In the January – November period, goods trade between the two countries was estimated at 1.45 trillion CNY, up 3.6% year-on-year, accounting for 25% of China's total trade with ASEAN.

The Vietnamese booth at the China-ASEAN Expo (CAEXPO) 2023 attracts many visitors.

Notably, bilateral trade hit a monthly record high of 161.92 billion CNY in November alone, an increase of 12.5% year-on-year.

Vietnam – China bilateral trade continues to develop fruitfully as Vietnam has remained China's largest trading partner among ASEAN since 2016.

In recent years, the bilateral cooperation in industrial and supply chains has become increasingly close.

In the first 11 months of this year, the import and export of intermediate goods reached 1.01 trillion CNY, amounting to 69.8% of China-Vietnam trade during the period.

The two countries still have vast space to boost cooperation in the agricultural sector. In the first 11 months of 2023, China imported 44.62 billion CNY of Vietnamese agricultural products, an increase of 20.3% from last year.

Meanwhile, Chinese vegetables and temperate fruits are also welcomed by the Vietnamese market. China exported 34.31 billion CNY of agricultural products to Vietnam during the reviewed period, up 3.1% yearly.

According to the Chinese General Administration of Customs, economic recovery after the pandemic has stimulated the recovery of border trade.

In the first 11 months of 2023, informal cross-border trade between China and Vietnam reached 118.58 trillion CNY, an increase of 35.1% year-on-year, contributing 2.2% to the total bilateral import-export turnover growth rate.

In particular, border trade between the two Chinese localities of Guangxi and Yunnan with Vietnam recovered quickly, up 34.4% and 65.6%, respectively.

1,000 runners join Vietnam-China cross-border marathon

Some 1,000 runners from Vietnam, China and countries in the Association of Southeast Asian Nations (ASEAN) participated in the first International Friendship Marathon 2023, taking place in the border city of Mong Cai, Vietnam's northern border province of Quang Ninh, on December 3.

Vietnam encourages cooperation with China during Wang Yi's visit

Vietnamese officials received Chinese Foreign Minister Wang Yi in Hanoi on Friday and expressed the desire to expand cooperation between the two strategic partners.

Vietnam, China hold 15th meeting of Steering Committee for Bilateral Cooperation

The 15th Meeting of the Vietnam-China Steering Committee for Bilateral Cooperation was held in Hanoi on December 1 under the co-chair of Vietnamese Deputy Prime Minister Tran Luu Quang and Politburo member, Director of the Communist Party of China (CPC) Central Committee’s Commission for Foreign Affairs and Minister of Foreign Affairs Wang Yi.

Vietnam, China move to tighten trade, investment links

About 150 enterprises of Vietnam and China joined in a conference held in Beijing on November 27 to promote bilateral economic, trade, and investment connections.

Vietnam treasures comprehensive strategic cooperative partnership with China: PM

The Vietnamese Party and State consistently treasure, maintain and develop the Vietnam-China comprehensive strategic cooperative partnership, considering it an objective requirement, a strategic, long-term choice and a top priority in the country’s foreign policy, Prime Minister Pham Minh Chinh has said.

Source: VNA