Minister of Industry and Trade Nguyen Hong Dien met with Chinese Minister of Commerce Wang Wentao in Kuala Lumpur on October 27, on the sidelines of the 47th ASEAN Summit and related meetings, to discuss measures for further boosting bilateral economic and trade relations.

Minister of Industry and Trade Nguyen Hong Dien meets with Chinese Minister of Commerce Wang Wentao on the sidelines of the 47th ASEAN Summit in Malaysia on October 27.

Looking into economic and trade ties, the two ministers agreed on the need to enhance coordination amid complex global and regional economic developments, according to the Vietnamese ministry.

Dien informed that Vietnam is completing domestic procedures for signing the protocol that upgrades the ASEAN – China Free Trade Area (ACFTA 3.0) as planned.

He affirmed Vietnam’s commitment to working closely with other ASEAN members and China to ensure its effective implementation for the benefit of businesses and citizens.

China remains one of Vietnam’s most important trading partners, serving as a major export market and a key supplier of materials and goods. In 2024, bilateral trade reached a record high of 205.2 billion USD, marking a new milestone.

Vietnam’s exports to China in the first eight months of 2025 rose 9.2%, up from the 7.1% expansion in the first seven months. Particularly in August, exports recorded a double-digit increase of about 22% year-on-year, reported the Vietnam Trade Office in China.

Vietnam’s key exports to China include agricultural products such as rice, coffee, cashew nuts, and fruits, along with seafood, electronic components, textiles – garment, rubber, and crude oil.

Vietnamese farm produce have a strong foothold in the Chinese market thanks to geographical proximity and high consumer demand, with durian, dragon fruit, mango, and passion fruit maintaining solid growth.

Meanwhile, Vietnam imports machinery, industrial equipment, production materials, consumer goods, and electronic components from China.

The diverse trade structure allows both countries to leverage their comparative advantages, contributing to shared economic growth.

Vietnam, China firms partner to supply 1.6 million pigs to southern market

The plan was unveiled at a signing ceremony between the BAF Vietnam Agriculture Joint Stock Company and China’s Muyuan Foods Co. Ltd in Ho Chi Minh City on September 28.

 

Vietnam, China’s Shandong province seek stronger trade links

Vietnam–Shandong trade turnover grew 12.5% in 2024 and surged 18.9% in the first eight months of 2025. Vietnam’s exports to Shandong jumped 29.4% during January - August, making Vietnam the province’s third-largest trading partner in ASEAN.

 

PM receives China’s Shandong provincial Party chief

Prime Minister Pham Minh Chinh urged Shandong and Vietnamese provinces to step up exchanges at all levels, share development experience, promote personnel training, and tap into each side’s strengths to create new breakthroughs in practical cooperation. He also suggested Shandong boost import of Vietnamese goods, particularly high-quality agricultural products.

 

Vietnam, China push forward railway cooperation projects

The first meeting of Vietnam – China Joint Railway Cooperation Committee aimed to implement the common perceptions reached by the two countries’ high-ranking leaders on strengthening cooperation and expediting cross-border railway projects.

 

Huge room for stepping up Vietnam - China investment, tourism cooperation

The Vietnamese Embassy in China pledges to accompany and effectively support cooperation activities, creating the most favourable conditions for exchanges between localities and enterprises of the two countries, Ambassador to China Pham Thanh Binh stated.

 

Electronics lead Vietnam’s trade, with China the largest supplier

Vietnam’s trade reached 83.1 billion USD in August, up 0.9% from July. In the first eight months, turnover amounted to nearly 598 billion USD, with computers, electronics and phones together accounting for about one-third of total exports and imports