At the reception, Thang noted that 2025 marks the 75th anniversary of the establishment of diplomatic relations between Vietnam and China. To mark the milestone, both sides have organised a range of activities and maintained frequent exchanges of high-level delegations.

The Minister highlighted the strong momentum in Vietnam–China economic relations. As of the end of November 2025, Chinese investors had 6,197 valid projects in Vietnam, with total registered capital of approximately US$34.72 billion, accounting for 6.56% of total foreign direct investment and ranking China sixth among 153 investment partners.

Bilateral trade also continued to expand, with ten-month total turnover exceeding US$200 billion. During this period, Vietnam exported about US$57 billion worth of goods to China, while imports from China reached roughly US$150 billion.

Thang also expressed appreciation to the Chinese Government and people for providing US$500,000 in aid to help Vietnam recover from severe flooding in Vietnam, describing the assistance as a clear demonstration of the close and friendly relations between the two countries.

For his part, Ambassador He described Vietnam–China relations as “entering a second golden age,” noting that an increasing number of Chinese enterprises are expanding investment in Vietnam and that economic and trade cooperation continues to deepen.

He also pointed out that Vietnam is preparing for its the 14th National Congress of the Communist Party of Vietnam and a new phase of national development, while China is set to implement its 15th five-year plan, both of which share similarities in development vision.

Against this backdrop, Ambassador He expressed his expectation that bilateral economic, trade, and financial cooperation would reach a new level. He emphasised the important role of Vietnam’s Ministry of Finance in this process and affirmed China’s desire to maintain close coordination to further advance cooperation in the coming period.

During the meeting, Minister Thang addressed issues raised by the Ambassador and outlined several areas for enhanced collaboration. He said that the Vietnamese Prime Minister had agreed in principle to establish a Vietnam–China Working Group on Financial Cooperation, as well as to consolidate and upgrade the existing Working Group on Land Infrastructure Cooperation into a Vietnam–China Working Group on Strategic Infrastructure Cooperation.

The Minister also called on the Chinese Embassy to support greater investment by Chinese enterprises in Vietnam, with priority given to projects related to green transformation, digital transformation, and technology transfer. In addition, he requested the Embassy to serve as a bridge for deeper information-sharing and exchanges on the development of China’s state-owned economy at various levels.

Both sides reached consensus on promoting cooperation in mobilising capital for strategic transport infrastructure projects, viewing this as a key driver for Vietnam’s economic development and for strengthening bilateral economic ties in the period ahead.

Vietnam, China pilot two-way cargo transport at int’l border gate pair

A two-way freight transport system via dedicated roads and customs clearance routes of the international border gate pair of Huu Nghi (Vietnam) – Youyi Guan (China) will be piloted from December 10, according to the Management Board of Dong Dang-Lang Son Border Gate Economic Zone in Lang Son province.