired the fifth meeting of the committee in Hanoi on December 19.
Vietnam among Asia’s 15 largest economies

Vietnam among Asia’s 15 largest economies

The statistical visualisation platform Seasia Stats recently ranked Vietnam among the top 15 economies in Asia, with projected economic output reaching some 506 billion USD in 2025.
Chinese media praises Vietnam’s economic achievements, outlook

Chinese media praises Vietnam’s economic achievements, outlook

Chinese media outlets, including The Paper, CRI, Sohu, Sina, the Guangdong E-Commerce Association's website, and BWC, have published numerous reports and analyses highlighting Vietnam’s remarkable economic achievements in 2024 and its promising outlook for 2025.
Vietnam International Defence Expo 2024 opens

Vietnam International Defence Expo 2024 opens

The Vietnam International Defence Expo 2024 is due to kick off on December 19 morning at Gia Lam airport in Hanoi, gathering more than 200 units and enterprises from over 30 countries worldwide.
Read More

Your care

Latest Most read
Việt Nam establishes central steering committee to lead innovation and digital transformation

Việt Nam establishes central steering committee to lead innovation and digital transformation

This initiative seeks to position Việt Nam as a regional hub for digital technology industries and rank among the top 30 nations globally in innovation and digital transformation by 2045.
Ho Chi Minh City: Diversifying forms of support for businesses exporting goods

Ho Chi Minh City: Diversifying forms of support for businesses exporting goods

To help businesses increase their exports, Ho Chi Minh City has many forms of support and connection between businesses and foreign partners to expand their markets.
Year-end stimulus expected to boost economic growth

Year-end stimulus expected to boost economic growth

A series of year-end stimulus solutions is expected to spur Việt Nam’s economy to achieve the GDP growth target of over 7 per cent this year.
Enterprises focus on Tet care for employees

Enterprises focus on Tet care for employees

VCN - Tet bonuses are always an issue that receives special attention from employees at the end of each year. This year, the economy is facing many difficulties, many enterprises in the southern provinces have announced Tet bonuses, reflecting their tirel
Experts point out economic growth drivers, challenges for next year

Experts point out economic growth drivers, challenges for next year

Several growth drivers are in place to help Việt Nam achieve its GDP growth rate goal of 6.5-7 per cent next year, but rapid and strong international fluctuations remain challenges to watch out for.
Mobile Version