(VOVWORLD) -The Vietnamese Government will set up a Working Group on Trade and Investment to work with China to promote more effective cooperation, Prime Minister Pham Minh Chinh said on Wednesday.
 Prime Minister Pham Minh Chinh speaks at the forum. Photo: VOV
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PM Chinh addressed the Vietnam-China Trade and Investment Cooperation Forum in Beijing on Wednesday as part of his official visit to China. The forum, jointly organized by the Chinese Council for the Promotion of International Trade and the Vietnamese Ministry of Planning and Investment, was also attended by Chinese Vice Premier Liu Guozhong and representatives of more than 350 enterprises of both countries.
Prime Minister Chinh told the forum that there remains an ample room for Vietnam and China to set new records in bilateral trade. “We prioritize attracting investment selectively, effectively and sustainably and take quality, technology efficiency and environmental protection as the main evaluation criteria."
"It’s necessary to incentivize high technology, innovation, research and development to create favorable conditions for Vietnamese enterprises to participate in the global value chain, the supply value chain of foreign enterprises, while promoting digital economy, green economy, circular economy, sharing economy, sustainable development of digital technology and green growth. In particular, Vietnam calls on Chinese businesses and investors to invest in strategic infrastructure works.”
The Vietnamese government is committed to ensuring an open and healthy investment environment for investors in the spirit of harmonizing benefits, sharing risks, and win-win cooperation, PM Chinh said.
 Chinese Vice Premier Liu Guozhong speaks at the forum. Photo: VOV
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Vice Premier Liu said the visit to China by Prime Minister Pham Minh Chinh will add a strong impetus to the comprehensive strategic cooperative partnership between Vietnam and China.
He reiterated China’s willingness to strengthen economic and trade cooperation; seek cooperation in green growth, digital economy, climate change response; and build a safe and stable supply and production chain system. China encourages enterprises with potential, reputation and high technology to invest in Vietnam, Liu said.