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MOFCOM BJT

Could you please introduce the current state of China-Vietnam economic, trade and investment cooperation? What are the prospects for future economic and trade cooperation between the two countries?

In recent years, China-Vietnam economic and trade cooperation has developed steadily. I would like to share some data: China has been Vietnam's largest trading partner since 2004, and Vietnam has been China's largest trading partner in ASEAN since 2016. Bilateral trade between China and Vietnam has exceeded 200 billion USD for four consecutive years, reaching 260.65 billion USD in 2024, a year-on-year increase of 13.5%. Vietnam is an important overseas investment destination for China. In 2024, direct investment made by Chinese enterprises in Vietnam reached over 2.5 billion USD, maintaining rapid growth.

We are ready to work with Vietnam to implement the series of important common understandings reached by the top leaders of the two parties and two countries on deepening the building of a China-Vietnam community with a shared future that carries strategic significance. We aim to upgrade the quality of economic and trade cooperation between the two countries and bring more benefits to the people of both countries. Thank you.