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China Daily / 2025-04 / 15 / Page004

Vietnam deepening friendship, cooperation with China

By Chu Dinh Phuc and Nguyen Dieu Huong | China Daily | Updated: 2025-04-15 00:00
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Vietnam and China are two neighboring countries with many similarities in history and culture. In 2025, the people of Vietnam and China are joyfully celebrating the 75th anniversary of the establishment of diplomatic relations.

In recent years, bilateral trade between Vietnam and China has taken significant strides. Vietnam maintains its position as China's largest trading partner in ASEAN and, by 2024, it had become China's fourth-largest trading partner. In contrast, China is Vietnam's largest trading partner, largest import market and second-largest export market.

Vietnam primarily exports agricultural products, seafood, textiles, rubber, crude oil, and electronic components to China, while importing machinery, industrial equipment, raw materials, consumer goods, and electronic components from China. The trade volume between the two countries has been rapidly growing, with a positive shift in the structure of traded goods. This shift toward more diverse exports and imports allows both nations to effectively leverage their comparative advantages. Vietnam's exports to China are transitioning from raw and semi-processed goods toward processed industrial products, indicating a move toward higher value-added exports.

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