Chinese top leader Xi Jinping to make state visit to Vietnam
China's Party General Secretary and President Xi Jinping will pay a state visit to Vietnam from April 14 to 15.
Vietnamese Party General Secretary To Lam (left) and Chinese Party General Secretary and President Xi Jinping at their meeting in Beijing in 2024. Photo courtesy of Vietnam News Agency.
The visit will be made at the invitation of Vietnam's Party General Secretary To Lam and State President Luong Cuong, according to the Vietnamese Ministry of Foreign Affairs.
Since the establishment of the Comprehensive Strategic Cooperative Partnership framework in 2008, relations between the two Parties and the two countries have grown increasingly substantive, solid, and comprehensive across all fields, the ministry reported.
Vietnam-China trade and investment cooperation has been deepening. China has been Vietnam's largest trading partner for 20 consecutive years, while Vietnam is now China's largest trading partner in ASEAN and its fourth-largest trading partner globally.
Bilateral trade turnover has increased ninefold, from $20 billion in 2008 to nearly $180 billion in 2022. Over the past 15 years, Chinese investment in Vietnam has grown more than 10-fold, from a cumulative total of $2 billion in 2008 to $25 billion today.
In 2023 alone, China was the fourth-largest investor in Vietnam. In the first quarter of this year, the powerhouse ranked third in terms of registered investment capital, following Singapore and South Korea.
People-to-people exchanges and cooperation between localities have been vibrant, with nearly 60 provinces and cities in Vetnam establishing friendly cooperative relations with localities in China.
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