Vietnam, China have huge potentials for cooperation: Vietnamese President (2)

To further develop, he said Vietnam and China need to keep on further reforms and to identify and overcome the difficulties and challenges in socio-economic development, including the gap between the rich and the poor, environment and climate change, and sustainable development, etc.

He said the Communist Party of Vietnam, the state and the people of Vietnam are trying their best to fulfill the targets of building Vietnam to become a wealthy, strong, democratic, equitable and civilized country, adding he hopes China gain greater achievements and fulfill the target of building a comprehensive well-off society at an early time.

The China-Vietnam economic and trade cooperation has constantly developed, with the two-way trade turnover reaching 50.4 billion U. S. dollars in 2012.

The Vietnamese market and the Chinese market are important to each other, the president said.

He said Vietnam highly appreciates China's large-scale investment projects to Vietnam, which are typical and have state- of-the-art technologies and advanced equipment, especially those in infrastructure, manufacturing and support industries.He said Vietnam wants to export more goods to China, especially agricultural products and seafood.

President Sang said although the bilateral ties have developed smoothly, there have been some complicated and tough issues, such as the land border and demarcation of the Beibu Gulf. During the years, the two sides have had a lot of efforts and valuable experience in handling these issues.

As for the issue of the South China Sea, said the leaders of the two countries had held many sincere and frank talks and reached common consensus of significance in handling the issues, President Sang said.

He said he expects during his visit to China, he will hold sincere and frank talks with the Chinese leaders on setting forth more measures in order to handle reasonably the differences over the seas, contributing to further developing the relations between the two parties and the two countries in a healthy and long-term manner, and to maintaining peace and stability in the South China Sea.

"The friendship between Vietnam and China is a common precious asset of the two peoples. It was fostered by the older generations of leaders and peoples of the two countries," the Vietnamese President said. "All of us are responsible for preserving, inheriting and promoting our friendship."

He said the Vietnamese will never forget the precious support rendered by the Chinese to their struggle for national liberation in the past, as well as their national construction at present.

Vietnam attaches great importance to the development of friendly relationship and comprehensive cooperation with China, considering it as a basic, consistent and long-term policy and as a top priority in Vietnam's foreign policy, he said, adding this meets the expectations and common interest of the two peoples.

He hoped the friendly relationship and the comprehensive strategic cooperative partnership between the two countries be passed on from generation to generation.