Vietnam, China discuss upcoming visit of high-level leaders
Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Chinese Minister of Commerce Wang Wentao on Monday discussed preparations for the upcoming visits of high-level leaders.
The discussions took place as the two ministers co-chaired the 12th meeting of the Vietnam-China trade-economic cooperation committee in Hanoi.
The meeting was part of Wang Wentao’s agenda during a four-day (November 25-28) visit to Vietnam. It was also the first offline edition of the meeting after a three-years disruption caused by the Covid-19 pandemic.
The two delegations discussed solutions to some problems and areas of focus for the future; as also guidelines for more sustainable, stable and balanced economic cooperation between the two countries.
The two ministers agreed to exert more efforts towards acting on important common perceptions reached between leaders of the two parties and countries.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien co-chairs the 12th meeting of the Vietnam-China trade-economic cooperation committee in Hanoi, November 27, 2023. Photo courtesy of Vietnam's Ministry of Industry and Trade.
Minister Dien proposed several solutions for helping Vietnamese firms build up their brands, including opening up the Chinese market market further for Vietnamese agricultural products; expediting negotiations on a rice trading agreement; further facilitating the export of tropical rock lobsters from Vietnam to China; and opening more border gates for trade in farm produce, fisheries, and food.
Other proposals included the establishment of Vietnam trade promotion offices in the Chinese localities of Haikou and Hainan; boosting cooperation between localities of both the countries; effectively implementing signed agreements, including one on Vietnam-China supply chain; and facilitating Vietnamese firms in leasing warehouses, exporting via e-commerce platforms and piloting free-trade areas.

Chinese Minister of Commerce Wang Wentao co-chairs the 12th meeting of the Vietnam-China trade-economic cooperation committee in Hanoi, November 27, 2023. Photo courtesy of Vietnam's Ministry of Industry and Trade.
Wang Wentao agreed with the suggestions and recommended strengthening bilateral cooperation in many areas including agricultural trade, trade-defense cooperation, cross-border e-commerce, upgrade of border gates, and customs clearance.
China is Vietnam’s biggest trade partner with an export-import turnover of $139.2 billion in the first 10 months of this year, as also the only trade partner to exceed the $100-billion mark in the period, according to the latter's General Statistics Office.
In the 10-month period, Vietnam exported goods worth $49.4 billion to China, the second-largest figure among all countries; while importing goods worth $89.8 billion, the highest among all partners.
At a meeting last weekend with Wang Wentao, Vietnamese Prime Minister Pham Minh Chinh said he appreciated the growth in bilateral ties, especially after the visit of Party chief Nguyen Phu Trong to China in October 2022.
He said China was a top priority in Vietnam’s diplomatic efforts and stressed that the two countries were “both comrades and brothers.”
Chinh proposed that the two countries cooperate more to ensure continuous supply chain operations and urged Chinese firms to invest more in Vietnam.
The PM also conveyed an invitation for his Chinese counterpart Li Qiang to visit Vietnam soon.
- Read More
Vietnam's private lender VIB seeks strategic shareholders: chairman
Vietnam International Bank's (VIB) board of directors is now in discussions with banks and investment funds to find suitable partners for the lender, ensuring a mutually beneficial partnership that goes beyond finance.
Banking - Fri, March 28, 2025 | 8:31 am GMT+7
Vietnam tech giant FPT opens semiconductor R&D center in central Vietnam
Vietnam’s leading tech group FPT on Thursday inaugurated its high-tech and semiconductor R&D center at the Danang Software Park No. 2 in the central city of Danang.
Industries - Fri, March 28, 2025 | 8:00 am GMT+7
HCMC's international financial center development to be phased out: city leader
Ho Chi Minh City aims to become an international financial center, with related development plan divided into three phases, said Vo Van Hoan, its Vice Chairman.
Economy - Thu, March 27, 2025 | 11:11 pm GMT+7
Car producers in Thailand postpone export models
Car manufacturers in Thailand have decided to delay making some models for export due to U.S. President Donald Trump's new tariff policy.
Southeast Asia - Thu, March 27, 2025 | 10:17 pm GMT+7
Indonesia approves $7 bln budget for food security in 2025
Indonesia’s Ministry of Finance on Wednesday announced that the government has approved a budget of IRD118 trillion ($7.1 billion) for food security programs in 2025.
Southeast Asia - Thu, March 27, 2025 | 10:14 pm GMT+7
Honda Vietnam rolls out first domestically produced electric scooter
Honda Vietnam has officially launched its first domestically produced electric scooter, the ICON e:, marking a significant step in the company’s electrification and sustainable mobility strategy in Vietnam.
Southeast Asia - Thu, March 27, 2025 | 10:09 pm GMT+7
Vietnam's Quang Ngai seaport system requires over $420 mln investment by 2030
The seaport system in the central Vietnam province of Quang Ngai will need about VND10.83 trillion ($423.54 million) in investment by 2030, according to the detailed 2021-2030 development plan for local seaport land and water areas, with a vision to 2050.
Southeast Asia - Thu, March 27, 2025 | 10:06 pm GMT+7
Leading steelmaker Hoa Phat targets record revenue on partial operation of central Vietnam plant
Hoa Phat Group, Vietnam’s top steelmaker, targets a record-high revenue in 2025, driven by the expected partial operation of a steel and iron complex in the central region this year.
Companies - Thu, March 27, 2025 | 8:10 pm GMT+7
Offshore wind power developer CIP seeks long-term cooperation with Vietnam
Copenhagen Infrastructure Partners (CIP), a major Danish renewable energy developer, is seeking to reach long-term cooperation with Vietnamese businesses in the offshore wind power sector.
Energy - Thu, March 27, 2025 | 4:16 pm GMT+7
Vietnam giant VinFast moves to expand EV service in Philippines
VinFast, Vietnam’s largest electric vehicle (EV) manufacturer, has partnered with MGA.414 Corporation, the operator of the JIGA automotive service chain, to expand its EV service network in the Philippines.
Southeast Asia - Thu, March 27, 2025 | 3:48 pm GMT+7
Vietnam's MobiFone officially launches 5G services
MobiFone, one of Vietnam’s leading telecommunications providers, has officially commercialized its 5G services, becoming the third network operator in the country to do so.
Southeast Asia - Thu, March 27, 2025 | 3:45 pm GMT+7
Thanh Cong Group inaugurates first automobile manufacturing plant in Vietnam's Quang Ninh province
Vietnamese automaker Thanh Cong Group officially inaugurated its Thanh Cong Viet Hung automobile manufacturing plant on Wednesday at the Viet Hung Industrial Park in the northern province of Quang Ninh.
Southeast Asia - Thu, March 27, 2025 | 3:32 pm GMT+7
Vietnam willing to open doors to US agricultural products: minister
Vietnam is actively preparing to open its market to U.S. agricultural products such as tangerine, plum, and lemon, Vietnamese Minister of Agriculture and Environment Do Duc Duy said on Wednesday.
Economy - Thu, March 27, 2025 | 3:08 pm GMT+7
S Korea chaebol Lotte eyes hypermarket in northern Vietnam
South Korean conglomerate Lotte is eyeing projects in Thai Nguyen province, an industrial hub in northern Vietnam, firstly a hypermarket.
Industries - Thu, March 27, 2025 | 12:15 pm GMT+7
Dubai-based PDSI eyes $2.6 bln investment in tourism-golf course project in central Vietnam
PDSI Group, a Dubai-based real estate and consulting firm, has expressed interest in developing a $2.6 billion commercial, tourism, and golf course complex in Binh Thuan, a south-central coastal province of Vietnam.
Real Estate - Thu, March 27, 2025 | 11:38 am GMT+7
S Korea's SK set to divest from Vietnam's giant Vingroup
South Korean chaebol SK Group is set to divest from Vietnamese conglomerate Vingroup, according to the former’s annual report 2024.
Companies - Thu, March 27, 2025 | 11:30 am GMT+7