German businesspeople have invested a great deal in our country, and trade is flourishing. We want to speed up economic cooperation. Your country is a large, important provider of aid, and it has done a great deal to reduce the poverty of many Vietnamese.

In the Communist Party, we address problems very openly and sometimes very vocally, and we point out abuses. This is a good thing. We exercise self-criticism once a year. Although 80 percent of the members of the National Assembly are also members of the Communist Party, this does not prevent them from sharply criticizing the administrative and governmental system.

German businesspeople have invested a great deal in our country, and trade is flourishing. We want to speed up economic cooperation. Your country is a large, important provider of aid, and it has done a great deal to reduce the poverty of many Vietnamese.

In the economy we guarantee all market players the same conditions, and the private sector plays an increasingly important role. We are in the process of dissolving thousands of state-owned companies and converting them into stock corporations. We even plan to accelerate this development. In contrast, it is the party's responsibility to improve the lives of the people, and this is where our citizens have great confidence in us. Party members who commit crimes are severely punished.

The governments and the communist parties in Vietnam and China are doing their best to develop their local economies. But the rise of countries in Asia is not in opposition to development and affluence in Western nations. It is a mutually beneficial development. The interests of Western investors are protected in our country. Both we and the West benefit from this in equal measure.

We [Vietnam] happen to offer good investment opportunities for foreigners, although this is not a one-way street. Both we and the foreign investors benefit greatly as a result.

Money, as a sort of drug, has become a great danger to our development. There will be no progress in our country unless we win the fight against corruption. This is a question of survival for the Communist Party of Vietnam and for socialism.