China-Việt Nam economic, trade ties to become model for regional cooperation

4h ago

20-01-2026 12:58:15+07:00

Chairman of the Regional Comprehensive Economic Partnership (RCEP) Industry Cooperation Committee Xu Ningning has expressed his belief that China and Việt Nam would achieve better quality in their economic-trade ties on the existing foundation, setting a model for regional cooperation.

Chairman of RCEP Industry Cooperation Committee Xu Ningning. — VNA/VNS Photo

Talking with the Vietnam News Agency’s reporters in Beijing, Xu pointed out that 2025 marked the 75th anniversary of diplomatic ties, with economic and trade ties delivering notable and effective results that vividly reflect their longstanding fraternal friendship.

For many consecutive years, China has remained Việt Nam’s largest trade partner, while Việt Nam has ranked as China’s top trade partner within the Association of Southeast Asian Nations (ASEAN). Complementary collaboration in agriculture and manufacturing has continued to deepen, generating tangible benefits for the people of both nations, he said.

Looking ahead, Xu said the upside for economic and trade ties remains enormous. First, deeper integration of industrial chains by combining China’s massive market scale and technological capabilities with Việt Nam’s dynamic manufacturing base could forge a more resilient regional supply chain.

Second, expanded collaboration in emerging sectors, including joint research, development, and application in new energy, digital economy, and green industries, would support Việt Nam’s industrial upgrading.

Third, stronger infrastructure connectivity, particularly through coordinated investment in road, rail and port projects, could further reduce trade costs.

Fourth, as two key drivers of regional economy, China and Việt Nam should enhance coordination under the RCEP framework to facilitate regional flows, jointly advance regional economic integration and safeguard the free trade system, he added.

Bizhub

- 11:14 19/01/2026