The agreement was detailed in an eight-clause joint statement released on Friday, the final day of Vietnamese President Truong Tan Sang's
The neighboring countries will properly handle emergent fishery incidents so as to maintain bilateral friendly relations, the statement said.
The two sides will continue to implement the Beibu Gulf Fishery Cooperation Agreement, which was signed on Dec. 25, 2000 and went into effect on June 30, 2004, as well as actively explore new joint inspection methods for shared fishery districts.
On maritime issues,
Both sides will implement the bilateral Agreement on Basic Principles Guiding the Settlement of Maritime Issues, make full use of their boundary discussion mechanism and carry out discussions that can result in basic and permanent solutions accepted by both sides, according to the statement.
They should also explore transitional solutions without involving their respective positions and requests, it said.
The countries also agreed to extend agreements signed by companies from both side on exploration in agreed areas.
The frequency of their negotiations in low-sensitivity areas will now be increased and cooperation in marine environmental protection, scientific research, rescue work, disaster prevention and relief, as well as interconnection and mutual communication will continue.
The statement calls for both sides to remain calm and avoid actions that could complicate or escalate a dispute. They also agreed to make good use of the crisis management hotlines of their foreign affairs ministries and take a constructive attitude to problems, so to safeguard overall interests of Sino-Vietnamese relations and maintain peace and stability in the
Both sides agreed to maintain high-level engagement and strengthen strategic communication through exchange of visits, hotlines and multilateral meetings.
They said they would maintain military-to-military relations, and make full use of the defense security consultation mechanism and hotline between defense ministries so as to increase mutual trust.
According to the statement, both sides will carry out the border cooperation agreement and continue to carry out joint patrols along the land frontier.
It added that the Chinese and Vietnamese navies will carry out two joint patrols of the
This agreement also concerns law-enforcement and security cooperation, with pledges to start negotiations on a bilateral extradition treaty in the latter half of the year.
The two countries agreed to promote the common development of border areas, the statement said, hailing the newly-established committee on border management and cooperation during Truong's visit.
They reached a consensus on advancing the opening and upgrading of border ports, stepping up ports' infrastructure building and improving the efficiency of the ports' traffic.
On the economic front, both nations will advance cooperation in agriculture, fishery, transportation, energy, mining, manufacturing and other fields, as well as expand trade and promote financial cooperation, the statement said.
It continued that
They pledged to advance cultural exchanges and cooperation, agreeing to hold the second Chinese-Vietnamese youth gathering in
Under the new agreement, science and technology cooperation will be deepened, encouraging more joint research and development in agriculture, information communication, new energy, environmental protection, water resources management, utilization and protection.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn